Atlantic City Hilton

Infobox Casino
casino = Hilton Atlantic City
logo =
logo_size = 200px


image_size = 200
image_caption =
location = Atlantic City, New Jersey
coordinates =
address = Boston Ave & The Boardwalk
date_opened = 1980
names_pre = Golden Nugget, Ballyʼs Grand
date_closed =
casino_type = Land
theme = Beach Resort
owner = Colony Capital, LLC
architect =
rooms = 800
space_gaming = 60,000 sq
shows =
attractions
sister property = Atlantic City Resorts
restaurants = Patsy's Italian Restaurant
renovations =
website = [http://www.hiltonac.com Atlantic City Hilton]

Atlantic City Hilton was first built by Steve Wynn in 1980 and named Golden Nugget Atlantic City. It was the first in Atlantic City to be built from the ground up as a luxury casino hotel, rather than being a renovation of an old non-gaming Atlantic City Hotel. Soon thereafter the property was sold to Bally's Entertainment Corporation, which changed the property's name to "Bally's Grand". The sale was prompted by Steve Wynn's frustration with gaming regulators in New Jersey.Fact|date=April 2008

After the Hilton Hotels Corporation acquired Bally Entertainment, the property was renamed Atlantic City Hilton. In 1998, Hilton Corporation spun off its casino properties into a new company initially called Park Place Entertainment and later renamed Caesars Entertainment.

In 2000 Nicholas L. Ribis (a former advertising executive with Trump Hotels and Casino) in partnership with Colony Capital, LLC (Thomas J. Barrack) bought the poorly-performing Resorts Atlantic City for US$140 million and created the company "Resorts International Holdings". Then, in 2005, they set out to buy four Harrah's and Caesars properties including the Atlantic City Hilton, for a combined total of $1.24 billion.

Currently, The Resorts Atlantic City and Atlantic City Hilton are managed as a single entity "Atlantic City Hilton and Resorts Atlantic City" whose president (as of May 3, 2006) is Anthony Rodio. Anthony Rodio has been employed by Resorts since the 1980s when it was owned by Merv Griffin. Atlantic City Hilton's current Casino Manager is Joe Nicosia, who has been attached to the property since its very beginning.

References

* [http://www.hiltonac.com Official Website]
* [http://www.colonyinc.com/articles/news_article.php?fileToUse=news_casinos.txt RIH/Colony Capital purchase of four Harrah's and Ceasars properties]
* [http://www.resortscasinos.com/media/hiltonac/presskit.cfm Atlantic City Hilton Press Kit]
* [http://www.resortscasinos.com/media/hiltonac/presskit-fast-facts.cfm Anthony Rodio named president of AC Hilton]
* [http://query.nytimes.com/gst/fullpage.html?res=9F01E5DB1639F936A35752C1A9669C8B63 NYT article - Nick Ribis buys Resorts Atlantic City]