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Caesars Closing Atlantic City Casino

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Atlantic City, UNITED STATES: The Showboat hotel in Atlantic City (photo: SAUL LOEB/AFP/Getty Images)

Atlantic City, UNITED STATES: The Showboat hotel in Atlantic City (photo: SAUL LOEB/AFP/Getty Images)

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(Las Vegas, NV) — Caesars Entertainment is shutting down its Showboat Atlantic City property.

The company blames “persistent declines in business levels in the area exacerbated by the high property-tax burden in Atlantic City”.

It’s scheduled to take effect August 31st.

Showboat employees will be given preference for jobs at Caesars’ three other affiliated Atlantic City properties.

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