For years, developer Tom Scannapieco wanted the state of New Jersey to buy the hotel at the Atlantic City Convention Center.
The logic seemed clear. With casino gambling in a long decline, conventions and events have become increasingly important for the city’s economy. While the Sheraton Atlantic City Convention Center Hotel is a longtime money-loser and hasn’t been renovated since it opened in 1998, political and business leaders believe it’s essential to the Convention Center’s success.
The logic seemed clear. With casino gambling in a long decline, conventions and events have become increasingly important for the city’s economy. While the Sheraton Atlantic City Convention Center Hotel is a longtime money-loser and hasn’t been renovated since it opened in 1998, political and business leaders believe it’s essential to the Convention Center’s success.
