City of Atlantic City, NJ

The plan calls for up to $55 million of borrowing to fund 2015 state health and pension benefits.

New Jersey Gov. Phil Murphy appointed his primary opponent to lead a review of the state’s intervention efforts.

The increasing saturation of the Northeast market with casinos bodes poorly for states expecting tax windfalls, analysts said.

Gov. Chris Christie pocket-vetoed a bill to offer tax incentives for businesses near Atlantic City's airport.

Revel, the failed $2.4 billion casino in Atlantic City, New Jersey, built as a high-end playground for Wall Street bankers, sold for $200 million to a Colorado developer who plans to reopen it under the name Ocean Resort Casino.

The state’s bid to legalize sports betting is in the hands of the U.S. Supreme Court.

Donald Guardian, who navigated challenging financial waters in New Jersey’s gambling hub for the past four years, has found a new role with another Garden State municipality 50 miles north.

The water utility will not be sold or leased as part of New Jersey’s state takeover, officials announced.

Atlantic City's declining gambling market that contributed to a near default on city finances last year is poised for a slight comeback with the shuttered Revel Casino Hotel slated to reopen next year under new ownership.

New Jersey is cutting salaries for Atlantic City firefighters after a court limited staff reductions under the state’s Municipal Stabilization and Recovery Act.

Voters brought change to both the Atlantic City and New Jersey governments in Tuesday's election.

A court ruling offers some financial relief to the distressed gambling hub, according to Moody’s Investors Service.

New Jersey's long track record of aiding distressed municipalities continues, according to S&P Global Ratings credit analyst Timothy Little.

S&P raised the city's rating on notch to CCC-plus and assigns a stable outlook.

The job cuts are permitted under the state’s Municipal Stabilization and Recovery Act, the judge ruled.

The cash-strapped gambling resort highlight's available property and the state's ability to offer tax breaks.

Top-shelf municipal bonds were stronger at midday, according to traders, who are looking ahead to next week’s $9.92 billion new issue calendar.

Municipal bond traders on Friday are looking ahead to next week’s new issue calendar, which has a hefty number of competitive and negotiate bond offerings slated for sale.

Top quality municipal bonds ended mixed on Thursday, traders said, as the market saw the University of Virginia come to market with a 100-year taxable bond offering.

Strong demand was reported for the $68.3 million transaction.