In this week’s installment of Inside Gaming, a deal to sell the closed Atlantic Club falls through, New Jersey lawmakers continue to consider legislation to allow casinos outside of Atlantic City (with a certain Vegas mogul’s name being introduced into the mix), and the latest monthly report reflects an increase in gaming revenue in Nevada.
Atlantic Club Purchase Falls Through
The Atlantic Club was the first of four boardwalk casinos in Atlantic City to shut down during 2014, which means speculation about its future has now lasted nearly two years. Until this week it appeared as though current owners TJM Properties were on the verge of selling the property to the Pennsylvania-based Endeavor Property Group, but as the Associated Press reported earlier this week that deal has fallen through.