Good-bye Sands Casino
By
by Sherri Lilienfeld
For information on Atlantic City Properties please visit www.JerseyShoreDreams.com
It was a historic day in Atlantic City, NJ - the first East Coast casino implosion to take place started at 9:30 PM on October 18, 2007 with a wonderful display of fireworks. Approximately 7 minutes later, the Sands Casino building was gone.
Pinnacle entertainment is building a brand new mega casino/entertainment center at the site. It is the first major casino project on the boardwalk in 20 years. This project is just one of many major development projects happening in Atlantic City including MGM’s recent announcement to build a $5 billion hotel, gambling and entertainment complex next to the Borgata Casino and Resort in the Marina Section of Atlantic City, and the $2 billion mega casino being built next to Showboat by Morgan Stanley.
“The implosion is a milestone event in the history of Atlantic City and of Pinnacle Entertainment,” said Daniel R. Lee, chairman and chief executive officer of Pinnacle Entertainment. “Our plans can now move forward to develop a project that will help transform the Atlantic City gaming, hospitality and convention industry.”
If you are thinking of investing at the shore, have you considered Atlantic City? It has it all – beach, boardwalk, shopping, restaurants, entertainment AND offers all-year-round activities. It is one of the few communities that is still a great place to invest. All the “big guys” are betting on Atlantic City – why not you?
To find out about Atlantic City and other Jersey Shore vacation or investment opportunities contact Sherri Lilienfeld at Sherri@NJ-ShoreRealEstate.com or go to http://www.jerseyshoredreams.com/
