Atlantic Club gets new buyer
The casino was the first of four casinos to close its doors three years ago.
US.- Atlantic Club could reopen its doors after R&R Development Group reached an agreement to acquire the facility for unrevealed price. PokerStars tried to buy the gambling venue a couple of years ago, but the deal died in its early stages.
Despite being one of the popular casinos from Atlantic City, it’s supposedly not expected to reopen as a gambling facility again. According to the Associated Press, the group behind the acquisition is planning a water park on adjacent land. Furthermore, the company will remodel the casino that was built by Steve Wynn with plans to restore it to its original glory. Ronald Young, from R&R Development Group, said: “We are going to complement every casino here. People are going to love this.”
The reopening of the facility would become the third of five to do so in the last three years. Earlier this month it was reported that the Trump Taj Mahal will be acquired by Hard Rock International, after the current owner Carl Icahn expressed his intentions of ending his business in New Jersey. The casino is set to open some time next year.
