Business

Firm eyes possible Showboat purchase

By Wayne Parry
Published September 5, 2014 9:54pm ET
Add Washington Examiner on Google
Firm eyes possible Showboat purchase
This July 23, 2014 photo shows the former Showboat Casino Hotel in Atlantic City, N.J. The casino, which closed on Aug. 31, 2014, is one of three potential locations in Atlantic City that a Florida company, Latitude 360, is considering for a $20 million non-gambling development. (AP Photo/Wayne Parry) | Wayne Parry

ATLANTIC CITY, N.J. (AP) — A Florida company that develops restaurant and entertainment complexes is interested in the former Showboat casino in Atlantic City.

Latitude 360, a Jacksonville company, said Friday the newly closed casino is one of three locations in Atlantic City it is considering for a $20 million project that would be paid for in conjunction with a financial partner. It would not involve gambling.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.