Atlantic Club casino seeks bankruptcy protection

Atlantic Club casino seeks bankruptcy protection

Posted: Updated:
WAYNE PARRY | AP

ATLANTIC CITY, N.J. (AP) - Another Atlantic City casino has filed for bankruptcy protection. The Atlantic Club Casino Hotel says it will remain open as it seeks a buyer in bankruptcy court. It filed for Chapter 11 bankruptcy protection late Wednesday.

Formerly known as the Atlantic City Hilton, the casino has struggled in the city's cutthroat casino market. A deal to sell it to the world's largest poker website fell through earlier this year.

Atlantic Club COO Michael Frawley says the casino's strategy of offering low-priced gambling, food and entertainment has been working, but the market has not rebounded as fast as he hoped.

It joins Revel, the Tropicana and the Trump casinos among those who have sought bankruptcy protection in recent years.

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 This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey NewsMore>>

  • Wildlife volunteer pleads in deaths of 300 animals

    Wildlife volunteer pleads in deaths of 300 animals

    A longtime volunteer with a local animal protection organization in New Jersey has pleaded guilty to animal cruelty charges. Authorities say they found more than 300 dead birds and animals in the Little Silver home of the volunteer, 56-year-old Gretchen Rell.
    A longtime volunteer with a local animal protection organization in New Jersey has pleaded guilty to animal cruelty charges. Authorities say they found more than 300 dead birds and animals in the Little Silver home of the volunteer, 56-year-old Gretchen Rell.
  • Newark, Jersey City, Paterson

    3 New Jersey mayors announce joint anti-crime plan

    3 New Jersey mayors announce joint anti-crime plan

    Monday, July 28 2014 6:28 PM EDT2014-07-28 22:28:17 GMT

    The mayors of New Jersey's three largest urban areas said Monday they are looking at inter-city collaboration as a way to stem the flow of bloodshed on their streets. Newark Mayor Ras Baraka, Jersey City Mayor Steven Fulop and Paterson Mayor Jose Torres spoke mainly in generalities about the partnership, but said specifics would be hammered out at a mayors' roundtable that will convene in September.

    The mayors of New Jersey's three largest urban areas said Monday they are looking at inter-city collaboration as a way to stem the flow of bloodshed on their streets. Newark Mayor Ras Baraka, Jersey City Mayor Steven Fulop and Paterson Mayor Jose Torres spoke mainly in generalities about the partnership, but said specifics would be hammered out at a mayors' roundtable that will convene in September.


  • Massive brawl at NJ wedding

    Massive brawl at NJ wedding

    Monday, July 28 2014 2:24 PM EDT2014-07-28 18:24:34 GMT
    As many as 300 people became involved in a massive brawl at a New Jersey wedding hall that ended with two arrests on Sunday night.  Middletown police say that the fight broke out at about 10:30 p.m. at the Jacques Reception Hall on Palmer Ave. in Middletown.
    As many as 300 people became involved in a massive brawl at a New Jersey wedding hall that ended with two arrests on Sunday night.  Middletown police say that the fight broke out at about 10:30 p.m. at the Jacques Reception Hall on Palmer Ave. in Middletown.
Powered by WorldNow

4739 NW 53rd Avenue, Sutie B
Gainesville, FL 32653

Phone: (352) 371-0051

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