Judge approves Atlantic Club Casino shutdown - FOX 35 News Orlando

Judge approves Atlantic Club Casino shutdown

Posted: Updated:
WAYNE PARRY | AP

CAMDEN, N.J. (AP) - A federal bankruptcy court judge has approved the sale and shutdown of Atlantic City's Atlantic Club Casino Hotel.

Judge Gloria Burns approved a deal Monday that was reached last week in which two rival companies, Tropicana and Caesars, will buy the casino for $23.4 million and shut it down Jan. 13.

The Tropicana will take the slot machines and table games, while Caesars will get the 800-plus-room hotel.

Neither has any interest in operating the business in Atlantic City's now diminished market.

Atlantic City will have 11 casinos after the shutdown.

The Atlantic Club became the first Atlantic City casino to close due to the downward spiral touched off seven years ago by the arrival of casinos in neighboring Pennsylvania.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey NewsMore>>

  • Man charged for the overdose death of Hillsborough resident on Christmas Eve

    Man charged for the overdose death of Hillsborough resident on Christmas Eve

    Thursday, July 31 2014 11:38 AM EDT2014-07-31 15:38:39 GMT

    A Bridgewater man has been charged with the death of a 22-year-old Hillsborough resident who overdosed on Heroin Christmas Eve morning, according to nj.com.

    A Bridgewater man has been charged with the death of a 22-year-old Hillsborough resident who overdosed on Heroin Christmas Eve morning, according to nj.com.

  • East Hanover man admits exposing himself to child

    East Hanover man admits exposing himself to child

    Thursday, July 31 2014 11:34 AM EDT2014-07-31 15:34:55 GMT
    An East Hanover man previously convicted of child endangerment pleaded guilty Wednesday to exposing himself to another child on several occasions when she was between the ages of 4 and 6. Kenneth Lull, 48, who has been in jail since 2008, received a three-year suspended sentence under the plea agreement, according to NJ.com.
    An East Hanover man previously convicted of child endangerment pleaded guilty Wednesday to exposing himself to another child on several occasions when she was between the ages of 4 and 6. Kenneth Lull, 48, who has been in jail since 2008, received a three-year suspended sentence under the plea agreement, according to NJ.com.
  • FEMA chief questioned over Sandy claims

    FEMA chief questioned over Sandy claims

    Hurricane Sandy damage in Mantoloking, N.J.Hurricane Sandy damage in Mantoloking, N.J.
    The head of the Federal Emergency Management Agency has asked an independent watchdog to examine whether the flood-insurance program is shortchanging Superstorm Sandy victims.
    The head of the Federal Emergency Management Agency has asked an independent watchdog to examine whether the flood-insurance program is shortchanging Superstorm Sandy victims.
Powered by WorldNow

35 Skyline Drive
Lake Mary, FL 32746

Phone: (407) 644-3535
News Tips: (866) 55-FOX35

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices