online gaming operations by casino owners. A purchase agreement was announced in January 2013, but was terminated in April after Rational missed a deadline for securing a temporary gaming license. On December 20, 2013, it was announced that the Atlantic Club Casino Hotel would close on January 13, 2014. Caesars Entertainment bought the property while Tropicana bought all the slot machines, gaming tables, and player databases in a joint bankruptcy purchase for $23.4 million combined. On May 29, 2014, Caesars Entertainment sold the Atlantic Club to TJM Properties, a Florida development firm that purchased and reopened the former Claridge Casino Hotel in Atlantic City earlier in the year. The reported Atlantic Club purchase price was $13.5 million. The firm planned to either reopen it as a non-gaming property, such as a hotel, or sell it. Future In 2015, redevelopment plans for the shuttered resort were proposed by Pennsylvania-based Endeavor Property Group, calling for a renovation of the existing buildings into a non-gaming resort featuring two indoor water parks. An 81,000-square-foot indoor water park would be built across the street from the Atlantic Club, on the block bordered by Pacific, Atlantic, Boston and Sovereign avenues, currently a surface parking lot used by the resort, as well as a smaller adult-oriented indoor water park fronting the boardwalk. The former casino space would be renovated convention space and a large arcade. The project was approved by the CRDA in July 2015; the CRDA is also planning a "Gateway Project" adjacent to the site, proposing office and academic redevelopment along Albany Avenue, including the site of the former Atlantic City High School. In March 2017, R & R Development Group agreed to purchase the property with the intention of converting it to a family entertainment center with a waterpark, but the deal fell through two months later because R & R could not obtain financing. In September 2018, Stockton University attempted to purchase the property to expand itself. It planned to keep the parking garage, but demolish the main structure. The deal fell through after TJM declined the sale. Later in the year in November 2018, a development group from New York was in talks to buy The Atlantic Club, but a deal never shaped up. In February 2019, a sale settlement was filed by the property's owner, TJM Properties, however they denied the sale of property. Most recently, in October 2019, the property