Atlantic Club Casino Sale Officially Canceled

Plans to sell the shuttered Atlantic Club Casino have fallen through once again.

The Atlantic Club Casino Hotel has been vacant since closing its doors in 2014. The Press of Atlantic City reports that the current owner has officially canceled the pending sale of the casino to a Philadelphia-based company.

The property of The Atlantic Club is owned by a Florida-based TJM properties.

Deals have fallen through before for property. A development group based in Ventnor wanted to turn the casino into a water park in 2017 and Stockton University in 2014 also showed interest in purchasing the property.

SOURCE: The Press of Atlantic City