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New Jersey Insider
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| Casino-Hotels
H-S |
|
Harrah's
Atlantic City Casino/Hotel |
| 777
Harrah's Boulevard |
| Atlantic
City, NJ 08401 |
| Phone:
(609) 441-5000 or (800) 242-7724 Fax: (609) 348-6057 |
| Web
Site: http://www.harrahs.com |
| Timothy
J. Wilmott, Division President |
|
| NJ
Employees: 3,500 |
| Hotel
Rooms: 1,174 |
| Convention
Space: 26,000 Sq. Ft. |
| Parking
Spaces: 2,400 |
| Table
Games: 97 |
| Slot
Machines: 2,524 |
| Rooms:
907 Price Range: $59-$225 |
| Suites:
267 Price Range: $79-$375 |
|
|
| One
of 2 casinos located in marina section, other TRUMP MARINA> Owned
by HARRAH'S ENTERTAINMENT, rated as most admired casino company in
America, according to 1999 Fortune Magazine annual survey, also
ranked third among most admired companies in nation's entire hotel,
casino and resort industry> Voted 'Best Overall NJ Casino' by
'Casino Player' magazine in 1999 survey, popular casino-hotel with
gamblers, particularly slots players, ranks first in percentage
return to players on slots wagers> Completed 1997 $80 million
expansion, planning additional $385 million expansion to add over
1,500 new rooms, additional casino and convention space, new
restaurants and entertainment facilities> Features 65-slip
marina; fitness center with indoor swimming pool; teen center with
game room; miniature golf course> Rated by Casino Player Magazine
in 2000 for 'Best Overall Hotel Casino', 'Best Rooms/Suites,' 'Best
Service,' 'Best Casino,' 'Best Slot Club,' 'Best Roulette'
"Best Keno,' "Best Casino Promotions,' "Best
Dealers," 'Best Comps,' 'Luckiest Casino,' 'Best Seafood
Restaurant,' "Best Buffet,' 'Best Coffee Shop,' 'Best
Hotel/Casino Bar'> Originally owned by Holiday Corp., parent of
Holiday Inn and Embassy Suites hotel chains, spun off in 1990
corporate restructuring as subsidiary of new corporation, Promus
Corp., which also later spun off 1996 casino operations as HARRAH'S
ENTERTAINMENT to split casino operations from non-gambling hotels
owned by Promus, other casinos include Lake Tahoe, Las Vegas,
Laughlin and Reno NV, also interests in riverboat and Indian
reservation casinos, and casino in New Zealand> Parent Harrah's
Entertainment also acquired April 1998 for $1.2 billion parent
company of SHOWBOAT CASINO-HOTEL in NJ, along with other Showboat
casino-hotel properties in Las Vegas, Chicago and Star City Casino
in Sydney, Australia> Harrah's Division President Timothy Wilmott
2001 chairman, CASINO ASSOCIATION OF NJ; serves on board, NJ CHAMBER
OF COMMERCE. |
| Resorts
Atlantic City Casino Hotel |
| Boardwalk
& North Carolina Avenue |
| Atlantic
City, NJ 08401 |
| Phone:
(609) 344-6000 Fax: (609) 340-7684 |
| Web
Site: http://www.resortsac.com |
| Nicholas
Ribis, Chairman & CEO |
|
|
NJ Employees: 3,800
|
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Hotel Rooms: 660
|
|
Convention Space: 60,000 Sq. Ft
|
|
Parking Spaces: 1,485
|
|
Casino Games: 64
|
|
Slot Machines: 2,150
|
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Rooms: 630 Price Range:
$99-$250
|
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Suites: 30 Price Range: $159-$500
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First
NJ casino-hotel opened May 26, 1978> Owned by Colony Capital
LLC, private real estate investment firm with over $6 billion in
assets and Nicholas Ribis, former CEO of TRUMP HOTELS &
CASINO RESORTS, since 2000 acquisition from SUN
INTERNATIONAL HOTELS LIMITED, previously owned until
1996 by Griffin Gaming and Entertainment chaired by entertainer
Merv Griffin> Completed $50 million redevelopment project
July 1999, includes newly remodeled guest rooms, 21 Jacuzzi
suites, 15 ocean-front supersuites; redesign of casino floor,
three new restaurants, new entrance,
hotel lobby, and opening of entertainment club> The
Theater showroom seats 1,350, hosts headliner entertainment,
shows and special events>
Following 1978 opening, one of most profitable
casino-hotels until financial difficulties caused by cost
overruns, construction delays on massive new Taj Mahal project
initially developed as second Resorts Atlantic City
casino-hotel> 1986 death of majority owner James Crosby led
to succession of outside takeover attempts, with DONALD
TRUMP acquiring major stock interest 1987> Merv Griffin
countered Trump offer for remaining shares 1988, ultimate
resolution led to Griffin acquiring Resorts, sale by Resorts of
Taj Mahal project to Trump, with Griffin operating Resorts until
1996 sale to Sun International.
|
| Sands
Hotel & Casino |
| Indiana
Avenue & Brighton Park |
| Atlantic
City, NJ 08401 |
| Phone:
(609) 441-4000 or (800) acsands |
| Web Site: http://www.acsands.com |
| Herbert
Wolfe President |
|
|
| NJ
Employees: 2,700 |
| Hotel
Rooms: 533 |
| Convention
Space: 0 Sq. Ft. |
| Parking
Spaces: 1,791 |
| Table
Games: 108 |
| Slot
Machines: 2006 |
| Rooms
475 Price Range: $90-$275 |
| Suites: 58
Price Range: $300-$475 |
|
| Only
casino-hotel to be initially developed and built by NJ-based group,
later acquired by Pratt Hotel Corp. of TX> Former parent company
Greate Bay Casino Corp. filed for bankruptcy protection January
1998, largest bondholder Carl Icahn acquired operating control
October 2000 of Greate Bay subsidiary GB Holdings in bankruptcy
reorganization with $65 million cash and issuance of $110 million in
new bonds to purchase 77% of equity of reorganized casino through
Cyprus LLC and Larch LLC, each wholly owned limited liability
corporations owned by Icahn, bid accepted by Court over competing
proposal by PARK PLACE ENTERTAINMENT, Icahn withdrew bid for control of neighboring CLARIDGE
CASINO HOTEL also in bankruptcy reorganization,
after reaching settlement with Park Place, led to 2001 approval of
Park Place
acquisition of Claridge> Icahn announced plan to build new
282- room hotel tower, expand casino and make other improvements> Herbert Wolfe named president
2002,
former president of SHOWBOAT
CASINO-HOTEL, also served earlier in
career as press secretary to Governor BRENDAN BYRNE and editor, THE
TIMES of Trenton. |
| Showboat
Casino-Hotel |
| 801
Boardwalk |
| Atlantic
City, NJ 08401 |
| Phone:
(609) 343-4000 Fax: (609) 343-4057 |
| Web Site: http://www.harrahs.com/tour/tour_sbo_atlanticcity.html |
|
Thomas O'Donnell Senior Vice
President/General Manager |
|
| NJ
Employees: 3,400 |
| Hotel
Rooms: 755 |
| Convention
Space: 45,336 Sq. Ft |
| Parking
Spaces: 3,500 |
| Table
Games: 100 |
| Slot
Machines: 3,700 |
| Rooms:
750
Price Range: $120-$170 |
| Suites:
70
Price Range: $200-$475 |
|
| Casino-hotel
opened 1987 at northern end of boardwalk, adjacent to TRUMP TAJ
MAHAL> Acquired April 1998 by HARRAH'S ENTERTAINMENT as part
of $1.2 billion purchase of all shares of former parent company,
Showboat, Inc., with other Showboat casino-hotels in Las Vegas,
Chicago and Star City Casino in Sydney, Australia> Upon 1987
opening, attempted blue-collar marketing program with bowling,
other promotions aimed at middle-income gamblers, later shifted
focus to higher-income markets, currently promotes Mardi Gras
and Dixieland theme in decor, entertainment, restaurants>
60-lane bowling center; health spa. |
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