Atlantic Club casino seeks bankruptcy protection - FOX 13 News

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 This material may not be published, broadcast, rewritten or redistributed.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>>

  • Shooting at NJ Transit station

    Shooting at NJ Transit station

    Friday, August 1 2014 6:36 AM EDT2014-08-01 10:36:28 GMT
    Police were investigating a shooting at the NJ Transit train station in Elizabeth, N.J. on Friday morning.  It apparently happened around 4:30 a.m. The victim was shot in the leg in an apparent robbery.
    Police were investigating a shooting at the NJ Transit train station in Elizabeth, N.J. on Friday morning.  It apparently happened around 4:30 a.m. The victim was shot in the leg in an apparent robbery.
  • New Jersey detective acquitted in Maryland highway shooting

    NJ detective acquitted in Md. highway shooting

    Thursday, July 31 2014 5:20 PM EDT2014-07-31 21:20:31 GMT
    A jury has found a New Jersey detective not guilty in the slaying of a driver during an alleged road-rage incident. Joseph Walker, 41, an investigator for the Hudson County, New Jersey, prosecutor's office, was found not guilty on all counts on Wednesday in Anne Arundel County Circuit Court. He had been charged with first-degree murder in the death of Joseph Harvey, 36, of Landsdowne.
    A jury has found a New Jersey detective not guilty in the slaying of a driver during an alleged road-rage incident. Joseph Walker, 41, an investigator for the Hudson County, New Jersey, prosecutor's office, was found not guilty on all counts on Wednesday in Anne Arundel County Circuit Court. He had been charged with first-degree murder in the death of Joseph Harvey, 36, of Landsdowne.
  • Man charged for the overdose death of Hillsborough resident on Christmas Eve

    Man charged for the overdose death of Hillsborough resident on Christmas Eve

    Thursday, July 31 2014 11:38 AM EDT2014-07-31 15:38:39 GMT

    A Bridgewater man has been charged with the death of a 22-year-old Hillsborough resident who overdosed on Heroin Christmas Eve morning, according to nj.com.

    A Bridgewater man has been charged with the death of a 22-year-old Hillsborough resident who overdosed on Heroin Christmas Eve morning, according to nj.com.

Powered by WorldNow

FOX 13 / WTVT-TV
3213 West Kennedy Blvd.
Tampa, Florida 33609
Main: (813) 876-1313
Newsroom: (813) 870-9630
Fax: (813) 871-3135

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