Bally’s for years had been a lesser priority of former owners Caesars Entertainment, which lavished attention and reinvestment cash on two higher-profile Atlantic City casinos, Harrah’s and Caesars.Īs its resources declined, so did its performance. What Bally’s intends to do is nothing short of bringing a comatose casino back to life in perhaps the most cutthroat gambling market in America. Under this leadership, this place will sparkle.” “By the middle of July, every window in that grand, iconic hotel tower that was fixed in a blue color will be rose. “I said, ‘That’s it,” recalled Juliano, an executive with the casino’s new owners, a Rhode Island based company that used to be called Twin River but has since adopted the Bally’s name for the entire company. What he saw annoyed him greatly, everywhere a broken window had once been. Walking along the Boardwalk in Atlantic City, he looked up at the glass-encased tower of what once was the hottest and most successful casino in the seaside gambling resort. Or more accurately, rose-colored glass flecked with jarringly out-of-place blue squares. (AP) - Phil Juliano was looking at Bally’s casino through rose-colored glass.
Business & Finance Click to expand menu.ĪTLANTIC CITY, N.J.
