Golden Nugget Atlantic City
   HOME

TheInfoList



OR:

Golden Nugget Atlantic City is a
hotel A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a re ...
,
casino A casino is a facility for gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shops, cruise ships, and other tourist attractions. Some casinos also host live entertainment, such as stand-up comedy, conce ...
, and
marina A marina (from Spanish , Portuguese and Italian : "related to the sea") is a dock or basin with moorings and supplies for yachts and small boats. A marina differs from a port in that a marina does not handle large passenger ships or cargo ...
located in
Atlantic City, New Jersey Atlantic City, sometimes referred to by its initials A.C., is a Jersey Shore seaside resort city (New Jersey), city in Atlantic County, New Jersey, Atlantic County, in the U.S. state of New Jersey. Atlantic City comprises the second half of ...
. Having been opened in 1985 as Trump's Castle, it was renamed Trump Marina in 1997. Landry's, Inc. purchased the casino from Trump Entertainment Resorts in February 2011, and the sale was approved in late May. Landry's took control of the property on May 23, 2011 and renamed it the Golden Nugget Atlantic City.


Complex

The resort sits on a property and contains a casino; 717 guest rooms; seven restaurants; a nightclub; a 462-seat theater; a recreation deck with a health spa, outdoor heated pool, hot tubs, cabanas, tennis and basketball courts, and jogging track; of meeting and function space; a nine-story parking garage with direct walk-through into the complex; and the 640-slip Frank Farley Marina (a public facility owned by the New Jersey Division of Parks and Forestry and managed by Landry's). The Sportsbook is a
sportsbook A sportsbook is a venue where a gambler can wager on various sports competitions, such as golf, football, basketball, baseball, ice hockey, soccer, horse racing, greyhound racing, boxing, and mixed martial arts. The method of betting varies wit ...
at the resort that offers
sports betting Sports betting is the activity of predicting sports results and placing a wager on the outcome. Sports bettors place their wagers either legally, through a sportsbook or bookmaker (colloquially known as "bookies"), or illegally through priva ...
. The third level is the main area of the property. At its center is a long reception area from which point every amenity—the casino, ballrooms, restaurants, showroom, or meeting rooms—is within a short walk.


Entertainment

The resort's 2,000-seat ballroom and 462-seat theater have played host to a wide array of entertainers including
Prince A prince is a male ruler (ranked below a king, grand prince, and grand duke) or a male member of a monarch's or former monarch's family. ''Prince'' is also a title of nobility (often highest), often hereditary, in some European states. The ...
,
Frank Sinatra Francis Albert Sinatra (; December 12, 1915 – May 14, 1998) was an American singer and actor. Honorific nicknames in popular music, Nicknamed the "Chairman of the Board" and "Ol' Blue Eyes", he is regarded as one of the Time 100: The Most I ...
,
Johnny Cash John R. Cash (born J. R. Cash; February 26, 1932 – September 12, 2003) was an American singer-songwriter. Most of his music contains themes of sorrow, moral tribulation, and redemption, especially songs from the later stages of his career. ...
, Sting, Steve Martin,
Andy Williams Howard Andrew Williams (December 3, 1927 – September 25, 2012) was an American singer. He recorded 43 albums in his career, of which 15 have been gold certified and three platinum certified. He was also nominated for six Grammy Awards. He hos ...
,
The Beach Boys The Beach Boys are an American Rock music, rock band formed in Hawthorne, California, in 1961. The group's original lineup consisted of brothers Brian Wilson, Brian, Dennis Wilson, Dennis, and Carl Wilson, their cousin Mike Love, and their f ...
, Ray Charles,
Jerry Lee Lewis Jerry Lee Lewis (September 29, 1935October 28, 2022) was an American pianist, singer, and songwriter. Nicknamed "The Killer", he was described as "rock 'n' roll's first great wild man". A pioneer of rock and roll and rockabilly music, Lewis m ...
, Billy Crystal,
Perry Como Pierino Ronald "Perry" Como (; May 18, 1912 – May 12, 2001) was an American singer, actor, and television personality. During a career spanning more than half a century, he recorded exclusively for RCA Victor for 44 years, from 1943 until 1987 ...
, Peter Allen,
Connie Francis Concetta Rosa Maria Franconero ( ; born December 12, 1937), known as Connie Francis, is a retired American Pop music, pop singer, actress, and top-charting female vocalist of the late 1950s and early 1960s. She is estimated to have sold more th ...
, Air Supply and
Aretha Franklin Aretha Louise Franklin ( ; March 25, 1942 – August 16, 2018) was an American singer, songwriter and pianist. Honored as the "Honorific nicknames in popular music, Queen of Soul", she was twice named by ''Rolling Stone'' magazine as the Roll ...
. On Memorial Day weekend in 2013 Haven nightclub opened. Boxing and mixed martial arts matches are held at the casino.


Dining

* Chart House * The Buffet * The Deck Bayfront Bar & Restaurant * The Poolside Cafe * Vic & Anthony's * Michael Patrick's Brasserie * Dos Caminos * Lillie's Asian Cuisine * Bill's Bar & Burger


History


Trump's Castle (1985–1997)

The casino was built as the Atlantic City Hilton by Hilton Hotels, at a cost of $275 million. However, when the resort was nearly complete, that company was denied a gambling license by the State of New Jersey due to alleged ties to
organized crime Organized crime is a category of transnational organized crime, transnational, national, or local group of centralized enterprises run to engage in illegal activity, most commonly for profit. While organized crime is generally thought of as a f ...
and sold the complex to
Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45 ...
. It opened in 1985 as Trump's Castle, later rebranded slightly as Trump Castle. In 1988, the casino became one of the settings for the game show version of ''Yahtzee'', and in 1990 it was the setting for the game show '' Trump Card''. Revenues at Trump Castle took a sharp decline in 1990 due to competition from its newly opened sister property, Trump Taj Mahal, as well as broader economic factors such as the
Gulf War , combatant2 = , commander1 = , commander2 = , strength1 = Over 950,000 soldiers3,113 tanks1,800 aircraft2,200 artillery systems , page = https://www.govinfo.gov/content/pkg/GAOREPORTS-PEMD-96- ...
and the early 1990s recession. A payment to bondholders was made in December 1990 only with the help of a $3.5 million purchase of casino chips by Trump's father, Fred Trump, which was later determined to be an illegal loan, for which the casino paid a fine of $30,000. Unable to make its next payment on $338 million in bonds, the Castle began
debt restructuring Debt restructuring is a process that allows a private or public company or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continu ...
negotiations in May 1991. Hilton offered to repurchase the property for $165 million, which Trump rejected. A deal was ultimately reached to give the bondholders 50 percent ownership of the Castle, in exchange for reduced interest rates and forgiveness of $25 million of debt. The plan was filed as a
prepackaged bankruptcy Pre-packaged insolvency (a "pre-pack") is a kind of bankruptcy procedure, where a restructuring plan is agreed upon in advance of a company declaring its insolvency. In the United States pre-packs are often used in a Chapter 11 filing. In the Uni ...
in March 1992. Trump reacquired full ownership of the Castle in a refinancing deal in December 1993. He then sold the property in September 1996 to his new publicly traded casino company, Trump Hotels & Casino Resorts, for $130 million in stock plus $355 million in assumed debt. Trump then began negotiations to sell a 50 percent stake in the property to the Rank Organization for $325 million and convert it into a Hard Rock Hotel and Casino. Discussions fizzled in December 1996, and Trump said he would look for a new theme, saying he "never liked the castle theme." Trump next announced an agreement to sell a 51 percent stake in the Castle to Colony Capital for $125 million, which would be used to construct a new hotel tower and re-theme the property as Trump Marina. The sale and expansion were canceled, however, in March 1997.


Trump Marina (1997–2011)

The Castle was renamed Trump Marina in June 1997. Trump Entertainment Resorts agreed in May 2008 to sell Trump Marina for $316 million to New York-based Coastal Development, who planned to rebrand the property as a Margaritaville casino in partnership with singer Jimmy Buffett. Despite a later price reduction to $270 million, Coastal was unable to find financing, and the agreement was terminated in June 2009. Negotiations continued while Atlantic City casino values plunged, with Coastal offering $75 million for the property in February 2010, but no deal was reached. Bondholders who had taken over Trump Entertainment Resorts after its 2009 bankruptcy remained eager to sell Trump Marina and focus on the company's two other casinos.


Golden Nugget (2011–present)

Landry's purchased the property for $38 million, taking control on May 23, 2011, and renamed it the Golden Nugget Atlantic City. Landry's then spent $150 million on renovations that were completed in spring 2012, opening new restaurants and clubs and a new outdoor pool and modernizing the resort; the marina was also renovated. On December 16, 2013, the Golden Nugget launched a real-money online casino site. Despite its late entrance into the market relative to competitors, by 2017 the online site had grown substantially, becoming the first New Jersey online casino to offer 400 games and earning more revenues than any other New Jersey online casino each month since December 2016. The growth of Golden Nugget's online venture continued through 2018. The site consistently leads the market in revenues, and in March became the first U.S. legal online gambling site to offer 500 unique games. In June 2022, UNITE HERE Local 54, a union representing hospitality workers in Atlantic City, encouraged its members working in the casino industry to go on strike. This strike lasted for over a month and involved almost all of the city's gambling businesses, including Golden Nugget Atlantic City. On July 28, 2022, the Golden Nugget AC reached an agreement with the union promising higher wages, better healthcare and pension plans among other benefits. Golden Nugget was the last casino in Atlantic City to strike a deal with its employees after Tropicana,
Hard Rock Hard rock or heavy rock is a heavier subgenre of rock music typified by aggressive vocals and Distortion (music), distorted electric guitars. Hard rock began in the mid-1960s with the Garage rock, garage, Psychedelic rock, psychedelic and blues ...
, Caesars, and Borgata decided to sign the contracts. Ocean Casino Resort and Bally's also accepted these terms.


Radio transmitter

The roof of the Golden Nugget currently houses the transmitter tower and broadcast facilities of WWFP 90.5 FMMap of WWFP-FM Transmitter site
Yahoo Maps
which is licensed to Brigantine, New Jersey and is owned by the Calvary Chapel of Marlton. The station broadcasts a Christian music format. Formerly WWFP was used as a relay of Liberty University's WVRL in Elizabeth City, North Carolina.


See also

* Gambling in New Jersey * Golden Nugget Las Vegas * Golden Nugget Laughlin * Golden Nugget Lake Charles * List of tallest buildings in Atlantic City * List of integrated resorts


References


External links

* {{Atlantic City casinos Skyscraper hotels in Atlantic City, New Jersey Casinos in Atlantic City, New Jersey Boxing venues in Atlantic City, New Jersey Mixed martial arts venues in New Jersey Resorts in New Jersey Hotels established in 1985 1985 establishments in New Jersey Businesses of Donald Trump that went bankrupt Casino hotels in Atlantic City, New Jersey