Business

Caesars says will close Showboat casino on Aug. 31

By Wayne Parry
Published June 27, 2014 8:29pm ET
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Caesars says will close Showboat casino on Aug. 31
This Oct. 26, 2011 photo shows the Showboat Casino Hotel and its House of Blues nightclub in Atlantic City, N.J. A union official said on June 26, 2014 that a top executive of Showboat's parent company, Caesars Entertainment, revealed plans to issue notices to the casinos employees the next day warning that the Showboat could be shut down in 60 days. (AP Photo/Wayne Parry) | Wayne Parry

ATLANTIC CITY, N.J. (AP) — Casino contraction hit Atlantic City for the second time this year, as the parent company of the Showboat Casino Hotel announced Friday it will close the Mardi Gras-themed casino on Aug. 31.

Caesars Entertainment told The Associated Press on Friday morning the company will shutter the poorest-performing of its four Atlantic City casinos.

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