Report: Former Atlantic Club Casino Sold
Published reports say the former Atlantic Club Casino has been sold to a Pennsylvania-base real estate company.
The Press of Atlantic City reports the shuttered casino, with its 800 hotel rooms, has been sold to Endeavor Property Group, LLC, which specializes in senior citizen and residential housing projects. A price on the purchase from TJM Properties was not disclosed. The newspaper learned of the transaction through a filing with the Atlantic County Clerks Office.
The Atlantic Club Casino closed almost one year ago and has sat dormant at the south end of the Atlantic City Boardwalk since. A deed restriction on the property prevents it from operating as a casino.