.

Showboat Atlantic City to Close Aug. 31

The Showboat made nearly $2 million in gambling profits as of March 31, according to The Press of Atlantic City.

The Showboat Atlantic City Hotel and Casino, which generated nearly $2 million in gambling gross operating profit as of March 31, is closing at the end of the summer, The Press of Atlantic City reports.

The Showboat closes on Aug. 31 in what a local union president calls a "criminal act upon the citizens of Atlantic County," according to the report.

The closing follows the Revel's announcement last week that it would close Sept. 1 if it couldn't find a buyer, and the January closing of the Atlantic Club Casino Hotel.

For more, visit pressofatlanticcity.com.


Mike Tribulas June 27, 2014 at 11:02 AM
This is the first to fall….many will follow….including the Revel.
luis cabrera June 27, 2014 at 01:20 PM
Wonder how many people online gambling employs ??
OCnjOC June 27, 2014 at 04:58 PM
Seems people want the practice of deed restrictions to stop because rumor has it they want to restrict the property to a non-casino if they sell it. People say it affects the property values and the City tax revenue in the future so it should not be allowed. Doesn't Ocean city have similar deed restrictions for alcohol sales? Maybe these proposed laws will end that?

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »