Atlantic City is always changing. Properties are being bought, sold and improved, just like in the game of Monopoly.
The Walk, the Atlantic City outlet mall will be expanded, adding a dozen new stores. The Walk presently has 105 stores. The new stores will be located across the street from the Atlantic City Convention Center.
Canada-based Westjet Airline announced that it will start sasonal airline service between Atlantic City International Airport and Toronto in the fall of 2009. Seasonal in this case being from October 22nd through May.
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 train service started on Feb. 6, 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 (02/05/2010) stated that they have scrapped plans for an Atlantic City casino and hope to sell its land.

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.
On January 29th, 2009 Revel announced
that because of the tight credit market they will complete the
the structure and outside of their new casino, but postpone the completion of the interior.
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
This project has been canceled due to the credit crunch.