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ATLANTIC CITY — The owners of the closed Atlantic Club Casino Hotel said Monday they are close to reaching a deal with a buyer.:The Background Story. The Atlantic Club Casino is one of Atlantic City's original casinos. Originally opening in as Sands Resort, the casino – with the creative and strategic guidance of EFK – has been transformed into a gambling and entertainment destination favored by the locals for its' affordability, great food, low Missing: holidays. The Ultimate Holiday Outlet Sale at Gloucester Premium Outlets. Fri, Dec 15, Free. Dec 15 Free Admission Guest List - Pool After Dark Harrah's Atlantic City - Fridays. Fri, Dec 15, Free. Dec 15 At The Shore Wine Tasting Art Show. Wed, Feb 7, $25 in advance, $30 at the door. Dec The defunct Atlantic Club casino hotel in Atlantic City is back on the market after a plan to redevelop the property with a water park and other has reopened as a noncasino property, and another, the former Trump Taj Mahal, was bought by Hard Rock International, which plans a re-opening.
Resorts Casino & Hotel has the finest entertainment you'll find in Atlantic City! Check out our upcoming slate of revue shows and prepare to be amazed!:Get up to date with the latest Atlantic City special events at Resorts Casino Hotel. Enjoy AC like never to do in Atlantic City, NJ. Resorts Casino Hotel provides the most popular Atlantic City events, shows, nightlife, family events, and more. 'Tis the season to celebrate over-the-top ugly holiday sweaters! [+] See Details. The Atlantic Club was the first of four Atlantic City casinos to close in They were joined last October by the Trump Taj Mahal, which was bought last month by Florida-based Hard Rock International and is due for a summer reopening. The failure of Young's deal marked the second time in less. Visit the Golden Nugget resort and casino in Atlantic City.
Casino Connection Atlantic City Atlantic City Restaurant Week Mark your calendar for Atlantic City Restaurant Week from March 4 – 9, with prix-fixe lunch at $ and dinner at $ Casino Connection AC is a weekly online magazine focusing on gaming news, online gaming news.:Don Johnson won nearly $6 million playing blackjack in one night, single-handedly decimating the monthly revenue of Atlantic City's Tropicana casino. Not long before that, The marketers present casinos as glamorous playgrounds where workaday worries and things like morality, sobriety, and prudence are on holiday.
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We stood out from the crowd with headlines that everyone can relate too that was clever and truthful. Featured in restaurants, hotels, and inside the casino themselves, we push the budget-friendly value of a trip to the Atlantic Club. In a city full of bright lights, flashing ads, and signs for cheaper parking, we found a way for the Atlantic Club to stand out. Free parking, a family lifestyle, and quips that spoke to tourists were more effective than promising unlimited riches, champagne, and red carpet service.
So on several billboards and banners, we featured an honest portrayal and included promotional events to make consumers feel they could win and also have fun. Our voice for the Atlantic Club came to life in our television ads. Below are just two commercials that showed what the rest of us want in our vacation experience. To be spoiled, to gave a great meal, and to take a break from the mundane without having to give up your car, home, and first-born.
By highlighting what matters to the locals, we were able to significantly raise revenue and put a positive spin to affordability. Skip to main content. Services Provided We took a full approach to rebranding the Atlantic Club by hitting all the major channels. For the second time in as many years, a deal to convert a shuttered Atlantic City casino into a water park has dried up. A link has been posted to your Facebook feed.
Here, Sugar House patrons explain why they no longer drive to A. The company says the group, led by investor Ronald Young, failed to meet a Monday deadline to have its financing secured. State takeover helps AC turn the corner. But he said the company has numerous potential buyers for the property and hopes a new deal will be reached soon.
I'll do whatever it takes to make this deal. The Atlantic Club was the first of four Atlantic City casinos to close in They were joined last October by the Trump Taj Mahal, which was bought last month by Florida-based Hard Rock International and is due for a summer reopening. The failure of Young's deal marked the second time in less than two years that a deal to convert The Atlantic Club into a water park had dried up.
At the height of his hour blitz of the Tropicana casino in Atlantic City, New Jersey, last April, he was playing a hand of blackjack nearly every minute. Dozens of spectators pressed against the glass of the high-roller pit. Word spreads when the betting is that big. Johnson was on an amazing streak.
The towers of chips stacked in front of him formed a colorful miniature skyline. The basics of blackjack are simple. Almost everyone knows them. You play against the house. Two cards are placed faceup before the player, and two more cards, one down, one up, before the dealer. The goal is to get to 21, or as close to it as possible without going over. Scanning the cards on the table before him, the player can either stand or keep taking cards in an effort to approach His next two cards, surprisingly, were also both eights, so he split each again.
Johnson says he was once dealt six consecutive aces at the Mohegan Sun casino in Connecticut. He was neither nervous nor excited. He is a veteran player. Little interferes with his concentration. Whenever the racily clad cocktail waitress wandered in with a fresh whiskey and Diet Coke, he took it from the tray.
Arrayed on the table before him were the four eights. When his second hand was dealt a two, he doubled down on that, too. He drew a 10, so the two cards he was showing totaled This was a good bet: Johnson won all four hands. As another skyscraper of chips was pushed into his skyline, he signaled for the next hand. He was just getting started.
The headline in The Press of Atlantic City was enough to gladden the heart of anyone who has ever made a wager or rooted for the underdog:.
But the story was even bigger than that. Caesars had cut him off, he says, and then effectively banned him from its casinos worldwide. Fifteen million dollars in winnings from three different casinos? Nobody gets that lucky. How did he do it? The first and most obvious suspicion was card counting. Card counters seek to gain a strong advantage by keeping a mental tally of every card dealt, and then adjusting the wager according to the value of the cards that remain in the deck.
The tactic requires both great memory and superior math skills. Made famous in books and movies, card counting is considered cheating, at least by casinos. In most states but not New Jersey , known practitioners are banned. The wagering of card counters assumes a clearly recognizable pattern over time, and Johnson was being watched very carefully.
He had beaten the casinos fair and square. All of these gambling houses were already hurting, what with the spread of legalized gambling in surrounding states. By April, combined monthly gaming revenue had been declining on a year-over-year basis for 32 months. For most people, though, the newspaper headline told a happy story.
An ordinary guy in a red cap and black hoodie had struck it rich, had beaten the casinos black-and-blue. It seemed a fantasy come true, the very dream that draws suckers to the gaming tables. D espite his pedestrian attire , Don Johnson is no average Joe. For one thing, he is an extraordinarily skilled blackjack player. What gives Johnson his edge is his knowledge of the gaming industry.
As good as he is at playing cards, he turns out to be even better at playing the casinos. Hard times do not favor the house. Pennsylvania is likely to supplant New Jersey this year as the second-largest gaming state in the nation.
The new Parx racetrack and casino in Bensalem, Pennsylvania, a gigantic gambling complex, is less than 80 miles away from the Atlantic City boardwalk. When you add gaming tables or slots at a fancy new venue like Revel, or like the Borgata, which opened in , the novelty may initially draw crowds, but adding gaming supply without enlarging the number of customers ultimately hurts everyone. When revenues slump, casinos must rely more heavily on their most prized customers, the high rollers who wager huge amounts—tens of thousands or even hundreds of thousands of dollars a hand.
High rollers are lured with free meals and drinks, free luxury suites, free rides on private jets, and … more. The marketers present casinos as glamorous playgrounds where workaday worries and things like morality, sobriety, and prudence are on holiday.
He was the only Atlantic City casino executive who agreed to talk to me about Johnson. For the casino, the art is in telling the skilled whales from the unskilled ones, then discouraging the former and seducing the latter. The industry pays close attention to high-level players; once a player earns a reputation for winning, the courtship ends. The last thing a skilled player wants is a big reputation. Some wear disguises when they play.
But even though he has been around the gambling industry for all of his 49 years, Johnson snuck up on Atlantic City. To look at him, over six feet tall and thickly built, you would never guess that he was once a jockey. In his best years as a professional jockey, he was practically skeletal. He stood 6 foot 1 and weighed only pounds. He worked with a physician to keep weight off, fighting his natural growth rate with thyroid medication that amped up his metabolism and subsisting on vitamin supplements.
The regimen was so demanding that he eventually had to give it up. His body quickly assumed more normal proportions, and he went to work helping manage racetracks, a career that brought him to Philadelphia when he was about He was hired to manage Philadelphia Park, the track that evolved into the Parx casino, in Bensalem, where he lives today. Johnson was in charge of day-to-day operations, including the betting operation.
He started to learn a lot about gambling. It was a growth industry. He has served as a state regulator in Oregon, Idaho, Texas, and Wyoming. About a decade ago, he founded a business that does computer-assisted wagering on horses. The software his company employs analyzes more data than an ordinary handicapper will see in a thousand lifetimes, and defines risk to a degree that was impossible just five years ago.
Compared with horse racing, the odds in blackjack are fairly straightforward to calculate. Many casinos sell laminated charts in their guest shops that reveal the optimal strategy for any situation the game presents. More useful, for his purposes, is running a smaller number of hands and paying attention to variation. The way averages work, the larger the sample, the narrower the range of variation. A session of, say, hands will display wider swings, with steeper winning and losing streaks, than the standard casino charts.
He does not just walk into a casino and start playing, which is what roughly 99 percent of customers do. But the vast majority of players lose, and the longer they play, the more they lose. Because the casino values high rollers more than the average customer, it is willing to lessen its edge for them. Started working in newsrooms when I was 17 years old. Whenever Nicholas Huba posts new content, you'll get an email delivered to your inbox with a link. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
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Jobs Autos Real Estate. Close 1 of 3. Facebook Twitter Email Print Save. Atlantic Club Peregrine falcon female and foster chick. Guardian said there has been much debate over the future of the property. Never miss breaking news as it happens! Sign up now to receive alerts delivered to your inbox. Nicholas Huba Started working in newsrooms when I was 17 years old.
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