Atlantic City's Resorts casino says cash shortfall may force it to close while it seeks a new owner

ATLANTIC CITY — Resorts Atlantic City is warning that “severe cash shortages” could jeopardize the casino’s chances of survival while it searches for a new owner.


Atlantic City’s oldest gaming hall disclosed in a tax statement this week that it is falling short of its financial projections. It added that its precarious finances were hurt even more by record winter snowfall that depressed Atlantic City’s entire casino market.

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