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Showboat casino closing in atlantic city

Jun 29,  · In a city that seems to be hit by worse financial storms than even Sandy, Atlantic City is seeing yet another land casino hit a reef: Caesars Showboat has announced it will officially close on Reviews: 1. Showboat Atlantic City Hotel and Casino to close, official says by Alex Wigglesworth, RESMI4D.CO, Posted: June 26, The Showboat Atlantic City Hotel and Casino is closing after more than 27 years of operation, according to an official with the city's largest casino workers union. Jul 08,  · ATLANTIC CITY — One of Atlantic City’s dormant casino complexes is scheduled to come back to life Friday almost two years after it closed, but Showboat Atlantic City will reopen.

Atlantic City's Showboat Casino Will Close In August: Caesars

Close 1 of 3. New York Times. Facebook Twitter Flipboard Email. View of Showboat from the boardwalk. Kurt Williams, of Seaville, was a young boy when his family took him to the Showboat soon after it opened. Your current subscription does not provide access to this content. Keep it Clean.

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Showboat Atlantic City Hotel and Casino to close, official says

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Larry and Carol Lanza, of Lindenhurst, N. Fernando Blancas cleans Showboat windows in preparation for reopening the hotel rooms July 8, Bart Blatstein, whose company bought Showboat from Stockton University in January, said Thursday that the first guests are set to start checking in to the room hotel at 3 p. Its former owners, Caesars Entertainment, had closed the property on Labor Day weekend of , about 27 years after it opened.

Expedia, the travel web site, quoted a slightly higher total price with all taxes and fees added on. Workers were busy Thursday doing everything from scraping weeds from a street outside the hotel to cleaning windows along the Boardwalk. Fernando Blancas, of Valcourt Building Services, was doing that, but most of the work was going on behind the scenes.

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This Nov. The third of four Atlantic City casinos that shut down in could soon be offering gambling. Philadelphia developer Bart Blatstein said Monday he's moving forward with plans to bring a casino back to the Showboat, which he has been running for three years as a non-gambling hotel.

That would give Atlantic City 10 casinos, nearing the total of 12 it had in when competition in nearby states helped lead to the shutdown of four casinos. Two others that closed that year, Revel and the Trump Taj Mahal, reopened last year under new brands. The fourth casino, the Atlantic Club, remains shuttered and numerous deals to sell it have fallen through. Ocean Resort Casino already seeing turnaround for new owners of troubled Atlantic City property.

The Atlantic City property's finances and performance have improved, according to a trustee overseeing it until the new owners take over.

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The new competition is raising the market's overall casino revenue, even as it places more strain on existing casinos that had done better in recent years in a smaller market. Of the seven casinos that were operating before Hard Rock and Ocean Resort opened last June, six won less in than they had in , the latest of several indications that concerns about whether Atlantic City was re-expanding to an unsustainable size are valid.

The state Casino Control Commission gave Blatstein preliminary approval Monday to pursue a casino license. He said he believes the market can handle another casino. The market is looking for something different. Blatstein said he has a casino concept in mind but would not reveal it.

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