Buyer Acquires AC Casino

According to news reports, well-known gaming businessman Dennis Gomes has entered into an agreement that will allow him to acquire the Resorts Casino Hotel in Atlantic City.

Gomes ran Las Vegas casinos in the 1980s and 1990s before returning to Atlantic City, where he started his career. Gomes is acquiring the casino through Gomes Gaming, Inc., which he and his son run.

Gomes has an impressive list of casino experience. In Vegas, he ran the Dunes Hotel and the Golden Nugget. He returned to Atlantic City in the early 1990s to run Donald Trump’s Taj Mahal Casino. Gomes has also served as the head of the Atlantic City development company Aztar Corp. and is given credit for reviving the troubled Tropicana Atlantic City.

Throughout his 28-year gaming career, Gomes has managed 14 separate casinos (or hotel-casinos).

Casinos throughout Atlantic City are struggling like the Resorts Casino has been. The Resorts was the first casino licensed in Atlantic City when gaming returned to that market in the 1970s.

Gomes told reporters that his passion for Atlantic City has never faded and he believes that the area will come out strong in the future. The Resorts Casino has 942 hotel rooms, a 100,000-square-foot casino and more than 45,000 feet of convention center space.

It’s not known how much Gomes paid for the ailing property.