Misplaced Pages

Golden Nugget Atlantic City

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

Golden Nugget Atlantic City is a hotel , casino , and marina located in Atlantic City, New Jersey . 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.

#955044

35-423: The resort sits on a 14.6 acres (5.9 ha) property and contains a 74,252 sq ft (6,898.2 m) casino; 717 guest rooms; seven restaurants; a nightclub; a 462-seat theater; a 16,920 sq ft (1,572 m) recreation deck with a health spa, outdoor heated pool, hot tubs, cabanas , tennis and basketball courts, and jogging track; 50,922 sq ft (4,730.8 m) of meeting and function space;

70-722: A "Landshark Surfshack Retail Shop" , opened May 17, 2011, at the Myrtle Beach SkyWheel attraction. Mexico's retail locations are in Cancun and Cozumel . Canada's retail location is in Niagara Falls , Ontario. Caribbean retail locations in the British West Indies are in Montego Bay (including two "Air Margaritaville" locations at Sangster International Airport ), Negril and Ocho Rios on

105-748: A 450-foot lazy river, lounge pool, water slides, water ropes course, and a swimup bar. The Margaritaville Island Hotel opened in Pigeon Forge, Tennessee in 2015, followed by the Margaritaville Island Inn in 2017. The Margaritaville Resort opened in Gatlinburg, Tennessee , in 2018. Margaritaville Lake of the Ozarks opened in the Spring of 2019 and offers a wide variety of bars, restaurants, water activities, golf, etc.- all right on

140-579: 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

175-710: A Brazilian company bought 12 Margaritaville restaurants and the rights to expand the company in the U.S. In 1985, singer Jimmy Buffett opened his first successful "Margaritaville" retail store in Key West, Florida, following a failed Margaritaville in Gulf Shores, Alabama . In 2002, he expanded his business ventures by partnering with Outback Steakhouse to develop the first Cheeseburger in Paradise restaurant in Southport, Indiana . In late 2006, Buffett announced on

210-474: A Margaritaville Casino as part of a $ 250 million project that would also add a 22-story, 500-room luxury tower to the existing facility. Latitude Margaritaville is a $ 1 billion retirement village in Daytona Beach, Florida . The project is a joint venture between Minto Communities and Buffett's Margaritaville Holdings, with the development being built on land close to LPGA Boulevard and about

245-501: A Tropical NYC atmosphere and a 50-foot replica of the Statue of Liberty holding a Margarita. The resort also features New York's only year-round outdoor pool on one of its decks. In April 2023, Newport , Kentucky's Board of Commissioners, revealed that a new Margaritaville Resort Project has officially gotten the go-ahead from Newport City Commissioners. Plans now call for the resort, which includes 264 hotel rooms, three restaurants, and

280-653: A few years later in September 2014. A Margaritaville resort opened on Highway 90 at the location of the old Grand Casino. This new resort does not have a casino. Nassau Bahamas Margaritaville Resort and One Particular Harbour Airport Lounge Restaurants As of February 2020, United States retail store locations are in Key West ; New Orleans ; Orlando ; Las Vegas; Myrtle Beach ; Glendale (state not listed); Panama City Beach, Florida ; Mohegan Sun; Honolulu ; Pensacola Beach; Nashville; and Chicago . The newest concept,

315-526: 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

350-654: A mile to the west from Interstate-95 . Phase one of the community will have 400 homes with a potential of 6,900 homes once the project is completed. As of March 2018, 250 lots have been sold with prices between the low $ 200,000s to the mid $ 300,000s. The community will have a pet salon, grocery store, and a private beach when it opens in April 2018. Since opening in Daytona, two other locations have been announced: Latitude Margaritaville Hilton Head, South Carolina, and Latitude Margaritaville Watersound, Florida. Hilton Head offers

385-527: A multimillion-dollar refit in 2022. Many of the ship's interiors and venues were rebranded to match the Margaritaville brand and décor. It currently operates 3 day/2 night cruises from the Port of Palm Beach to Grand Bahama Island. Margaritaville is featured in the 2015 film Jurassic World as one of the restaurants in the fictional theme park, with Buffett himself making a cameo appearance as one of

SECTION 10

#1732772048956

420-516: A new hotel tower and re-theme the property as Trump Marina. The sale and expansion were canceled, however, in March 1997. 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

455-575: 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 at the resort that offers sports betting . The third level is the main area of the property. At its center is a 210 ft (64 m) long reception area from which point every amenity—the casino, ballrooms, restaurants, showroom, or meeting rooms—is within

490-408: 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

525-610: A rooftop pool, to be built and opened to guests in 2026. Margaritaville opened its first adults-only all-inclusive resort in Riviera Maya in June 2023. In 2011, the Las Vegas Margaritaville at Flamingo Las Vegas expanded to include a 15,000 sq ft (1,400 m ) Margaritaville-branded casino. The casino opened October 1, 2011, operating until 2018. The restaurant closed on May 30, 2024. On June 22, 2011, Paradise Casino LLC unveiled plans for

560-473: A short walk. The resort's 2,000-seat ballroom and 462-seat theater have played host to a wide array of entertainers including Prince , Frank Sinatra , Johnny Cash , Sting , Steve Martin , Andy Williams , The Beach Boys , Ray Charles , Jerry Lee Lewis , Billy Crystal , Perry Como , Peter Allen , Connie Francis , Air Supply and Aretha Franklin . On Memorial Day weekend in 2013 Haven nightclub opened. Boxing and mixed martial arts matches are held at

595-434: A wide range of home designs and floor plans. Amenities will include a resort-style pool, fitness center, social hall, game and hobby rooms, arts and learning programs, indoor and outdoor dining with signature Margaritaville food and beverage concepts, tennis and pickleball courts, and a 290,000-square-foot Margaritaville retail center. Phase one is currently underway with 203 home sites. Current plans call for 3,000+ homes once

630-521: Is a type of shelter often found near beaches or pools. A cabana can be used to relax in the shade or change clothes. A cabana bathroom is a bathroom attached to a building or a house that is commonly used by swimmers and beachgoers. Jimmy Buffett%27s Margaritaville Jimmy Buffett's Margaritaville is a United States–based hospitality company that manages and franchises a casual dining American restaurant chain , retail stores selling Jimmy Buffett -themed merchandise, and hotels. The Brand

665-653: Is named after Buffett's hit song " Margaritaville " and is owned by Margaritaville Holdings LLC (a subsidiary of Cheeseburger Holding Company, LLC ). There are locations in the United States, Canada, and Mexico, six island locations throughout the Caribbean as well as in Sydney, Australia , since September 2012. Some locations are franchise-owned, such as the Caribbean, Australian, and Mexican locations. In 2014,

700-428: Is on over 800 feet of gulf-front property. An additional 800 feet overlooks the bay. The beachfront hotel features 'barefoot elegance' with 162 guest rooms, including 24 corner rooms with wrap-around balconies. Future phased plans include an adjacent free-standing Margaritaville Cafe restaurant and a bayside waterpark. Plans for a second and third Margaritaville Beach Hotel were announced in 2010. The second, still in

735-820: The Margaritaville Resort Casino to be built in Bossier City, Louisiana . The complex, a $ 170 million, 400-room resort, would include an 18-story hotel tower, a 1,000-seat entertainment complex with a VIP balcony, and an outdoor tropical area visible to the north from the Louisiana Boardwalk . In March 2013, the Muscogee (Creek) Nation announced that its River Spirit Casino on the Arkansas River in Tulsa would become

SECTION 20

#1732772048956

770-622: 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 , Caesars , and Borgata decided to sign the contracts. Ocean Casino Resort and Bally’s also accepted these terms. The roof of the Golden Nugget currently houses

805-576: The Lake. It has a large outdoor pool, tiki bar, marina, an indoor waterpark, and even horseback riding. In late 2020, Margaritaville Resort Palm Springs opened in California, becoming the first location on the West Coast. In spring 2021, Margaritaville Resort Times Square, New York, opened. The resort is the northernmost resort in the chain, and it opened alongside five restaurants. It features

840-540: The U.S. recession, however, construction of the casino ceased on June 10, 2008. On January 12, 2011, following the announcement of the new partnership between MVB Holdings and the Brosig, Sekul, and Sims families, for the differently planned Biloxi, Mississippi , casino, John Payne, Caesars Entertainment Corp. central division president, stated, "We are disappointed that our project with Margaritaville will not proceed." This casino eventually opened in May 2012, then closed

875-509: 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 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

910-543: The casino. 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 and sold the complex to Donald Trump . It opened in 1985 as Trump's Castle, later rebranded slightly as Trump Castle. In 1988, the casino became one of

945-495: The community is complete. Latitude Margaritaville Watersound broke ground in 2019 and will be the third of the communities to be developed. On December 8, 2021, it was announced that a partnership was reached with Bahamas Paradise Cruise Line and Margaritaville. The cruise line was rebranded as Margaritaville at Sea, and the line's sole ship, the Grand Classica was renamed as Margaritaville at Sea Paradise following

980-505: The company's two other casinos. 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

1015-421: 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 negotiations in May 1991. Hilton offered to repurchase the property for $ 165 million, which Trump rejected. A deal was ultimately reached to give

1050-707: The island of Jamaica ; Grand Turk in the Turks and Caicos Islands ; and George Town, Grand Cayman in the Cayman Islands . In St. Thomas, Virgin Islands , and Rio Grande, Puerto Rico , are vacation clubs operated by Margaritaville. On June 28, 2010, the Margaritaville Beach Hotel (pictured to the right) opened on Pensacola Beach. The former site of a Holiday Inn , destroyed by Hurricane Ivan on September 16, 2004, Margaritaville Hotel

1085-438: 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,

Golden Nugget Atlantic City - Misplaced Pages Continue

1120-744: The planning stages, would be located in Myrtle Beach . The 349-room Margaritaville Hollywood Beach Resort opened in 2015 in Hollywood, Florida . In Early 2016, Margaritaville Resort Biloxi in South Mississippi opened. The building was the Casino Magic, which Hurricane Katrina destroyed. Margaritaville Biloxi has a 55,000 sq. ft. arcade with over 200 games for kids and adults. Along with 271 hotel rooms, Margaritaville in Biloxi has

1155-460: 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 and the early 1990s recession . A payment to bondholders was made in December 1990 only with

1190-596: The transmitter tower and broadcast facilities of WWFP 90.5 FM 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 . 39°22′43″N 74°25′45″W  /  39.378547°N 74.429176°W  / 39.378547; -74.429176 Cabana (structure) A cabana

1225-470: The website that the Margaritaville cafes would no longer purchase or serve Canadian seafood products to protest Canada's treatment of seals. On May 15, 2007, Harrah's Entertainment , now Caesars Entertainment Corp. announced plans to build the $ 700 million Margaritaville Casino Resort in Biloxi, Mississippi on the site of the former Grand Casino Biloxi and Casino Magic Biloxi properties. Due to

#955044