Golden Nugget Atlantic City is embarking on a multimillion-dollar refurbishment of the Marina District property.
Owned and operated by billionaire Tilman Fertitta’s Houston-based Landry’s, officials with the Golden Nugget inwards Atlantic City announced in conclusion hebdomad that the resort’s about 700 hotel guestrooms are beingness refreshed. Saying the send off testament save “transformative hotel upgrades,” attribute General Manager Uncle Tom Pohlman revealed the investiture includes unexampled furnishings, fully remodeled bathrooms with glass-enclosed walk-in showers, and updated flooring corridors.
We are eager to set in motion this new, multi-phased hotel renovation projection for our Atlantic Ocean City gambling casino property,” said Pohlman. “We are excited to persist in to raise our holding and unveil a refreshed and elevated room mathematical product that guests testament enjoy.”
A discharge explained that the way renovations encompass numerous interior enhancements such as intriguer furniture and lounge seating area in “soothing electroneutral tones” and accent mark lighting scones. Bedside convenience installations are also planned, including integrated USB and USB-C outlets.
Marina Makeovers
Golden Nugget Atlantic City’s room renovations add up after the cassino updated several restaurant and meeting spaces.
The resort’s Chart House, one of Landry’s sumptuousness eatery brands, lately underwent a pattern refresh, and a Dos Caminos opened at the belongings last July. Golden Nugget’s encounter spaces, the casino’s give up added, were also recently upgraded.
Landry’s investments into its Golden Nugget Atlantic City destination, which opened as Trump’s Castle in 1985 and was later known as Trump Marina, comes after the casino’s II neighbors underwent major renovations.
MGM Resorts endure yr completed a $55 one thousand thousand makeover of Borgata that resulted inward the newly branded MGM Tower. The former Water Club inspection and repair coincided with the casino’s 20th anniversary.
Before the pandemic, Caesars Entertainment spent $80 one thousand thousand on updating Harrah’s. The more than 900 guestrooms and suites were refreshed inwards what was a much-needed update.
Golden Nugget Seeks Rebound
Golden Nugget is the leading iGaming manipulator inward New Jersey. Its online cassino platforms generated porcine gaming revenue (GGR) of about $524.8 million lowest year, or 27% of the $1.9 1000000000 that the niner casinos won online from interactive slots and tabularise games.
While its online trading operations make grown exponentially inward recent years, Golden Nugget’s brick-and-mortar business concern has suffered.
The Golden Nugget’s physical gambling casino trading floor reported GGR of most $219.7 million inward 2017 — the lowest yr before Hard John Rock and Ocean opened. The rivalry poached drama from the VII other casinos, including Golden Nugget, as the gambling casino reported 2019 GGR of $199 gazillion — a 9.4% reduction.
Retail spiel has farther dwindled at Golden Nugget. The cassino won $148.8 one thousand thousand inward 2022 and $146.1 zillion last year.
The Nugget’s overhaul could suggest that Fertitta has changed his stance on Atlantic City. In 2019, the billionaire said the town potential isn’t capable of supporting ix casinos.
It’s non a nine-casino market. I don’t infer wherefore nobody realizes that,” Fertitta said at the time.
Speaking of the Hard Rock and Ocean openings — formerly Trump Taj Mahal and Revel — Fertitta said those properties hired thousands of workers but “every other cassino has had layoffs. I don’t know how giving the net realise is.”
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