Carl Icahn disclosed in an SEC filing he holds a 9.8% stake in Caesars Entertainment and the company should think about selling, which could be good for Atlantic City casino workers but honestly who knows with these people. Icahn’s track record in AC is pretty bleak.
Caesars owns Ballys, Harrahs, Caesars and the Country Club maybe.
Michelle Brunetti Post at the Press has a great rundown of yesterday’s CRDA meeting. The story covers a number of themes, but my favorite was when Nick Talvacchia, who’s representing Pat Fasano (who’s building the shipping-container hotel) got to talk about the “Uber effect” to argue his client doesn’t need all of the 120 parking spaces required by zoning ordinances, which were written back when people smoked cigarettes to promote the health of their “T zone.”
Long story short, CRDA cut the parking requirement in this case but said not to get used to it. “We can do this once,” board member Edward Gant was quoted saying. “It’s a concern for me.”
Meanwhile in Scottsdale, they’re trying to decide whether they should leave free scooters laying around for members of the public to use, or if it should be free bicycles instead. But CRDA has this parking thing.
Mr. Gant was an excellent Little League baseball coach (mine, specifically) but I wonder sometimes whether these guys understand millennials at all.
You’re a sucker if you’re paying more than $1 for year-round AC parking
For more feats of journalism…
Here’s how much N.J. taxpayers have paid so far for an investigation into the hire of a Murphy staffer accused of rape–New Jersey taxpayers have paid $22,500 so far for an investigation launched by Gov. Phil Murphy to examine how his administration responded to allegations that a former top staffer raped a campaign supporter, records show. www.nj.com
Murphy signs bill expanding New Jersey’s paid family leave law–Gov. Phil Murphy signed into law Tuesday a bill that will expand New Jersey’s paid family leave program, doubling the amount of time workers can take off to care for a new child or sick relative and increasing the pay they can receive in their absence. www.politico.com
Metro Diner, a restaurant chain known for its huge portions, to open first location in N.J.–Metro Diner, a national restaurant chain known for its heaping portions, plans to open its first location in New Jersey, a state known for its diners.The Metro Diner in East Brunswick is scheduled to open March 12 at 269 Route 18, the Florida-based company announced. The chain currently has nearly 70 restaurants in 14 states. www.nj.com
LOOKING TO REIN IN NEW JERSEY’S SURGING DEER POPULATION–Ryck Suydam, president of the New Jersey Farm Bureau, a Trenton-based nonprofit that represents 10,000 farmers across the state, says New Jersey’s surging deer population is costing the state’s farmers a lot of green, like the $8 million they eat out of soybean growers’ profits every year. www.njspotlight.com
AC Arena Football to host dance team tryouts–ATLANTIC CITY -Atlantic City Arena Football League will be hosting tryouts for the dance team 9 a.m. Saturday, March 16 at Jim Whelan Boardwalk Hall. The auditions are open to high school graduates at least 18 years of age with dance experience. www.downbeach.com