Atlantic Club Casino Hotel

Atlantic Club Casino Hotel
Atlantic City Hilton (the casino before The Atlantic Club.)
Location Atlantic City, New Jersey
Address Boston Avenue and the Boardwalk
Opening dateDecember 12, 1980
Closing dateJanuary 13, 2014; 10 years ago (January 13, 2014)
ThemeBeach Resort
No. of rooms801
Total gaming space75,374 sq ft (7,002.5 m2)
Signature attractionsThe Beach Bar
Notable restaurantsPatsy's Italian Restaurant
Simon AC
Casino typeLand-based
OwnerTJM Properties
Previous namesGolden Nugget (1980-1987)
Bally's Grand (1987-1996)
Atlantic City Hilton (1996-2011)
ACH Casino Resort (2011-2012)
Renovated in1997, 2012
Coordinates39.35039° N, 74.4505° W

The Atlantic Club Casino Hotel, formerly known as Golden Nugget, Bally's Grand, The Grand, Atlantic City Hilton and ACH, is an abandoned hotel and casino located at the southern end of the boardwalk in Atlantic City, New Jersey, owned and operated by Colony Capital. It was the city's first and only "locals casino". The Atlantic Club permanently closed on January 13, 2014, at 12:01 AM, largely as a result of dwindling casino visitors to Atlantic City due to increased competition in neighboring states. A third of Atlantic City's boardwalk casinos closed the same year, the others being Revel, Trump Plaza, and Showboat.[1] Redevelopment proposals include a water park.[2][3][4]

On November 6, 2013, Atlantic Club owner Resorts International Holdings, itself owned by Colony Capital, filed for chapter 11 bankruptcy protection[5] and a source revealed to the Wall Street Journal that a bankruptcy sale would occur.[6] On December 23, 2013, Federal Bankruptcy Judge Gloria M. Burns approved the sale of Atlantic Club to Caesars Entertainment Corporation and Tropicana Entertainment.[7] Tropicana acquired the gaming equipment and the data records of customers from Atlantic Club. Caesars acquired the real estate and non-gaming assets.[8][9] This returned ownership of the property to Caesars Entertainment, which sold it nine years before to Colony Capital as part of its acquisition by Harrah's Entertainment.[10]

  1. ^ "Thousands out of work in Atlantic City as big casinos shut doors". Atlantic City News. September 1, 2014. Retrieved September 1, 2014.
  2. ^ "Water parks planned at former Atlantic City boardwalk casino". NJ.com. Retrieved March 14, 2017.
  3. ^ "81,000-square-foot indoor water park approved for former A.C. casino site". NJ.com. Retrieved March 14, 2017.
  4. ^ "Former Atlantic City casino to be sold, become huge indoor water park". NJ.com. Retrieved March 14, 2017.
  5. ^ "Poker News: American Gaming Association Adds New Members and more". Retrieved December 31, 2013.
  6. ^ Patrick Fitzgerald And Peg Brickley (November 7, 2013). "Atlantic Club Casino Hotel Files for Bankruptcy". WSJ. Retrieved December 21, 2014.
  7. ^ "After Atlantic Club sale, who's next in A.C.?". Philly.com. Retrieved December 21, 2014.
  8. ^ "Demise of Atlantic Club may be felt most by workers". pressofAtlanticCity.com. Retrieved December 21, 2014.
  9. ^ "Caesars Entertainment Agrees To Acquire Non-Gaming Assets Of Atlantic Club in Bankruptcy Auction". Archived from the original on December 22, 2014. Retrieved December 21, 2014.
  10. ^ "Harrah's, Caesars Sign Agreement to Sell Four Casinos to Colony Capital". Archived from the original on March 7, 2014. Retrieved December 21, 2014.