As of May 31st, 2020, Caesars Entertainment will be closing Caesars Casino in Atlantic City. This is due to the company’s bankruptcy and restructuring plan.
The closure will result in the loss of 1,500 jobs.
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The news of the closure came as a shock to many, as Caesars has been a staple in Atlantic City for decades. The casino has been through its UPS and downs, but has always managed to stay open.
PRO TIP:Given the current pandemic restrictions, the Caesars Casino in Atlantic City is temporarily closed until further notice. Be sure to check the casino’s website or social media accounts for updates on when it will reopen.
However, with the COVID-19 pandemic causing a decrease in tourism and revenue, Caesars Entertainment decided that it was time to close the casino.
This is a devastating blow to Atlantic City, which is already struggling economically. The loss of 1,500 jobs will only make things worse for the city.
It is unclear what will happen to the Caesars property once it closes, but it is sure to have a negative impact on the Atlantic City economy.
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