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Tag Archives: Showboat

US – Rutgers University report suggests cap on the number of Atlantic City casinos

Despite gaming revenues in Atlantic City increasing for 17 consecutive months, adding a new casino licence would actually be detrimental to the market, according to a Rutgers University report presented to a New Jersey state Assembly panel. Suggestions have been put forward to bring operations back to the Showboat, which currently operates as a non-gambling…

US- Deutsche Bank predicts more closures following Showboat announcement

Deutsche Bank believes that Atlantic City’s casino sector will be reduced from 11 to six casinos by 2017. The prediction followed the news that New Jersey’s Division of Gaming Enforcement had issued its final closing order for Showboat Atlantic City, which will end gambling operations at the end of August. The announcement that Showboat will…