Quote:
Originally Posted by Lovesantiques
Sorry, I misread the original statement. Rumors of Showboat being closed or sold were going around. Not specifically the poker room, from what I recall.
Lee
Rumors are getting hotter. Players interviewed off camera on Fox29 Philly seem to think that sometime in September, after the summer season, is the potential closing date.
In lieu of the bankruptcy announcement by Revel and the notification of their employees with the 60 Day heads up of closure, look for a similar employee announcement in Mid-July.
Caesar's has to jettison some of its underperforming properties and unfortunately the Showboat because of Atlantic City's "too many casinos to support" is near the top of the list.
The momentum to shrink casino footage is kicking into high gear.
Caesar's moved their Atlantic Club property yesterday to the same hoteliers that took over the Claridge.