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Land owner eyes new marina casino in A.C.

November 12, 2008 6:26:43 AM PST
Plans for new casinos in Atlantic City are falling by the wayside as the economy withers, but that's not deterring a Bergen County real estate agent from planning a new gambling hall in the city's marina district. The Press of Atlantic City reports that Rob Pagano has asked city officials to rezone 17 acres he owns near the Borgata Hotel Casino & Spa to enable it to be developed as a casino.

The newspaper reported that Triple Five Worldwide, which owns the Mall of America in Minnesota, may be involved in the project. Pagano and a Triple Five official attended a city planning meeting last week where the plan was discussed.

Two other Atlantic City casino projects worth a combined $7 billion are on indefinite hold due to the worsening economy.

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