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===Casinos and gambling=== The history of gambling in Atlantic City traces back to [[Prohibition in the United States|Prohibition]] and the 1920s, with racketeer [[Louis Kuehnle]] running an underground hotel and casino. [[Enoch L. Johnson|Enoch "Nucky" Johnson]] followed and furthered Atlantic City's rise through the [[Roaring Twenties]] as a destination for drinking, gambling, and nightlife.<ref name="Great.com">[https://great.com/en-us/atlantic-city-casinos-through-the-years/ Atlantic City Casinos Through the Years], Great.com. Accessed June 18, 2021.</ref> In 1974, New Jersey voters voted 60%β40% against legalizing casino gambling at four sites statewide, but two years later approved by 56%β44% a new referendum which legalized casinos, but restricted them to Atlantic City.<ref>via [[Associated Press]]. [http://209.212.22.88/data/RBR/1970-1979/1974/1974.11.06.pdf "Casino Gambling defeated by state and county voters"] {{Webarchive|url=https://web.archive.org/web/20130912152254/http://209.212.22.88/data/RBR/1970-1979/1974/1974.11.06.pdf |date=September 12, 2013 }}, ''[[Red Bank Register]]'', November 6, 1974. Accessed November 26, 2017.</ref><ref>via [[Associated Press]]. [http://209.212.22.88/DATA/RBR/1970-1979/1976/1976.11.03.pdf "Casino gambling OK'd"] {{Webarchive|url=https://web.archive.org/web/20130922055120/http://209.212.22.88/DATA/RBR/1970-1979/1976/1976.11.03.pdf |date=September 22, 2013 }}, ''[[Red Bank Register]]'', November 3, 1976. Accessed November 26, 2017.</ref><ref>[http://www.nj.gov/casinorevenue/overview/ Overview], Casino Revenue Fund Advisory Commission. Accessed November 26, 2017. "In 1974 the voters of New Jersey were asked to amend the State Constitution by allowing Casino gambling to be permitted in Atlantic City and elsewhere. The referendum was defeated by 60% of voters. On November 2, 1976, the voters were again asked to decide Public Question #1, an amendment to the Constitution authorizing casino gambling in Atlantic City only."</ref> [[Resorts Atlantic City]] was the first casino to open, in May 1978, with a ribbon-cutting ceremony featuring [[Governor of New Jersey]] [[Brendan Byrne]].<ref>Clarity, James F. [https://www.nytimes.com/1978/05/27/archives/its-place-your-bets-as-easts-first-casino-opens-its-place-your-bets.html "It's 'Place Your Bets' as East's First Casino Opens"], ''[[The New York Times]]'', May 27, 1978. Accessed November 26, 2017. "Legalized casino gambling began officially in Atlantic City today, with eager, but smaller-than-expected, crowds of bettors moving into the Resorts International hotel gaming mom and politicians predicting that golden days were coming for this once-prosperous, now-shabby resort town by the sea."</ref> Atlantic City is considered the "Gambling Capital of the East Coast", and currently has nine large casinos. In 2011, New Jersey's then 12 casinos employed approximately 33,000 employees, had 28.5 million visitors, made $3.3 billion in gaming revenue, and paid $278 million in taxes.<ref>[https://web.archive.org/web/20120704155635/http://www.americangaming.org/industry-resources/state-information/new-jersey New Jersey Commercial Casinos], [[American Gaming Association]], backed up by the [[Internet Archive]] as of July 4, 2012. Accessed April 25, 2016.</ref> They are regulated by the [[New Jersey Casino Control Commission]]<ref>[http://www.nj.gov/casinos/about/ About the Commission], [[New Jersey Casino Control Commission]]. Accessed August 23, 2013.</ref> and the [[New Jersey Division of Gaming Enforcement]].<ref name=DGE>[http://www.nj.gov/oag/ge/mission&duties.htm About the Division of Gaming Enforcement], [[New Jersey Division of Gaming Enforcement]]. Accessed August 23, 2013.</ref> In the wake of the economic downturn following the [[Great Recession]] and the legalization of gambling in adjacent and nearby states (including [[Delaware]], [[Maryland]], [[New York (state)|New York]], and [[Pennsylvania]]), four casino closures took place in 2014: the Atlantic Club on January 13; the [[Showboat Atlantic City|Showboat]] on August 31;<ref>via [[Associated Press]]. [http://www.app.com/story/news/local/new-jersey/2014/08/31/showboat-closing-years-atlantic-city/14898695/ "Showboat closing after 27 years in Atlantic City"], ''[[Asbury Park Press]]'', August 31, 2014. Accessed August 23, 2015.</ref> the [[Revel Atlantic City|Revel]], which was Atlantic City's second-newest casino, on September 2;<ref>Parry, Wayne via [[Associated Press]]. [http://www.seattletimes.com/business/24-billion-flop-atlantic-cityrsquos-revel-closes-after-2-years/ "$2.4 billion flop: Atlantic City's Revel closes after 2 years"], ''[[The Seattle Times]]'', September 1, 2014. Accessed August 23, 2015.</ref> and Trump Plaza, which originally opened in 1984, and was the poorest performing casino in the city, on September 16.<ref>Parry, Wayne via [[Associated Press]]. [https://www.thestar.com/business/2014/09/16/trump_plaza_worst_performing_casino_in_atlantic_city_goes_out_of_business.html "Trump Plaza, worst performing casino in Atlantic City, goes out of business"], ''[[Toronto Star]]'', September 16, 2014. Accessed August 23, 2014.</ref> Executives at Trump Entertainment Resorts, whose sole remaining property at the time was the Trump Taj Mahal, said in 2013 that they were considering the option of selling the Taj and winding down and exiting the gaming and hotel business.<ref>via [[Associated Press]]. [https://www.wsj.com/articles/SB10001424127887324162304578304451443668208 "Atlantic City's Trump Plaza Sold for $20 Million"], ''[[The Wall Street Journal]]'', February 14, 2013. Accessed October 30, 2015. "The sale leaves the company he once ran, Trump Entertainment Resorts, with just one casino, the Trump Taj Mahal Casino Resort. Mr. Griffin also said his company would consider selling the Trump Taj Mahal, if the price were right."</ref> Trump Taj Mahal closed October 10, 2016, after failing to come to terms with union workers.<ref>Tribune news services [http://www.chicagotribune.com/business/ct-trump-taj-mahal-closes-20161010-story.html Trump Taj Mahal closes after 26 years; nearly 3,000 workers lose jobs]</ref> [[Caesars Entertainment Corporation|Caesars Entertainment]] executives have been reconsidering the future of their three remaining Atlantic City properties (Bally's, Caesars and Harrah's), in the wake of a [[Chapter 11 bankruptcy]] filing by the company's casino operating unit in January 2015.<ref>via [[Reuters]]. [http://fortune.com/2015/01/15/caesars-files-chicago-bankruptcy-halted-by-delaware-judge/ "Caesars casinos files for bankruptcy"], ''[[Fortune (magazine)|Fortune]]'', January 15, 2015. Accessed October 30, 2015.</ref> In 2020, Bally's Atlantic City was acquired by [[Bally's Corporation]].<ref name="reviewjournal.com">{{Cite web|date=2020-11-18|title=Caesars closes Bally's Atlantic City sale to Rhode Island company|url=https://www.reviewjournal.com/business/casinos-gaming/caesars-closes-ballys-atlantic-city-sale-to-rhode-island-company-2186125/|access-date=2021-02-24|website=Las Vegas Review-Journal|language=en-US}}</ref> Gross gaming revenue of the city's nine operating casinos in 2022 totaled $2.79 billion, a 9% increase from the $2.55 billion earned the previous year.<ref>[https://www.njoag.gov/new-jersey-division-of-gaming-enforcement-announces-december-2022-total-gaming-revenue-results/ "New Jersey Division of Gaming Enforcement Announces December 2022 Total Gaming Revenue Results"], Office of the [[New Jersey Attorney General]], January 17, 2023. "Year-to-date Casino Win for the nine casino hotel properties was $2.79 billion, reflecting growth of 9.0% compared to $2.55 billion for the prior period."</ref> ====Current casinos==== {| class="wikitable sortable" style="text-align:center" |- !width=155|Casino !width=175|Opening date !Casino Operator ! width="165" |Theme !width=155|Hotel rooms<ref>[https://www.nj.gov/oag/ge/docs/Financials/QuarterlyFinRpt2019/1stQTR2019PressReleaseNarrativeandStats.pdf DGE Announces 1st Quarter 2019 Results], [[New Jersey Division of Gaming Enforcement]], May 22, 2019. Accessed August 8, 2019.</ref> !width=165|Section of city !width=165|Total Gaming Space |- | [[Resorts Casino Hotel|Resorts]]||May 26, 1978 |DGMB Casinos |[[Roaring Twenties]]||942|||Uptown|||100,000 sq ft |- | [[Caesars Atlantic City|Caesars]]<sup>a</sup>||June 26, 1979 |[[Caesars Entertainment]]||[[Roman Empire]]||1,141||Midtown|||145,000 sq ft |- | [[Bally's Atlantic City|Bally's]]<sup>a</sup>||December 29, 1979 |[[Bally's Corporation]]||Modern||1,214||Midtown|||225,756 sq ft |- | [[Harrah's Atlantic City|Harrah's]]||November 27, 1980 |[[Caesars Entertainment]]||Marina Waterfront||2,587||Marina|||160,000 sq ft |- | [[Tropicana Casino & Resort Atlantic City|Tropicana]]||November 26, 1981 |[[Caesars Entertainment]]||[[Old Havana]]||2,364||Downbeach|||125,935 sq ft |- | [[Golden Nugget Atlantic City|Golden Nugget]]||June 19, 1985 |[[Landry's]]||[[California Gold Rush|Gold Rush Era]]||717||Marina|||74,252 sq ft |- | [[Borgata]]||July 2, 2003 |[[MGM Resorts International|MGM Resorts]]||[[Tuscany]]||2,767||Marina|||161,000 sq ft |- | [[Hard Rock Hotel & Casino Atlantic City|Hard Rock]]||June 27, 2018 |[[Hard Rock International]]||[[Rock and roll]]||2,032||Uptown|||167,000 sq ft |- | [[Ocean Casino Resort|Ocean]]||June 27, 2018 |AC Beachfront, L.L.C.||Ocean||1,900||Uptown|||130,000 sq ft |- | Total || | || || 15,602 || || 1,144,943 sq ft |- |} :<sup>a</sup> The Wild Wild West Casino, which opened on July 2, 1997, and has an [[American frontier|American Old West]] theme, was part of Bally's Atlantic City until 2020, when it became part of Caesars.<ref name="reviewjournal.com"/> ====Renamed casinos==== {| class="wikitable sortable" style="text-align:center" |- !width=155|Casino !width=380|New Name |- | [[Atlantic Club Casino Hotel|ACH Casino Resort]] || [[Atlantic Club Casino Hotel]] |- | [[Golden Nugget Atlantic City|Atlantic City Hilton]] (Original) || Trump's Castle |- | [[Atlantic Club Casino Hotel|Atlantic City Hilton]] || [[Atlantic Club Casino Hotel|ACH Casino Resort]] |- | [[Atlantic Club Casino Hotel|Bally's Grand]]|| The Grand |- | [[Bally's Atlantic City|Bally's Park Place]] || Bally's Atlantic City |- | [[Sands Atlantic City|Brighton Casino]] || [[Sands Atlantic City]] |- | [[The Claridge Hotel (Atlantic City)|Del Webb's Claridge]] || [[The Claridge Hotel (Atlantic City)|Claridge]] |- | [[Atlantic Club Casino Hotel|Golden Nugget (Original)]] || Bally's Grand |- | [[Bally's Atlantic City|Park Place]] || Bally's Park Place |- | [[Trump Plaza Hotel and Casino|Harrah's at Trump Plaza]] || [[Trump Plaza Hotel and Casino|Trump Plaza]] |- | [[Trump World's Fair|Playboy Hotel & Casino]] || Permanent casino license denied; renamed Atlantis Casino |- | [[Atlantic Club Casino Hotel|The Grand]] || The Atlantic City Hilton |- | [[Golden Nugget Atlantic City|Trump's Castle]] || Trump Marina |- | [[Golden Nugget Atlantic City|Trump Marina]] || [[Golden Nugget Atlantic City|Golden Nugget]] |- | [[Revel Atlantic City]] || [[TEN Atlantic City|Ocean Casino Resort]] |- | [[Trump Taj Mahal Hotel & Casino|Trump Taj Mahal]] || [[Hard Rock Hotel & Casino Atlantic City]] |- |} ====Closed casinos==== {| class="wikitable sortable" style="text-align:center" |- !width=155|Casino !width=155|Opening Date !width=155|Closing Date !width=410|Status of Property |- | [[Trump Taj Mahal]]||April 2, 1990||October 10, 2016 || The casino shut down having failed to reach a deal with its union workers to restore health care and pension benefits that were taken away from them in bankruptcy court. Nearly 3,000 workers lost their jobs. Reopened in 2018 as the [[Hard Rock Hotel and Casino Atlantic City]]. |- | [[Trump Plaza Hotel and Casino|Trump Plaza]]||May 14, 1984 || September 16, 2014 || On February 15, 2013, Trump Entertainment Resorts announced that it intended to sell Trump Plaza to the Meruelo Group for $20 million, the lowest price ever paid for an Atlantic City casino.<ref>Wittkowski, Donald. [http://www.pressofatlanticcity.com/news/top_three/trump-plaza-hotel-and-casino-sold-to-california-company-for/article_dcb69502-76e8-11e2-9f0a-001a4bcf887a.html "Trump Plaza Hotel and Casino sold to California company for only $20 million"], ''[[The Press of Atlantic City]]'', February 15, 2013. Accessed October 30, 2015.</ref> [[Carl Icahn]], senior lender for Trump Plaza's mortgage, declined to approve the sale for the proposed price.<ref>Wittkowski, Donald. [http://m.pressofatlanticcity.com/news/top_three/carl-icahn-won-t-approve-sale-of-trump-plaza-for/article_6bf05244-abb4-11e2-97a7-0019bb2963f4.html?mode=jqm "Carl Icahn won't approve sale of Trump Plaza for $20M"] {{Webarchive|url=https://web.archive.org/web/20160304114444/http://m.pressofatlanticcity.com/news/top_three/carl-icahn-won-t-approve-sale-of-trump-plaza-for/article_6bf05244-abb4-11e2-97a7-0019bb2963f4.html?mode=jqm |date=March 4, 2016 }}, ''[[The Press of Atlantic City]]'', April 23, 2013. Accessed October 30, 2015.</ref> The casino was later demolished on February 17, 2021.<ref>{{Cite news|last=Tully|first=Tracey|date=2021-02-17|title=Watch the Trump Era in Atlantic City End With 3,000 Sticks of Dynamite|language=en-US|work=The New York Times|url=https://www.nytimes.com/2021/02/17/nyregion/atlantic-city-trump-plaza-implosion.html |archive-url=https://ghostarchive.org/archive/20211228/https://www.nytimes.com/2021/02/17/nyregion/atlantic-city-trump-plaza-implosion.html |archive-date=2021-12-28 |url-access=limited|access-date=2021-02-18|issn=0362-4331}}{{cbignore}}</ref> |- | [[Revel Atlantic City|Revel]]||April 2, 2012 || September 2, 2014 || [[Brookfield Asset Management]]'s winning bid of $110 million on September 30, 2014, for Atlantic City's Revel Casino Hotel, and the company's intention to operate it as a casino, generated some excitement, but the company backed out of this deal on November 19, 2014.<ref>Brubaker, Harold. [https://web.archive.org/web/20150215053315/http://articles.philly.com/2014-12-12/business/56959964_1_revel-ac-inc-revel-casino-hotel-dco-energy-l-l-c "Revel abandons Brookfield deal"], ''[[The Philadelphia Inquirer]]'', December 12, 2014. Accessed October 30, 2015. "U.S. Bankruptcy Judge Gloria M. Burns on Wednesday scheduled a hearing for that morning to consider Revel AC Inc.'s motion to terminate its agreement to sell its property to a subsidiary of Brookfield Asset Management Inc. for $110 million."</ref> In January 2018, it was announced that the property had been sold for $200 million.<ref>Palmieri, Christopher. [https://www.bloomberg.com/news/articles/2018-01-08/atlantic-city-s-failed-revel-casino-sells-for-200-million "Atlantic City's Failed Revel Casino Sells for $200 Million"], [[Bloomberg News]], January 8, 2018. Accessed September 14, 2018.</ref> It reopened as the [[Ocean Resort Casino]] in June 2018. |- | [[Showboat Atlantic City|Showboat]] || April 2, 1987 || August 31, 2014|| On December 13, 2014, Stockton University purchased the property for $18 million with the intent of turning it into an Atlantic City campus. However, a preexisting [[Covenant (law)|covenant]] required the property to operate as a casino. Stockton entered an agreement providing Glenn Straub with an option to purchase the property, which was not exercised.<ref>via [[Associated Press]]. [http://www.washingtontimes.com/news/2015/aug/10/judge-contract-between-stockton-straub-properly-te/ "Judge: Stockton can find another buyer for Showboat"], ''[[The Washington Times]]'', August 10, 2015. Accessed October 30, 2015.</ref> Stockton subsequently sold the property to developer Bart Blatstein in January 2016 for $23 million.<ref name=lai>Lai, Jonathan. [https://web.archive.org/web/20160306231009/http://articles.philly.com/2016-01-17/news/69818812_1_showboat-bart-blatstein-atlantic-city "Stockton completes Showboat sale to Blatstein"], ''[[The Philadelphia Inquirer]]'', January 17, 2016. Accessed June 23, 2016. "The Philadelphia-based developer Bart Blatstein bought the property for $23 million, inheriting a legal mess but clearing Stockton to move forward with other plans."</ref> The building was reopened in July 2016 as a non-casino hotel. |- | [[Atlantic Club Casino Hotel|Atlantic Club]]||December 12, 1980||January 13, 2014||Building and contents sold to [[Caesars Entertainment Corporation]]. Slots and tables sold to [[Tropicana Casino & Resort Atlantic City]]. |- |[[Trump Marina]] |June 19, 1985 |May 23, 2011 |Building sold to [[Landry's, Inc.]] in February 2011, sale approved in May and Landry's took control on May 23 of that year and renamed it the Golden Nugget Atlantic City. |- | [[Sands Atlantic City|Sands]] || August 31, 1980 || November 11, 2006|| Building demolished in 2007. The site is now an empty lot after a proposal estimated at up to $2 billion by Pinnacle Entertainment for a casino on the site did not move forward.<ref>Staff. [http://usatoday30.usatoday.com/travel/hotels/2007-10-19-sands-implosion_N.htm "Sands casino in Atlantic City imploded"], ''[[USA Today]]'', October 19, 2007. Accessed October 30, 2015. "It took less than 20 seconds for the 21-story, 500-room tower where Frank Sinatra once held court to come crashing to the ground shortly after 9:30 p.m. in the first implosion of an East Coast casino. The demolition makes way for a mega-casino to be built on the Sands site by Pinnacle Entertainment at an estimated cost of $1.5 billion to $2 billion."</ref> |- | [[The Claridge Hotel (Atlantic City)|Claridge]] || July 20, 1981 || December 30, 2002 || Now operating as an independent non-casino hotel. |- | [[Trump World's Fair]]|| May 15, 1996 || October 3, 1999 || Building was demolished and replaced by new strip stores.<ref>Staff. [https://www.nytimes.com/1999/07/10/nyregion/trump-planning-to-demolish-world-s-fair-casino-in-atlantic-city.html "Trump Planning to Demolish World's Fair Casino in Atlantic City"], ''[[The New York Times]]'', July 10, 1999. Accessed October 30, 2015. "Donald J. Trump plans to demolish his World's Fair casino in Atlantic City around the end of the year and may build a 4,000-room, $750 million gambling complex in its place, officials of his development company said yesterday."</ref> |- | [[Trump World's Fair|Atlantis Casino]]|| April 14, 1981 || July 4, 1989 || Originally opened by Playboy Enterprises, which was found unsuitable for licensure, Playboy casino closed and then reopened by Elsinor Corporation as the Atlantis. In 1989 the Casino Control Commission revoked Atlantis' license and property sold to become [[Trump World's Fair]] an extension of the Trump Plaza. |- |} ====Cancelled casinos==== {| class="wikitable sortable" style="text-align:center" |- !width=155|Casino !width=410|Status of Property |- | [[Camelot Hotel/Casino|Camelot]] || Cancelled; currently an empty lot |- | [[Dunes Hotel and Casino (Atlantic City)|Dunes Atlantic City]] || Never completed; now an empty lot |- | [[Golden Nugget Atlantic City|Hilton (Original)]] || Casino license denied; current site of [[Golden Nugget Atlantic City]] |- | Le Jardin || Cancelled; currently [[Borgata]] |- | [[Golden Nugget Atlantic City|Margaritaville Marina Casino]] || Cancelled; current site of [[Golden Nugget Atlantic City]] |- | Mirage Atlantic City || Cancelled; currently [[Borgata]] |- | MGM Grand Atlantic City || Cancelled; currently an empty lot |- | [[Penthouse Boardwalk Hotel and Casino|Penthouse Casino]] || Never built; currently an empty lot |- | [[Trump Taj Mahal|Resorts Taj Mahal]] || Cancelled; current site of [[Hard Rock Hotel and Casino Atlantic City]] |- | [[Sahara Boardwalk Hotel and Casino|Sahara Atlantic City]] || Cancelled; now a parking lot |}
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