What makes it even tougher to swallow is that the Showboat - one of four Atlantic City casinos owned by Caesars Entertainment - is still turning a profit. Before dinnertime Sunday, neither will have a job. His wife works there, too, as a cocktail server. 'We never thought this would happen,' said Chris Ireland, who has been a bartender at the Showboat since it opened. 'When considering the legacy of the Showboat, I have no doubt that it will be the pride and resilience of the property's team members that remain as indelible images in the hearts of our customers and colleagues for years to come,' he wrote. 'I want to thank the Showboat Atlantic City team for their dedication, professionalism, and commitment to our guests - both throughout the years and especially over the past several weeks. 'The Showboat has been in business in Atlantic City for 27 years, and all of us at Caesars are extremely proud of the 16 years that our company operated the property,' Caesars Entertainment CEO Gary Loveman wrote in a letter to employees. Caesars will still own three other casinos in Atlantic City.
Its owner, Caesars Entertainment, is closing the still-profitable Showboat to reduce the number of casinos in Atlantic City, which has been struggling with plunging revenue and increased competition. The Mardi Gras-themed casino is shutting down at 4 p.m. ATLANTIC CITY - The show is ending for the Showboat Casino Hotel in Atlantic City.