Why Did the Showboat Casino Close?

The Showboat casino in Atlantic City, New Jersey, closed its doors for good on August 31, 2014. The decision to close the casino came after a long decline in business.

Showboat was once one of the most popular casinos in Atlantic City, but it had been struggling for years. The casino was owned by Caesars Entertainment, which decided to close it down in order to focus on its other properties in the city.

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The Showboat casino opened in 1987 and was originally owned by Donald Trump. It was one of the first casinos to open in Atlantic City after gambling was legalized in the state. The casino quickly became popular, but it began to decline after the opening of the Trump Taj Mahal in 1990.

PRO TIP:The Showboat Casino was forced to close due to the Atlantic City gaming regulations, which require each casino to be no less than 500 feet away from another casino. This regulation was implemented in order to create a more competitive environment in Atlantic City for casinos, and as such, the Showboat was unable to compete with its closer competitors.

The Showboat continued to struggle in the early 2000s when several other casinos opened in Atlantic City. Business at the Showboat continued to decline, and Caesars Entertainment decided to close it down.

Many people have speculated about why the Showboat casino closed. Some believe that Caesars Entertainment simply wanted to focus on its other properties in Atlantic City.

Others believe that the Showboat was not generating enough revenue to justify its continued operation. Whatever the reason, the Showboat is now closed and will likely never reopen again.