Atlantic City moves to help Showboat college conversion plan
The City Council in Atlantic City is expected to pass a plan Wednesday that could help the former Showboat casino be re-opened as a college campus.
The designation of the site as a redevelopment zone would prohibit it from being used for a casino and allow Stockton University to establish a campus there. It also could end a rival casino's attempt to block the conversion into a college.
Trump Entertainment Resorts, which owns the Trump Taj Mahal casino next to the Showboat, is enforcing a 1988 legal covenant among it, the Showboat and Resorts, specifying that the Showboat can never be used for anything other than "a first-class casino resort."
Trump Entertainment CEO Bob Griffin says the council's action won't affect his company's opposition to a college campus next door.
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