Owner Cancels Sale of Former Atlantic Club Casino

Written by:
Associated Press
Published on:
Mar/05/2019

ATLANTIC CITY, N.J. (AP) — The owner of the former Atlantic Club Casino Hotel in New Jersey has canceled a notice to sell the closed property to a Philadelphia-based company.


START YOUR OWN SPORTSBOOK FOR JUST A SMALL FEE PER WEEK PER PLAYER HERE

The Press of Atlantic City reports that real estate records show that the Feb. 19 filing voids a notice of a settlement filed in January.

Florida-based TJM Properties previously denied the sale, and a spokesman said he wasn't sure why the original notice was filed.

Neither TJM Properties nor the person listed as the buyer, Jeffrey Smolinsky of North American Acquisitions, responded to a request for comment.

TJM bought the casino from a Caesars Entertainment affiliate for $13.5 million in 2014.

Stockton University had announced plans to buy the property in August and demolish the casino and hotel, but negotiations failed to progress.

Gambling News

60 Minutes Looks at Legal Sports Betting in the US

60 Minutes Looks at Legal Sports Betting in the US

Sports gamblers will not want to miss 60 Minutes Sunday March 24 as the popular television news magazine will feature a segment on legalized sports betting in the United States.

Mississippi Casinos Continue Winning Streak

Mississippi Casinos Continue Winning Streak

The hot streak continues for Mississippi casinos, with gambling halls statewide posting another revenue increase in February.

What Sites Can I Bet Sports Online From California?

What Sites Can I Bet Sports Online From California?

You can bet sports online from California at BetOnline.

Is Draftkings Legal in Florida?

Is Draftkings Legal in Florida?

Draftkings is not licensed in Florida to take bets.  A number of other websites licensed outside the state do take bets from Florida residents however.

Is Draftkings Legal in Texas?

Is Draftkings Legal in Texas?

Draftkings is not licensed in Texas to take bets.  A number of other websites licensed outside the state do take bets from Texas residents however.

Syndicate