Stockton School of Business earns extended accreditation from AACSB
Stockton University’s School of Business has earned extended accreditation from one of the most prestigious business education groups in the world. The Association to Advance Collegiate Schools of Business, a global nonprofit association that maintains the highest standards in business education, recently announced the reaccreditation extension after Stockton’s School of Business met numerous requirements of a rigorous […]
Fulton Bank announces $1 million grant to support Atlantic City neighborhood revitalization efforts
The Atlantic City Development Corp. and the Atlantic County Economic Alliance received $1 million in grants from Fulton Bank as part of the New Jersey Department of Community Affairs Neighborhood Revitalization Tax Credit program. The money will support two revitalization efforts in the city: ACDevco’s 2022 Chelsea Neighborhood Plan Project to establish regular neighborhood cleanups […]
Atlantic City visitor trend still climbing, SJTA data shows
Toll-paying traffic on the Atlantic City Expressway is up 6.5% in the first quarter of 2022 over the same period last year, while the number of passengers using Atlantic City International Airport is up 69%, according to the South Jersey Transportation Authority. “The authority continues on an upward trend in all major categories including toll […]
NJ sport bets over $1B again; casinos lag pre-pandemic level
 New Jersey’s robust sports betting market broke the $1 billion mark for the sixth time last month in terms of the amount of bets taken. But the news was bad in March for seven of the nine casinos that continued to lag behind their in-person gambling revenue levels from before the coronavirus pandemic hit, according […]
NJBC strong support for S-733 (Madden, Singleton)/A-2152 (Greenwald)
NJBC announced on behalf of the state’s business community, we are writing to express our strong support for S-733 (Madden, Singleton)/A-2152 (Greenwald) as it addresses three desperately needed fixes for our unemployment insurance (UI) payroll tax increase and the UI Trust Fund that is funded by that tax. This bill and the three changes it […]
Solving worker shortage — key issue at NJ Chamber summit
It’s considered one of the largest business events in the state — the New Jersey Chamber of Commerce annual summit in Atlantic City. Set against the backdrop of a city still recovering from pandemic losses, business and government leaders gathered this week to discuss major issues, including how a worker shortage is plaguing the state, […]
New Stockton program hopes to help casino employment struggles
Despite casino revenue showing signs of recovery from the worst of the COVID-19 pandemic, the industry’s workforce is still lagging as the busy season quickly approaches and properties scramble to fill positions. As of February, the New Jersey Division of Gaming Enforcement Employment Report shows casinos still have not returned to pre-pandemic employment levels with […]
Egg Harbor Township PAL to launch new observatory in June
People at the Police Activities League on Ridge Avenue will soon be able to get a closer look at the stars. Set to debut June 11, Buddy’s Observatory will be home to an 8-foot ash dome and a 14-inch Celestron telescope. Unique to South Jersey, the observatory will be open year-round to the public, schools […]
N.J. tax revenues are shockingly high as we’re slammed by inflation. Here’s what’s behind it all
New Jersey tax revenues have taken a wild ride over the past two years, and collections for the state’s major taxes are reaching historic highs. Gov. Phil Murphy’s administration says it expects to collect nearly $47 billion in taxes for the current fiscal year that ends June 30. That is nearly $5 billion above initial estimates last summer and […]
Our view: Biggest Atlantic City airport payoff still commerce
Among the delightful blooms of spring this year are budding promises of new airline services at Atlantic City International Airport. Two major airlines, Frontier and JetBlue, are competing to merge with the airport’s only scheduled carrier, Spirit Airlines. They see the value in Spirit’s ability to offer the lowest prices for expensive air travel, even […]