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The Trump Taj Mahal, which was opened by President-elect Donald Trump in 1990, shut down on Oct. 10. But Matt Levinson, chairman of the New Jersey Casino Control Commission, thinks better days are arriving for Atlantic City's casino industry. "These are some strong numbers, especially with all the bad news about Atlantic City's 'demise,'" he said. "There's a lot of good news here. We have some stronger casinos now, and internet gambling continues to increase. The hope is we're entering a stable environment now." Tom Pohlman, general manager of the Golden Nugget, said the Atlantic City market has "right-sized itself to the point where we're not over-saturated anymore. I'd like to think things had hit rock bottom and we'll all get better from here." Internet gambling revenue in New Jersey rose by more than 32 percent last year to nearly $197 million. New Jersey is one of three states in the U.S. where internet gambling is legal, along with Nevada and Delaware, but New Jersey is by far the largest online market.
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And both chambers of the legislature are still in negotiations with the Seminole tribe and the governor's office over updating a gambling agreement. "The House version won't be as expansive as the Senate's in terms of new slot partners," said state Rep. Jose Felix Diaz, R-Miami, the House's chief negotiator with the tribe. "I think that ultimately the only thing that can work to get a bill done would be a slight increase in slots and a contraction elsewhere. That's something that maybe the House and tribe can ultimately agree with." Get the Power Lunch Florida Politics Newsletter Read the story Under the terms of the Senate bill: Any racetrack that has operated dog or horse races for the last two years could get slots in counties that approve. In South Florida, that would mean slot machines in the Palm Beach Kennel Club and Hialeah Park. Miami-Dade and Broward counties could each see one new casino. Those betting parlors plus the seven pari-mutuels that already have casinos here would be able to operate up to 25 blackjack tables. Any gambling permit holder that does not offer gambling for 24 straight months would lose their permit. Gambling permits could also be sold back to the state. The money to buy them back, up to $20 million, will come from the Seminole tribe.
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In a separate English-language statement, he hailed the Vatican's hosting of a Palestinian embassy. "We are very grateful about the role that the Holy See has played for a just and lasting peace in the Holy Land, and for having opened an embassy of Palestine in the Vatican for first time," he said. But Abbas expressed concern about Trump's pledge during the election campaign to recognise Jerusalem as the capital of Israel and move the American embassy there. - 'Fuel extremism' - Such a step would be a historic break with US policy, and with most of the international community, over the status of Jerusalem, also claimed by the Palestinians as capital of their future state, an issue to be settled by negotiation. "Any attempts at legitimising the illegal Israeli annexation of the city will destroy the prospects of any political process, bury the hopes for a two-state solution, and fuel extremism in our region, as well as worldwide," Abbas said. "In this moment, we extend our hand to President-elect Trump for his cooperation to make peace based on international law," he added. Abbas met with Pope Francis for 20 minutes ahead of the embassy opening. Among the gifts exchanged, Abbas offered the pontiff a stone from the Church of the Holy Sepulchre in Jerusalem, according to Greg Burke, spokesman for the Holy See. A Vatican statement regarding Israel and the Palestinians added: "Hope was expressed that direct negotiations between the parties may be resumed to bring an end to the violence that causes unacceptable suffering to civilian populations, and to find a just and lasting solution." The private audience was the third meeting between Francis and Abbas.
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