On December 23, 2013, Federal Bankruptcy Judge Gloria M. On November 6, 2013, Atlantic Club owner (Resorts International Holdings, owned by Colony Capital) filed for bankruptcy 11 protection and a source revealed to the Wall Street Journal that a bankruptcy sale would occur. Redevelopment proposals include a water park. A third of Atlantic City's boardwalk casinos closed the same year, the others being Revel, Trump Plaza, and Showboat. largely as a result of dwindling casino visitors to Atlantic City due to increased competition in neighboring states. The Atlantic Club permanently closed on January 13, 2014, at 12:01 AM. It was the city's first and only "locals casino". The Atlantic Club Casino Hotel, formerly known as Golden Nugget, Bally's Grand, Atlantic City Hilton and ACH, was a casino and hotel located at the southern end of the boardwalk in Atlantic City, New Jersey, owned and operated by Colony Capital.
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