NJ Casino News
For over 40 years that New Jersey casino gaming has been legal in Atlantic City. It has seen many casinos launch. In 2014, 4 of these casinos ceased operations, and then in 2016, the fifth closed. A non-gaming resort is now at least one of the many properties, and two many have launched under separate names. They're throwing away a bunch of proposals about the other two on the board, so no one's stopped. Nine successful casinos currently operate in the AC gambling industry. It had had its success and many times when either economic crises or global epidemics forced all nj online casinos to shutter.
The Effects of The Coronavirus Outbreak in Atlantic City's Gambling Industry
Gov. Phil Murphy called the lights out at gambling establishments in Atlantic City on the 16th of March, 2020.
Restricting casinos have to contain the virus, frequently dubbed COVID-19, for the fifth period in the recorded history of legal New Jersey casino gaming.
Murphy stated that AC casinos would remain shut immediately after the 16th of March until it becomes necessary for them to return.
A precise reopening date will be 108 days later, on the 2nd of July, giving the closure of the coronavirus, the most prolonged shutdown of NJ gambling in the history of NJ.
Casinos in Atlantic City resumed with limits on health & welfare, including a 25 percent room limit. As of September 2020, this limitation is still very much in effect, with no timeframe for when or whether it will adjust.
Before the actual holiday break, most of the Atlantic City casinos resumed operations on the 2nd of July and the 3rd of July. Borgata, though, was hoping to operate on the 6th of July, but they had to postpone it. Since reports arrived that enclosed dining still wouldn't resume as expected, the casino opted to remain closed.
On the 5th of February, 2021, the condition marginally changed. Casinos and establishments in Atlantic City now run at 35 percent capacity.
Reestablished Atlantic City Casinos
Showboat Hotel and Casino Atlantic City
Opened in March 1987, the Showboat Hotel, Casino, and Bowling Center boast a 60,000-square-foot casino and a 60-lane bowling alley. The restoration brought about a Mardi Gras style in 1995. Harrah's Entertainment purchased the parent company of Showboat in 1998 and assumed management.
In 2001, the casino changed the bowling alley to a buffet. In 2003, some other hotel tower, proposing a new design by remodeling and the old. It built a new hotel complex in 2004. Harrah's Entertainment became Caesars Entertainment the same year and announced arrangements to shutter the casino and selling it. Caesars shut down the Showboat on the 31st of August, 2014, after struggling to attract a buyer.
Acquiring the land, Richard Stockton College was to convert it into a university campus. Bart Blatstein, a businessman from Philadelphia, bought the property. It officially opened in July 2016 as a non-gaming hotel.
Atlantic Club Casino Hotel
The Atlantic Club Casino Hotel was the original Golden Nugget of Atlantic City. In 1980, it opened up as the Hotel & Casino Golden Nugget. In 1987, Bally Manufacturing bought the casino and changed the name to the Grand Hotel and Casino of Bally.
Resorts International Holdings purchased the casino in 2005 and operated Resorts Atlantic City and Atlantic City Hilton as a single company for the next four years.
They replaced Hilton's name in June of 2011, and it became ACH Casino Resort. In 2012, Atlantic Club Casino Hotel changed its name to The Hotel Atlantic Club Casino.
On the 13th of January, 2014, the casino shut its doors. Caesars Entertainment acquired the land, and Tropicana received all the gaming equipment. After all, the property was sold to TJM Properties in 2014 by Caesars Entertainment. As a non-gaming house, TJM has made arrangements to restore it.
The firm revealed that in 2017, another developer would buy the property and convert it into an indoor waterpark. Ultimately, funding for this initiative fell through.
In the next two years, some other transactions fell apart before TJM revealed that in October 2019, Colosseo by Colosseo Atlantic City Inc. acquired the property. With intentions to turn it into a non-gaming hotel. Many of those proposals are still a mystery.
The Trump Plaza
When it opened in May 1984, Harrah's at Trump Plaza was the largest casino in Atlantic City's history. It was a strategic collaboration between Donald Trump and Harrah's Holiday Inn gaming division, proposing 614 rooms and a 60,000-square-foot casino.
Harrah's said when Trump launched Trump Castle that it was a constitutional violation. Trump acquired Harrah's stake in the estate and renamed it Trump Plaza.
The land filed bankruptcy in 1992, and ownership was taken by Trump's publicly traded Trump Hotels & Casino Resorts, adding a new hotel tower by Trump in 1996.
The revamped Trump Entertainment Resorts revealed in 2011 that it was hoping to offload or seeking a partner for construction financing. The corporation was unable to locate an investor, and in September 2014, Trump Plaza closed down.