Resorts Casino Hotel new owners receive final regulatory approval

Resorts Casino Hotel new owners receive final regulatory approval

Known as the first Atlantic City casino and the first U.S casino to open outside Nevada, Resorts Casino Hotel was sold in December, 2010 after the former owner, Resort International, announced it wasn’t able to pay the mortgage for more than a year and surrendered the property to RAC Atlantic City Holdings L.L.C . The property was acquired by veteran gaming executive Dennis Gomes and financial backer Morris Bailey for $31.5 million. Property co-owner, Dennis Gomes has a long career in the casino industry, with management jobs at the Tropicana Casino and Resort, Trump Taj Mahal Casino and Resort, and the Golden Nugget in Las Vegas.

Under new ownership of DGMB Casinos, LLC,  Gomes and his staff re-branded the property and gave it a new identity based on a “Roaring ’20s” theme. The new owners also refurbished parts of the property to give it a 1920s appearance, including an Art Deco-style makeover for 480 hotel rooms in the Ocean Tower.  Gomes said the casino has plans to add new restaurants, fix its aging roof, and build a year-round glass-enclosed beach bar.

Located at the northern end of the famed Boardwalk in Atlantic City,  Resorts Casino Hotel features a 99,951-square foot casino with non-stop excitement and action 24 hours a day at more than 80 table games and more than 2,500 slot machines, plus a 1,350-seat showroom, a 300-seat theater, six restaurants, two VIP slot and table player lounges, an indoor-outdoor swimming pool, Boogie Nights dance club, two lounges, a salon, a health club and spa and retail shops. Resorts also offers approximately 39,000 square feet of convention facilities, including seven meeting rooms and a 13,000 square foot ballroom.

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