Tag: buy Atlantic City casino
Investors close to purchasing an Atlantic City casino
September 3, 2013
Press of Atlantic City – An investment group that combines Asian and American financing with one of Europe’s leading Internet gambling companies is close to buying an Atlantic City casino, the executive overseeing the negotiations says. The group, however, refuses to divulge any information about the casino other than to say it is on the Boardwalk. Nine casinos are located on the Boardwalk. Three more casinos are located in the city’s Marina District. London-based Internet company 2UP Gaming and MidOil USA say they have lined up $330 million in funding to buy and refurbish the casino. Asian financial backers are…