Icahn
David Danzis at the Press of AC reports on Carl Icahn, who has effectively taken control of Caesars Entertainment Corp. after getting three new directors on the board–maybe four, depending on how the CEO search works out.
Caesars owns Bally’s and Harrah’s so we are doomed.
Financial Aid
Five hundred and thirteen undocumented immigrants in New Jersey got financial aid in the sum of $1.6 million last year, which is $3.5 million less than Jeffrey Chiesa’s law firm got paid for doing whatever it was they did in Atlantic City during some of the takeover. Anyway, NJ.com has a story on which colleges they went to.
I know what you’re thinking. They can go anywhere they want as long as it’s not law school.
For more feats of journalism…
Bridgegate, Atlantic City Style. Venice Park Crumbling Infrastructure–Residents of the Venice Park section of Atlantic City desperately need a new bridge, maybe two. acprimetime.com
Voters would decide if N.J. legalizes weed under brand new proposal–WASHINGTON — A pair of state lawmakers — one Republican and one Democrat — are working on a proposal that would allow New Jersey voters, rather than legislators, to decide whether to legalize marijuana in the Garden State. Currently, New Jersey’s leaders are hoping to legalize weed here by having the New Jersey Legislature vote on a bill that would tax and regulate recreational pot use for people 21 and older. www.nj.com
Ocean Resort Casino already seeing turnaround for new owners of troubled Atlantic City property–The man overseeing Atlantic City’s Ocean Resort Casino until new owners take over says the property is re-stocked with cash and is already starting to turn around its performance. www.nj.com
PART OF VW SETTLEMENT FUND GOES TO EV CHARGING STATIONS, ELECTRIC BUSES–The state is allocating $11.2 million from a Volkswagen settlement to install electric-vehicle charging stations at hundreds of locations around New Jersey and to buy new electric buses for NJ Transit in Camden. www.njspotlight.com
Charges in nightclub fight dropped against A.C. mayor–The saga of the nightclub fight involving Atlantic City’s mayor and a councilman ended Wednesday, with an admission by Councilman Jeffree Fauntleroy that he obstructed the flow of traffic. www.breakingac.com