Atlantic Club Casino Transformation into Family Oriented Center
This Monday, R&R Development Group which is an acknowledged real estate developer, buys the illustrious Atlantic City Boardwalk gambling center building. The cost of the purchase remains undeclared. Are such changes prompted by the development of the online gambling domain in Canada? It can be one of the reasons for having inserted “online casinos Canada” in your search bar you‘ll be surprised by the abundance of offers.
This gambling spot possesses an interesting history. In 1980 the establishment was named Golden Nugget and became the part of the real estate ownership of the gambling grandee Steve Wynn. At that time it was the talk of the city for Wynn invited the best celebrities to visit the center. Among such guests were Frank Sinatra and Dean Martin in its most palmy days. In 2014 the casino was closed just like three other casino spots of the city.
Ronald Young who is a new owner of this resort has a lofty agenda for it. The real estate developer, Mr. Young manifests its readiness to invest 13.5 million in the new image of the former gambling center to make it a family orientated spot of a new generation. He announces that about 300 apartments of the hotel will be ready to take in guests before winter comes. A good beginning!
The direction of changes which are about to be implemented in the center is announced as the one chosen for the renewed Dolphin Village, the gambling house before the transformation. Parents and children will get the opportunity to visit a water park and many exciting attractions. Nothing will remind visitors of the center’s casino past. A go-cart track and an arcade of the center will become other most outstanding spots.
Though the current price Mr. Young paid to TJM Properties was not announced we can unveil the secret having reminded of the cost TJM Properties once paid to the Casino Caesars Entertainment which made up $13.5 million.
The Atlantic Club is not the first Broadwalk gambling complex undergoing a transformation. Some of them will remain, representatives of the sphere of gambling, others will become the establishments having nothing in common with it. The Showboat became a hotel previous year. The Revel casino which was bought by Glenn Straub, the real estate developer, will open its doors to the wide audience as a casino. Trump Taj Mahal (closed last October) was bought by Hard Rock International to attract even more gamblers as a renewed casino hub. The sphere does not fade. Canada is hands-down winner when it comes to the evaluation of the opportunities offered by domain with this number of outstanding facilities.Last update: 2019.03.01