Caesars still owns three other casinos in Atlantic City
Showboat Casino closed yesterday
2014-09-01
Reading time 38 seg
(US).- The show is over for the Showboat Casino Hotel. The Mardi Gras-themed casino shut down yesterday after 27 years on the Atlantic City Boardwalk. Its owner, Caesars Entertainment, closed the still-profitable Showboat to reduce the number of casinos in Atlantic City, which has been struggling with plunging revenue and increased competition.
Caesars still owns three other casinos in Atlantic City. More than 470 of the Showboat’s 2,000-plus workers are transferring to other casinos the company owns in New Jersey and other states.
Showboat is one of three Atlantic City casinos shutting down over the next two weeks. Revel will begin a two-day closing today, and Trump Plaza is closing on September 16.
The Showboat opened on March 30, 1987, with the idea of taking the party atmosphere to a new level. It was designed as a New Orleans-style riverboat casino with a Mardi Gras theme. It even had a bowling alley for folks who needed a break from the slot machines and table games.
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