Bally’s, Claridge merge

Dec 16, 2002 10:53 PM

   The Claridge Casino Hotel, a longtime gaming, formally joined Bally’s to create the largest casino resort in Atlantic City.

   “This merger completes the final phase of the strategic plan that we put into place when we acquired the Claridge in June 2001,” said Park Place Entertainment President and CEO Wallace Barr.

   “By joining the Claridge with Bally’s, we’ll be able to create an even better experience for our guests as we continue our efforts to realize significant cost savings,” Barr said.

   The merger was approved last week by the New Jersey Casino Control Commission and is scheduled to be completed by the end of this month.

   The Claridge Tower addition will offer its guests 1,753 hotel rooms, 21 restaurants, six lounges, two pools, 14 shops, a 550-seat theater, 17 bus bays and 3,993 parking spaces.

   The Claridge was physically connected to Bally’s Atlantic City last July with the opening of the $25 million Gateway expansion. The Gateway provides guests convenient access to casinos in both properties.

   Trop begins $16m project

   The Tropicana Casino and Resort has started its $16 million Boardwalk frontage project.

   The Press of Atlantic City reported that the Trop is renovating its Boardwalk façade to complement its Old Havana-themed $225 million expansion. The Marketplace, scheduled for completion in late February, will encompass 21,000 square feet. The improvements include a new “unique and innovative” slot area along with more than a half dozen restaurants and kiosks.

   “This is more exciting than the (tic-tac-toe playing) chicken,” said state Sen. William Gormley.

   The Trop is renovating the Boardwalk façade to complement its Old Havana-themed $225 million expansion across Pacific Ave.