Bankrupt NJ casino has $17.7M assets, $16.8M debts - FOX 29 News Philadelphia | WTXF-TV

Bankrupt NJ casino has $17.7M assets, $16.8M debts

Posted: Updated:
AP file photo/Mel Evans AP file photo/Mel Evans

ATLANTIC CITY, N.J. (AP) - The Atlantic Club Casino Hotel, which hopes to sell itself at a bankruptcy court auction this month, has laid out its assets and liabilities for the court.

The casino formerly known as the Atlantic City Hilton listed assets, excluding real property, of $17.1 million and liabilities of $16.8 million.

It wouldn't estimate the worth of its real property when asked by The Associated Press.

The filing was made Wednesday with the federal bankruptcy court in Camden.

The Atlantic Club has remained open since filing for Chapter 11 protection last month. The casino could be put up for auction Dec. 17, with the sale completed by March.

The sale comes months after a deal to sell the casino to the PokerStars online gambling website fell through.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey NewsMore>>

  • Shooting at NJ Transit station

    Shooting at NJ Transit station

    Friday, August 1 2014 6:36 AM EDT2014-08-01 10:36:28 GMT
    Police were investigating a shooting at the NJ Transit train station in Elizabeth, N.J. on Friday morning.  It apparently happened around 4:30 a.m. The victim was shot in the leg in an apparent robbery.
    Police were investigating a shooting at the NJ Transit train station in Elizabeth, N.J. on Friday morning.  It apparently happened around 4:30 a.m. The victim was shot in the leg in an apparent robbery.
  • New Jersey detective acquitted in Maryland highway shooting

    NJ detective acquitted in Md. highway shooting

    Thursday, July 31 2014 5:20 PM EDT2014-07-31 21:20:31 GMT
    A jury has found a New Jersey detective not guilty in the slaying of a driver during an alleged road-rage incident. Joseph Walker, 41, an investigator for the Hudson County, New Jersey, prosecutor's office, was found not guilty on all counts on Wednesday in Anne Arundel County Circuit Court. He had been charged with first-degree murder in the death of Joseph Harvey, 36, of Landsdowne.
    A jury has found a New Jersey detective not guilty in the slaying of a driver during an alleged road-rage incident. Joseph Walker, 41, an investigator for the Hudson County, New Jersey, prosecutor's office, was found not guilty on all counts on Wednesday in Anne Arundel County Circuit Court. He had been charged with first-degree murder in the death of Joseph Harvey, 36, of Landsdowne.
  • Man charged for the overdose death of Hillsborough resident on Christmas Eve

    Man charged for the overdose death of Hillsborough resident on Christmas Eve

    Thursday, July 31 2014 11:38 AM EDT2014-07-31 15:38:39 GMT

    A Bridgewater man has been charged with the death of a 22-year-old Hillsborough resident who overdosed on Heroin Christmas Eve morning, according to nj.com.

    A Bridgewater man has been charged with the death of a 22-year-old Hillsborough resident who overdosed on Heroin Christmas Eve morning, according to nj.com.

Powered by WorldNow

WTXF-TV
330 Market Street
Philadelphia, PA 19106-2796

Phone: (215) 925-2929
Fax: (215) 982-5494

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices