Atlantic Club Casino Entrance Collapses

Atlantic Club Casino Entrance Collapses The Atlantic Club Casino Hotel shut its doors for business on January 13, 2014, with the deserted building obviously having falled into decay after part of the ceiling in its entrance lobby collapsed, potentially posing a threat to public safety. Fortunately, the closed casino is situated in an area of the Boardwalk which doesn’t receive a lot of foot traffic, with the incident also having happened at around 4 o’clock in the morning.
The building’s owner, TJM Properties, has since removed the fallen debris, and pledged to make the necessary repairs by the weekend. Commenting on the situation, Dale Finch, Director of the Department of Licensing and Inspections, stated:
“We’ve sent construction code officials down there to inspect, but it appears to be cosmetic.”
In the meantime, the Atlantic Club Casino is likely to stay abandoned and disused for some time to come, after a proposal in April to turn the building into a water park and family resort fell through when potential purchaser R&R Development Group failed to secure the necessary financing for the project.
The Atlantic Club Casino is just one of five AC casinos which went out of business between 2013 and 2016, with other disused premises including the Trump Plaza Casino, and the Revel Casino. While the $2.4 billion Revel Casino, renamed TEN, has been maintained by its owner Glenn Straub, the same cannot be said for the Trump Plaza Casino located in a prominent position in Atlantic City, which is proving to be somewhat of an eyesore for the area’s numerous visitors and tourists.
Despite being located on one of Atlantic City’s most desirable plots of land, the property has failed to attract much interest from developers, though, as either demolishing or repurposing the dilapidated building is an expensive undertaking. Furthermore, casino operators are even more unwilling to take on such a project considering Atlantic City already has a crowded casino market, which is likely to become even more saturated after the Hard Rock Hotel and Casino Atlantic City opens for business in early 2018.

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