A widely circulated report is true. Showboat Casino is announcing today that it will become the 2nd Atlantic City Casino this year to close it's doors.
Atlantic City casinos posted another month of year-over-year revenue declines in March, but some gaming halls still managed to report impressive numbers.
The Tropicana Casino and Resort plans to carry out a $35 million renovation to its Atlantic City buildings, including a choreographed LED light show on its exterior.
Atlantic City's casino revenue has fallen below $3 billion for the first time in 22 years, as increasing competition in the northeastern U.S. continues to shrink the market.
The Atlantic Club Casino in Atlantic City, formerly the Golden Nugget, will be closing its doors for good on Jan. 13 after a ruling from a federal bankruptcy judge.