"While we regret the impact that this decision will have on our Showboat associates, we believe this is a necessary step to help stabilize our business in Atlantic City and support the viability of our remaining operations in the vicinity,'' he said. ![]() 31.Ĭaesars Entertainment said Friday morning the company will shutter the poorest-performing of its four Atlantic City casinos.ĬEO Gary Loveman said in a statement that the "difficult decision'' is necessary to protect the rest of its business in Atlantic City, where it currently owns four of the 11 casinos. ![]() ![]() (CBSNewYork/AP) - Casino contraction hit Atlantic City again Friday, as the parent company of the Showboat Casino Hotel announced it will close the Mardi Gras-themed casino on Aug.
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