The Showboat and Revel Casinos in Atlantic City shut their doors for the final time over Labor Day weekend. (Image: CapitalOTC.com)
It was the end of the road for Revel and Showboat this weekend once the two Atlantic City casinos shut their doors for good. For casinos in this seaside resort town, Labor Day is generally a celebratory time associated with the year. The standard ‘end of summer’ in the usa, the three-day weekend ought to be a booming time for the brand new Jersey gambling hub, as both gamblers and tourists may come to enjoy a three-day weekend and some beach weather that is great.
But for these two casinos within the beleaguered city, this year’s Labor Day weekend marked the final curtain. The Showboat Casino ended a 27-year run in Atlantic City on Sunday, while the Revel began their two-day shutdown on Monday. The two closures brings the amount of casinos into the city down seriously to nine, lots that will drop to eight once the Trump Plaza resort closes later this month.
Showboat Closed Despite Staying Successful
The Showboat Casino Hotel had been one of four casinos in Atlantic City owned by Caesars Entertainment (Bally’s Atlantic City, Caesars Atlantic City and Harrah’s Resort Atlantic City being the other three), and also for the company, that has been just one single too many within the shrinking market. They hope that closing one casino shall gain the remaining three. But that doesn’t sit we (more…)