Posts By: WCRE

Caesars Entertainment to Invest $400M into its Atlantic City Resorts by 2023

Caesars Entertainment Inc. on April 20 released details about its $400 million master plan investment in Atlantic City, where it owns and operates three of the region’s casino destinations–Caesars, Harrah’s Resort and Tropicana Atlantic City. The plans include remodeled room towers, freshly appointed interior design elements; enhancements to the casinos’ gaming floors, new dining concepts… Read more »

Ocean Casino Resort Announces $15M Reinvestment

Ocean Casino Atlantic City NJ

Ocean Casino Resort doubles down on recent success with a reinvestment of $15 million into the resort, team members, and surrounding North Beach community. “Ocean’s interest in our people, product, and community is a testament to the progressive direction our property is moving toward as we enter into the summer months,” said Terry Glebocki, Chief Executive Officer for Ocean Casino Resort. “As… Read more »

Standard Acquires, Plans To Renovate Atlantic City Senior Housing Complex

Baltic Plaza Apartments Atlantic City NJ

In its first acquisition in New Jersey, the affordable-housing arm of Standard Cos. has purchased and will renovate Baltic Plaza Apartments, a 169-unit senior housing development in Atlantic City, in a $38 million deal.  Standard Communities, part of New York City-based Standard Cos., bought 1313 Baltic Ave. in partnership with the U.S. Department of Housing and Urban Development and… Read more »

Detroit’s Ilitch Family To Buy Stake in Ocean Casino in Atlantic City

Motorcity Hotel and Casino

An entrepreneurial Detroit family that owns the Little Caesars pizza chain as well as a casino in the Motor City plans to acquire up to 50% ownership in the Ocean Casino Resort in Atlantic City, the seaside New Jersey gambling mecca that’s the nation’s second biggest gaming market. Luxor Capital Group, a New York City… Read more »

Trump Plaza Imploded in Atlantic City

The congregation gathered early Wednesday at the Ducktown Tavern to deliver last rites for Trump Plaza, the once gilded, later decrepit former casino built by former President Donald Trump. In its final incarnation, 19 seconds of deliberate destruction, Trump Plaza took its place alongside Atlantic City’s most iconic symbols of failure, imploded during an Ash… Read more »

Trump Plaza to be demolished Feb. 17

Trump Plaza to be Demolished

When Mayor Marty Small Sr. gave his first State of the City address last year, he laid out a number of robust plans for the resort. The one that got the loudest applause and a standing ovation, he said, was the eventual demolition of the former Trump Plaza Hotel & Casino, marking the end of… Read more »

Atlantic City’s former Trump Plaza will be imploded on Feb. 17, mayor says

Even if it were not the former Trump Plaza, with its pending implosion a tempting symbolic echo of the end of its namesake presidency, people would be interested, Atlantic City Mayor Marty Small Sr. insisted Thursday. But interest has been off the charts, he said, from all over the globe. Officials reluctantly canceled a high-profile… Read more »

Atlantic City to Auction Chance to Blow Up a Trump Casino

Atlantic City to auction chance to blow up a Trump casino ATLANTIC CITY, N.J. (AP) — One of President Donald Trump’s former Atlantic City casinos will be blown up next month, and for the right amount of money, you could be the one to press the button that brings it down. The demolition of the… Read more »