πŸ”₯ Showboat owner eyes return of casino at Atlantic City site - The Morning Call

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The rebranded Trump Taj Mahal and Revel, respectively, both reopened on June 28 of last year. But are 10 casinos a good idea for AC right now.


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These are the precautions one casino has taken for its reopening

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By February , Blatstein was moving toward re-opening the casino. In June, the Showboat increased in size by more than half again.


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Bart Blatstein sells Atlantic City pier property to Caesars Entertainment, says sale leaves him "completely focused" on reopening Showboat.


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Stockton sold the Showboat to Blatstein in January for $23 million. The property reopened as a non-gaming hotel that summer.


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Atlantic City's Failed Revel Casino Is Sold, Could Reopen In Months

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Atlantic City could see a 10th casino in its market and the third closed Boardwalk casino to re-open as Showboat Atlantic City owner Bart.


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By February , Blatstein was moving toward re-opening the casino. In June, the Showboat increased in size by more than half again.


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A former staple casino of Atlantic City's famous Boardwalk may be re-opening with gambling in the near future. New Jersey's Casino Control.


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2,000 back at work after Tampa's Seminole Hard Rock Casino reopens

Skip to content Challenge Alert. More than ever, I am extremely bullish on Atlantic City. Re-expanding the Atlantic City casino market to 10 properties would continue a trend of added gambling revenue and employment. Parts of the proposal that never came to fruition included an elevated pool high above the ocean. Money New Jersey Real Estate. Caesars retained ownership of the pier itself. While still accessible from Caesars casino, The Playground offered valet parking nearby and free surface parking with a shuttle, which some potential customers found off-putting. The absence of affordable, easily accessible parking was one of many factors that sunk The Pier Shops, and also held back The Playground. About Associated Press Read more. Enter your Email here. Patrons had to make their way through a parking garage, a skywalk and a smoky casino floor in order to access the facility in its previous incarnation. Last March, he said he was moving forward with a plan to return casino gambling to the Showboat, which was one of four Atlantic City casinos to shut down in The state Casino Control Commission gave Blatstein preliminary approval to pursue a casino license, and he said at the time he believes the market can handle another casino. Second-quarter earnings are sure to be worse because the casinos have been shut all of April and, so far, May, with no reopening date scheduled. Atlantic City casinos shatter revenue-drop record β€” again. Anchors including an Apple store, Tommy Bahama and Gucci have departed. The fourth casino, the Atlantic Club, was sold last year to a New York firm that plans to reopen it as a non-gambling hotel. While casinos and local unions formulate guidelines for reopening, city government fights off a referendum and out-of-work residents line up for food. The sale reverses the transaction the two parties made in Blatstein plans to focus on returning casino gambling to the Showboat, the former casino he owns and operates as a non-gambling hotel. Blatstein added nightlife options and some retail outlets, but passenger traffic has since fallen. The company is being acquired by Eldorado Gaming, a transaction that is working its way through a thicket of regulators in numerous states as well as with the Federal Trade Commission. A Caesars spokeswoman confirmed the deal, saying the company will consider plans for it over the next few months. Caesars Entertainment is going through turmoil of its own. Share this Facebook Twitter Email.

He did not divulge the sale price. That dream was only partially met, at best. Ways to Donate.

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