![]() But a competing deed restriction among casinos in the area prohibited the Showboat from being used as anything other than a first-class casino hotel. The company acted in the name of reducing competition in what it considered an oversaturated market, putting 2,000 workers out of jobs.Ĭaesars also placed a deed restriction on the Showboat, prohibiting a future buyer from reopening it as a casino. 31, 2014, the second of four Atlantic City casinos to close that year. “Having Bart and any other developers invest in Atlantic City during this crucial time will help us revitalize the city for many years to come.”Ĭaesars Entertainment closed the still-profitable Showboat casino-hotel on Aug. “Bart Blatstein continues to deliver on his promises for redevelopment and revitalization of Atlantic City,” Guardian said.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |