Resorts Casino Hotel in Atlantic City, NJ Launches $9.4M Expansion and Renovation

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. December 08, 2014

ATLANTIC CITY, NJ - December 8, 2014 - Resorts Casino Hotel ("Resorts"), the first casino to open in Atlantic City and a property managed by Mohegan Gaming Advisors, today announced a $9.4 million multi-faceted expansion of its convention space that will bring an additional 12,000 square feet of event space, including 11 new conference rooms. This expansion is part of the hotel's long-term property reinvestment plan, following the recent $35 million Jimmy Buffet-themed Margaritaville and nearly $70 million expansion and renovation of Resorts under Morris Bailey's ownership.

"This conference center expansion is the latest example of the company's reinvestment in the property and Atlantic City as a whole as we continue to strategize ways to revive and turnaround this market," said Morris Bailey, Owner of Resorts. "From the growing demand for additional conference space from a new niche audience to the increasing popularity of Margaritaville, Resorts is showing a positive return on investment as a successful destination location on the East Coast."

Construction is scheduled to begin in the first quarter of 2015 and slated to be completed in the summer of 2015 with 18 meeting rooms, three ballrooms and a multi-purpose showroom on one floor which provides easy access and customer convenience for the convention and trade show business. Additionally, the expansion project will include hotel bathroom renovations in the Ocean Tower.

"This expansion plan furthers the repositioning of Resorts as the company continues to make smart investments that will transform the property into a more vibrant, profitable destination with offerings beyond casino gambling," said Mark Giannantonio, president and CEO of Resorts Casino Hotel. "As the only Casino Hotel in Atlantic City that boasts a dramatic floor to ceiling ocean view ballroom and Landshark Bar & Grill, a year-round beach event facility, we've already seen success in our meetings and convention business, with bookings up 46 percent over 2013. We're thrilled to leverage that success and build upon it with this expansion."

When the renovation is complete, Resorts, along with Jimmy Buffett's Margaritaville, will have more than 64,000 square feet of meeting & event space consisting of 27 conference and event rooms accommodating from 40 up to 1,350 guests. To book a meeting or event call (609) 340-7850. For more information about Resorts, please visit www.resortac.com.

About Resorts Casino Hotel

Resorts Casino Hotel brought gaming to Atlantic City in 1978, Resorts Casino Hotel is at the top of its game today, offering world-class casino action in a relaxed environment that keeps the focus on fun. Resorts Casino Hotel made history as the first American casino outside of Nevada and celebrated its 35th anniversary in May 2013 with a new milestone: the opening of a $35-million Margaritaville casino and entertainment complex that includes, among other attractions, the only year-round beach bar on the Atlantic City sand.

Mohegan Gaming Advisors assumed management of Resorts Casino Hotel in Fall 2012 - a move that has set the stage for its return as the most exciting gaming destination in Atlantic City. Boasting a prime location spanning 11 acres at the northern end of the famed Atlantic City Boardwalk, the resort features 942 guest rooms and suites in two hotel towers, a 80,000 square-foot casino, two theaters, six restaurants, two VIP slot and table player lounges, a casino bar, indoor-outdoor swimming pool, health club and spa, salon, and retail shops. Its 39,000 square feet of sophisticated meeting space includes seven meeting rooms and a 13,000-square-foot ballroom. For more information, visit http://www.resortsac.com.