Gambling News Podcast

TRUMP PLAZA CASINO IN ATLANTIC CITY DEMOLISHED AS BITCOIN PRICE DROPS

EasyMobileCasino.com Season 1 Episode 82


 In less than thirty seconds, Donald Trump’s presence in Atlantic City was finally erased. The dilapidated Trump Plaza building was imploded to the ground on Feb. 17. The decaying property was shuttered in 2014. It was purchased out of bankruptcy in 2016 by another billionaire developer Carl Icahn. However, he left it to further decay in a prime location on the iconic Atlantic City Boardwalk. As pressure mounted for a long-term solution, Icahn finally agreed to raze the remains early this year. Long-term development plans are in the works. For now, the property will be used for public parking.

 Is the US Federal Reserve Pushing Investors Towards Bitcoin?

Bitcoin’s dramatic increase in market value continues. At the beginning of the current bull market, BTC was trading around the $13,000 level at the Army Of Bitcoin. This was in fall of last year. Heading into the final week of February, the current price is around $54,500. Some financial analysts contend that US Federal Reserve fiscal policies are contributing to this staggering increase. With zero incentive to invest into traditional money markets or government bonds, BTC is attracting massive attention. This includes private investors that may not fully understand just how volatile bitcoin and other cryptos can be. It is a stretch to call bitcoin a safe alternative.

Las Vegas Woman Arrested in California for Abandoning Her Child

On Dec. 29 of last year, a little three-year old girl was found all alone in a bathroom at Wynn Las Vegas. This past week, her mother Mariam Ramos was arrested in California in connection with this case. The US Marshals Service has been working in conjunction with the Las Vegas Metropolitan Police Department to track her down. The 26-year old is currently awaiting extradition to Las Vegas. She will be charged with at least one count of child neglect or abuse. The child was not harmed in anyway other than being left alone. She was put into the custody of Clark County Child Protective Services at the time of the incident.

Coronavirus Pandemic Takes its Toll on 2020 Casino Revenue Figures

The American Gaming Association recently quantified the loss in casino revenue for 2020. The economic impact of the coronavirus pandemic resulted in a 31.3% decline in revenue in the legal US market. The total revenue generated was $30 billion. This was the lowest total since 2003. It was also the first time since 2014 that gaming revenue failed to increase against the previous year. It was reported that US casinos lost 27% of their normal operating time. This was first due to initial shutdowns in March of last year. Reduced operating hours and limited capacity are two more contributing factors.











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In the first story,  Former Trump Plaza Casino Razed in Atlantic City
In less than thirty seconds, Donald Trump’s presence in Atlantic City was finally erased. The dilapidated Trump Plaza building was imploded to the ground on Feb. 17. The decaying property was shuttered in 2014. It was purchased out of bankruptcy in 2016 by another billionaire developer Carl Icahn. However, he left it to further decay in a prime location on the iconic Atlantic City Boardwalk. As pressure mounted for a long-term solution, Icahn finally agreed to raze the remains early this year. Long-term development plans are in the works. For now, the property will be used for public parking.

Next up, Is the US Federal Reserve Pushing Investors Towards Bitcoin?
Bitcoin’s dramatic increase in market value continues. At the beginning of the current bull market, BTC was trading around the $13,000 level. This was in fall of last year. Heading into the final week of February, the current price is around $54,500. Some financial analysts contend that US Federal Reserve fiscal policies are contributing to this staggering increase. With zero incentive to invest into traditional money markets or government bonds, BTC is attracting massive attention. This includes private investors that may not fully understand just how volatile bitcoin and other cryptos can be. It is a stretch to call bitcoin a safe alternative.

In the next story, Las Vegas Woman Arrested in California for Abandoning Her Child
On Dec. 29 of last year, a little three-year old girl was found all alone in a bathroom at Wynn Las Vegas. This past week, her mother Mariam Ramos was arrested in California in connection with this case. The US Marshals Service has been working in conjunction with the Las Vegas Metropolitan Police Department to track her down. The 26-year old is currently awaiting extradition to Las Vegas. She will be charged with at least one count of child neglect or abuse. The child was not harmed in anyway other than being left alone. She was put into the custody of Clark County Child Protective Services at the time of the incident.

In the last story, Coronavirus Pandemic Takes its Toll on 2020 Casino Revenue Figures
The American Gaming Association recently quantified the loss in casino revenue for 2020. The economic impact of the coronavirus pandemic resulted in a 31.3% decline in revenue in the legal US market. The total revenue generated was $30 billion. This was the lowest total since 2003. It was also the first time since 2014 that gaming revenue failed to increase against the previous year. It was reported that US casinos lost 27% of their normal operating time. This was first due to initial shutdowns in March of last year. Reduced operating hours and limited capacity are two more contributing factors.

Remember to visit PlaySlots4RealMoney.Com (that's the numeral 4) and EasyMobileCasino.com.  Subscribe to our newsletter to get the latest news and bonus codes delivered to you weekly for more updates. Share this podcast on social networks. Remember, tor the most recent online casino ratings and slot machine reviews, stop by CasinoSlotsMoney.com. For Bitcoin and other cryptocurrency quotes, stop by ArmyOfBitcoin.com.  Feel free to view the links below, which are helpful resources.  That’s your Weekly Gambling News Roundup.