Atlantic City is always changing. Properties are being bought, sold and improved, just like in the game of Monopoly.
NJ Transit and Borgata Hotel & Spa, Caesars Atlantic City and Harrah's Atlantic City have joined forces to to provide weekend express train service between New York City and Atlantic City. This project was to begin in December 2007, but has been delayed until 2009.
Atlantic City presently has 11 casinos, if you don't count the Claridge as a separate casino. The Claridge is normally considered part of Bally's.
Before October 18th 2007 there were 12, but the Sands Casino was demolished on that day to make room for a new mega-casino resort. The Las Vegas-based Pinnacle Entertainment Inc. will develop on the Sands site, at Indiana and Pacific Avenues, a $1.5 billion mega-casino resort scheduled to open in 2012.
Pinnacle Entertainment Inc. recently (02/27/2008) stated that their plans to build on the Sands site might have to be put on hold because ot tight credit markets. They now say that construction will start no earlier than 2010, if ever.

Future MGM Grand Casino
MGM Mirage, which co-owns the Borgata with Boyd Gaming, has plans to develop a $5 billion casino resort on 72 acres of land it owns next to the Borgata in the Marina District. This will include a gleaming gambling palace with three towers. It will have 3000 hotel rooms, and a gaming floor with 200 gaming tables and 5000 slot machines. It is intended to be a full scale destination resort.
This project has been suspended due to the credit crunch.

Revel Construction
Revel Entertainment Group L.L.C. is building a mega-casino that would include 3800 hotel rooms in two towers, 150,000 square feet of gambling space, and retail shops and restaurants. This project is being financed by Morgan Stanley which purchased a 20-acre site just north of the Showboat Casino.
Another casino is planned on 11 acres just south of the Atlantic City Hilton, recently bought by an investment group led by former Caesars Entertainment CEO Wallace R. Bar.
This project has been suspended due to the credit crunch.

Margaritaville Logo
Coastal Marina, LLC, a New York-based gaming venture, is to acquire the Trump Marina Hotel Casino from Trump Entertainment resorts, Inc. The resort is to be re-branded as a "Margaritaville™” Marina Resort & Casino.
Link to more about Margaritaville