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Thread: AC's Showboat to close 8/31

  1. #1
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    AC's Showboat to close 8/31

    "For the first quarter of this year, the Showboat posted a gross operating profit of nearly $2 million. But that was down from a profit of nearly $8.5 million in the first quarter of 2013."

    http://www.app.com/story/news/local/...sure/11437759/

    Although I haven't been there in 4-5 years, I'm going to miss this place.... As a red chipper and infrequent visitor to the area, I have good memories of trying to test a casino's tolerance here, at least in my own mind. I remember back counting multiple tables and being very disciplined at wonging in at TC +2 and out once the TC dropped to even. I was happy to table hop as the count demanded and was ready to feel some heat. When I never felt any pressure from the pit, even after a few 20+unit hands that would win in a row, I learned to be much more aggressive after this experience. Results were only slightly positive by the end of the long session but the experience was very valuable.

    Yeah, I'm gonna miss this place.

    TR

  2. #2
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    Another one bites the dust. There seems to be some big changes going on in AC for 2014. It seems like these casino closings are going to artificially boost the bottom lines of the existing casinos considering overall declines in revenue from 2006.

  3. #3


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    Quote Originally Posted by Blitzkrieg View Post
    Another one bites the dust. There seems to be some big changes going on in AC for 2014. It seems like these casino closings are going to artificially boost the bottom lines of the existing casinos considering overall declines in revenue from 2006.
    And with the new legislation for casinos in New York and other eastern cities and states, its going to hurt AC as a whole for a continued time frame IMO.

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