![]() The closures mean job losses for about 8,000 people. "With competition from other outlets in neighboring states, including casinos operated by Native American tribes, gambling revenue in Atlantic City has plunged by nearly half from its high of $5.2 billion in 2006, although revenues ticked up a bit in June," Greenblatt wrote. The Atlantic Club closed in January.Īs Alan Greenblatt reported last month, "Atlantic City began the year with a dozen casinos in operation but will may soon be down to eight." Prices are calculated as of based on a check-in date of. The Trump Plaza Hotel and Casino is expected to close Sept. Book Showboat Hotel Atlantic City, Atlantic City on Tripadvisor: See 2,157 traveller reviews, 1,484 candid photos, and great deals for Showboat Hotel Atlantic City, ranked 12 of 50 hotels in Atlantic City and rated 3.5 of 5 at Tripadvisor. The casino's closure will be followed tomorrow by the shutdown of Atlantic City's newest addition: The Revel, which was built at a cost of more than $2 billion. It was one of three casinos closing within the next two weeks as Atlantic City deals with the impact of. The Associated Press reports: "The Showboat's owner, Caesars Entertainment, closed the still-profitable casino to reduce the number of casinos in Atlantic City, which has been struggling with plunging revenue and increased competition in the saturated northeastern U.S. The Mardi Gras-themed casino shut down Sunday after 27 years on the Atlantic City Boardwalk.
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