158:
633:"Penthouse International, LTD., and Boardwalk Properties,inc., Plaintiffs- Appellees, v. Dominion Federal Savings & Loan Association, and Melrod,redman & Gartlan, P.c., Defendants-appellants.dominion Federal Savings & Loan Association, Third-partyplaintiff-appellant, v. Queen City Savings & Loan Association, Third-party Defendant-appellee, 855 F.2d 963 (2d Cir. 1988)"
285:
wanted to invest $ 150 million in the casino project, but only if the casino had obtained a gaming license. Weinberg wanted
Guccione to pay $ 300,000 to NJ gaming officials to get the license. Guccione responded by saying "Are you out of your mind?" After the Abscam scandal came to light, Guccione
197:
in
December 1977, but the owner backed out. In early 1978, Boardwalk Properties purchased the Four Seasons Motel and the Holiday Inn, located in the block bordering the Boardwalk, Pacific Avenue, Missouri Avenue and Columbia Place. It also planned to purchase all the other properties on this block,
157:
153:
had made some wildly optimistic predictions in a 1978 interview regarding the casino, saying that a gaming license would be issued in six months, that the casino would open that year, and that another casino (on the site of the
Mayflower Hotel) would open the following year.
176:
Penthouse had previously engaged in the casino business, but had not been successful. In 1970, the
Penthouse Club in London, England operated a casino. However, the next year the casino license was revoked by the gaming authorities. In 1972, Penthouse opened the
202:, who refused to sell. The company began construction around Coking's house, which was in the middle of the block, but only finished a four-story steel framework structure when the construction stopped. The structure languished and
1124:
310:
backed out of a financing arrangement for the casino that had been agreed on. However, the judgment was overturned the following year. In 1989, Penthouse also sued Pratt Hotel Corp. (owner of the
306:, representing $ 4 million of the total verdict, were disallowed. In 1987, Penthouse initially won a lawsuit for $ 136 million against Dominion Federal Savings & Loan, charging that the
325:
In 1997, Guccione announced that he was going to develop the
Mayflower Hotel property (located between Tennessee Ave, St. James Pl and Boardwalk) into a casino, but nothing became of it.
260:. When the movie failed to generate the expected revenues, other financing avenues were sought. During the company's quest for financing, Guccione got involved in the
389:
878:
724:
1114:
1119:
428:
418:
690:
63:
589:
494:
Tortuous Legal Fight Over
Boardwalk Site Comes To An End; The Sands Lost Big In Its Costly Battle With Donald Trump And Penthouse Publisher Bob Guccione
1028:
780:
765:
234:
604:"MARJORIE LEE THORESON A/K/A ANNEKA DILORENZO, APPELLANT-RESPONDENT, v. PENTHOUSE INTERNATIONAL, LTD. AND ROBERT C. GUCCIONE, RESPONDENTS-APPELLANTS"
314:
casino) for damages in regard to their failing to complete a deal to acquire the
Penthouse property. In a related lawsuit filed by the Sands against
193:) at a cost of $ 45 million. However, the casino filed for bankruptcy the next year and was closed. Guccione had previously tried to purchase the
858:
558:
717:
961:
169:
873:
530:
462:
645:
465:
1081:
268:
194:
680:
710:
294:
lawsuit against
Penthouse and Guccione, claiming among other charges, that she was coerced into providing sexual favors to a
660:
499:
1134:
1076:
1002:
956:
904:
444:
832:
307:
211:
149:
of the project began in 1978, but was halted in 1980 due to financing problems and gaming licensing difficulties. Owner
56:
164:
at 127 S Columbia Pl, between the steel framework of the planned
Penthouse Boardwalk Hotel and Casino; photographed by
1007:
801:
476:
1012:
544:
1065:
1054:
822:
919:
806:
734:
457:
American
Dictators: Frank Hague, Nucky Johnson, and the Perfection of the Urban Political Machine by Steven Hart
238:
109:
33:
318:, it was alleged that in 1988 the president of Penthouse International threatened to expose Trump's affair with
1139:
1044:
755:
340:
that he owed. He also sold his remaining Atlantic City property, the Mayflower Hotel site, at the same time
322:
in its magazine unless Trump stopped trying to block the sale of the Penthouse casino property to the Sands.
336:
Inn at a location near the entrance to Atlantic City. That property was sold in 2001 to pay off delinquent
1129:
971:
894:
868:
632:
290:. Marjorie Lee Thoreson (a/k/a Anneka diLorenzo), the 1975 Penthouse Pet of the Year, won a $ 4,060,000
987:
899:
760:
237:
also was investigating the purchase of one of the properties (the Mayflower Hotel) from a member of the
221:
The company's attempts to get a gaming license were protracted. Penthouse International ran a casino in
178:
112:, between Pacific Ave, South Missouri Ave, Columbia Place and Boardwalk, during the late 1970s. Due to
837:
621:
1039:
853:
775:
138:
117:
286:
sued the federal government, but lost. Penthouse International's search for financing led to other
997:
827:
770:
311:
702:
565:
481:
358:
909:
583:
533:
526:
458:
291:
210:
acquired the property in 1993. Trump renovated the Holiday Inn building, rebranded it as the
303:
966:
951:
924:
264:
257:
1086:
371:
Janson, Donald. "Penthouse Acquires Site for Casino On the Boardwalk Near Playboy's,"
1108:
401:"YOMADIC - Abandoned Penthouse Casino - the Haludovo Palace Hotel - Bikini, Optional"
226:
319:
315:
249:
207:
165:
150:
146:
603:
1049:
992:
914:
400:
279:
253:
199:
161:
128:
The hotel-casino was to be built by Boardwalk Properties, Inc., a wholly owned
245:
215:
186:
133:
129:
78:
65:
302:
who could provide financing for the casino venture. However, on appeal, the
295:
271:
142:
796:
287:
275:
190:
113:
356:
Janson, Donald. "Penthouse Halts Atlantic City Casino Construction,"
333:
329:
282:
261:
222:
105:
299:
230:
156:
101:
337:
203:
706:
509:
Jersey Is Investigating Penthouse Casino Bid By Donald Janson
182:
116:
and legal difficulties, the hotel was never completed and a
675:
Penthouse publisher plans Atlantic City casino - again
1125:
Unbuilt buildings and structures in the United States
445:"PropertyProf Blog: A Non-Taking on the Jersey Shore"
1021:
980:
944:
937:
887:
846:
815:
789:
748:
741:
55:
47:
39:
27:
21:
229:. The company allegedly allowed non-members and
477:"Donald Trump: An Ex-Loser is Back in the Money"
384:Casino Gambling Attracts "Penthouse" Publisher
274:Melvin Weinberg tried to get Guccione to pay a
718:
244:The casino was initially to be financed from
8:
525:By John Heidenry Simon & Schuster 2007
413:Penthouse Buys Two Hotels Associated Press
941:
745:
725:
711:
703:
235:New Jersey Division of Gaming Enforcement
349:
225:in 1971 that was being investigated by
16:Proposed casino hotel in New Jersey, US
588:: CS1 maint: archived copy as title (
581:
132:of Penthouse International, Inc., the
18:
198:but it was stymied by one homeowner,
7:
1115:Casinos in Atlantic City, New Jersey
98:Penthouse Boardwalk Hotel and Casino
22:Penthouse Boardwalk Hotel and Casino
1120:Hotels in Atlantic City, New Jersey
616:Court Overturns Penthouse Judgment
328:Guccione later tried to develop a
278:. Weinberg told Guccione that an
170:Historic American Buildings Survey
14:
233:elements to use the casino. The
218:the remainder of the structure.
691:Guccione Giving Up Real Estate
661:Suit Alleges A Threat On Trump
38:
646:Penthouse Sues Over A.C. Deal
1:
967:Flagship Resort Atlantic City
905:Gaming and Leisure Properties
212:Trump Plaza Hotel and Casino
1156:
920:MGM Resorts International
735:Atlantic City, New Jersey
239:Philadelphia crime family
110:Atlantic City, New Jersey
34:Atlantic City, New Jersey
332:in a joint venture with
181:casino on the island of
108:that was to be built in
910:Hard Rock International
386:The Evening Independent
179:Penthouse Adriatic Club
869:Pinnacle Atlantic City
733:Casinos and hotels in
173:
1040:Chalfonte-Haddon Hall
1013:Wyndham Skyline Tower
988:Courtyard by Marriott
900:Caesars Entertainment
663:Philadelphia Inquirer
648:Philadelphia Inquirer
496:Philadelphia Inquirer
160:
79:39.35496°N 74.43645°W
1135:Penthouse (magazine)
1055:Marlborough-Blenheim
429:Hotel Purchased UPI
895:Bally's Corporation
362:, January 27, 1980.
312:Sands Atlantic City
84:39.35496; -74.43645
75: /
962:The Claridge Hotel
838:Trump World's Fair
693:The New York Times
511:The New York Times
373:The New York Times
359:The New York Times
298:manufacturer from
174:
120:was never issued.
1102:
1101:
1098:
1097:
938:Non-casino hotels
933:
932:
679:January 30, 1997
618:Los Angeles Times
523:What Wild Ecstasy
433:February 26, 1978
417:January 17, 1978
403:. 19 August 2013.
292:sexual harassment
94:
93:
1147:
998:Howard Johnson's
942:
746:
727:
720:
713:
704:
697:
688:
682:
673:
667:
658:
652:
643:
637:
636:
629:
623:
620:August 27, 1988
614:
608:
607:
600:
594:
593:
587:
579:
577:
576:
570:
564:. Archived from
563:
555:
549:
548:
541:
535:
520:
514:
507:
501:
492:
486:
485:, July 22, 1996.
473:
467:
455:
449:
448:
441:
435:
426:
420:
415:The Evening News
411:
405:
404:
397:
391:
382:
376:
375:, March 9, 1978.
369:
363:
354:
304:punitive damages
214:East Tower, and
206:for years until
90:
89:
87:
86:
85:
80:
76:
73:
72:
71:
68:
30:
19:
1155:
1154:
1150:
1149:
1148:
1146:
1145:
1144:
1140:Unbuilt casinos
1105:
1104:
1103:
1094:
1017:
976:
952:Atlantic Palace
929:
925:Vici Properties
883:
842:
811:
785:
737:
731:
701:
700:
689:
685:
674:
670:
659:
655:
644:
640:
631:
630:
626:
615:
611:
602:
601:
597:
580:
574:
572:
568:
561:
559:"Archived copy"
557:
556:
552:
545:"847 F.2d 1031"
543:
542:
538:
521:
517:
508:
504:
498:March 26, 1993
493:
489:
474:
470:
456:
452:
443:
442:
438:
427:
423:
412:
408:
399:
398:
394:
388:March 25, 1978
383:
379:
370:
366:
355:
351:
346:
265:sting operation
223:London, England
195:Shelburne Hotel
126:
100:was a proposed
83:
81:
77:
74:
69:
66:
64:
62:
61:
28:
23:
17:
12:
11:
5:
1153:
1151:
1143:
1142:
1137:
1132:
1127:
1122:
1117:
1107:
1106:
1100:
1099:
1096:
1095:
1093:
1092:
1089:
1084:
1079:
1074:
1071:
1068:
1063:
1060:
1057:
1052:
1047:
1042:
1037:
1034:
1031:
1025:
1023:
1019:
1018:
1016:
1015:
1010:
1005:
1000:
995:
990:
984:
982:
978:
977:
975:
974:
969:
964:
959:
954:
948:
946:
939:
935:
934:
931:
930:
928:
927:
922:
917:
912:
907:
902:
897:
891:
889:
885:
884:
882:
881:
876:
871:
866:
861:
856:
850:
848:
844:
843:
841:
840:
835:
830:
825:
819:
817:
813:
812:
810:
809:
804:
799:
793:
791:
787:
786:
784:
783:
778:
773:
768:
763:
758:
752:
750:
743:
739:
738:
732:
730:
729:
722:
715:
707:
699:
698:
683:
668:
653:
650:March 21, 1989
638:
624:
609:
595:
550:
536:
515:
502:
487:
475:Tully, Shawn.
468:
450:
436:
421:
406:
392:
377:
364:
348:
347:
345:
342:
248:receipts from
125:
122:
118:casino license
92:
91:
59:
53:
52:
49:
45:
44:
41:
37:
36:
31:
25:
24:
15:
13:
10:
9:
6:
4:
3:
2:
1152:
1141:
1138:
1136:
1133:
1131:
1130:Casino hotels
1128:
1126:
1123:
1121:
1118:
1116:
1113:
1112:
1110:
1091:United States
1090:
1088:
1085:
1083:
1080:
1078:
1075:
1072:
1069:
1067:
1064:
1061:
1058:
1056:
1053:
1051:
1048:
1046:
1043:
1041:
1038:
1035:
1032:
1030:
1027:
1026:
1024:
1020:
1014:
1011:
1009:
1006:
1004:
1001:
999:
996:
994:
991:
989:
986:
985:
983:
979:
973:
970:
968:
965:
963:
960:
958:
955:
953:
950:
949:
947:
943:
940:
936:
926:
923:
921:
918:
916:
913:
911:
908:
906:
903:
901:
898:
896:
893:
892:
890:
886:
880:
877:
875:
872:
870:
867:
865:
862:
860:
857:
855:
852:
851:
849:
845:
839:
836:
834:
831:
829:
826:
824:
823:Atlantic Club
821:
820:
818:
814:
808:
805:
803:
802:Golden Nugget
800:
798:
795:
794:
792:
788:
782:
779:
777:
774:
772:
769:
767:
764:
762:
759:
757:
754:
753:
751:
747:
744:
740:
736:
728:
723:
721:
716:
714:
709:
708:
705:
696:
695:June 15, 2001
694:
687:
684:
681:
678:
677:Las Vegas Sun
672:
669:
666:
664:
657:
654:
651:
649:
642:
639:
634:
628:
625:
622:
619:
613:
610:
605:
599:
596:
591:
585:
571:on 2011-07-16
567:
560:
554:
551:
546:
540:
537:
534:
532:
531:9780743241847
528:
524:
519:
516:
513:July 10, 1978
512:
506:
503:
500:
497:
491:
488:
484:
483:
478:
472:
469:
466:
464:
463:9780813562131
460:
454:
451:
446:
440:
437:
434:
432:
431:Reading Eagle
425:
422:
419:
416:
410:
407:
402:
396:
393:
390:
387:
381:
378:
374:
368:
365:
361:
360:
353:
350:
343:
341:
339:
335:
331:
326:
323:
321:
317:
313:
309:
305:
301:
297:
293:
289:
284:
281:
277:
273:
270:
266:
263:
259:
255:
251:
247:
242:
240:
236:
232:
228:
227:Scotland Yard
224:
219:
217:
213:
209:
205:
201:
196:
192:
188:
184:
180:
171:
167:
163:
159:
155:
152:
148:
144:
141:
140:
135:
131:
123:
121:
119:
115:
111:
107:
103:
99:
88:
60:
58:
54:
50:
46:
42:
35:
32:
26:
20:
1066:Ritz-Carlton
863:
692:
686:
676:
671:
665:May 16, 1990
662:
656:
647:
641:
627:
617:
612:
598:
573:. Retrieved
566:the original
553:
539:
522:
518:
510:
505:
495:
490:
480:
471:
453:
439:
430:
424:
414:
409:
395:
385:
380:
372:
367:
357:
352:
327:
324:
320:Marla Maples
316:Donald Trump
250:Bob Guccione
243:
220:
208:Donald Trump
175:
166:Jack Boucher
162:Coking house
151:Bob Guccione
147:construction
137:
127:
97:
95:
40:Opening date
1070:St. Charles
1050:Holiday Inn
993:Econo Lodge
957:The Chelsea
833:Trump Plaza
200:Vera Coking
82: /
57:Coordinates
48:Casino type
1109:Categories
1029:Ambassador
575:2010-08-09
344:References
246:box office
216:demolished
187:Yugoslavia
145:. Initial
130:subsidiary
70:74°26′11″W
67:39°21′18″N
51:Land-based
1082:Shelburne
1062:President
1059:Mayflower
945:Boardwalk
864:Penthouse
781:Tropicana
766:Hard Rock
749:Boardwalk
296:furniture
272:informant
139:Penthouse
134:publisher
114:financial
29:Location
1087:Traymore
1073:Sea-View
1036:Brighton
1033:Breakers
1008:Sheraton
972:Showboat
915:Landry's
847:Canceled
807:Harrah's
584:cite web
288:lawsuits
258:Caligula
252:'s epic
231:criminal
172:, c.1991
143:magazine
1077:Senator
1003:Madison
854:Camelot
797:Borgata
776:Resorts
761:Caesars
756:Bally's
742:Casinos
482:Fortune
191:Croatia
124:History
1045:Dennis
1022:Former
888:Owners
874:Sahara
816:Former
790:Marina
529:
461:
334:Ramada
330:resort
308:thrift
283:sheikh
262:Abscam
256:movie
204:rusted
106:casino
981:Other
879:Other
859:Dunes
828:Sands
771:Ocean
569:(PDF)
562:(PDF)
338:loans
300:Milan
276:bribe
267:when
189:(now
102:hotel
43:Never
590:link
527:ISBN
459:ISBN
280:Arab
254:porn
168:for
104:and
96:The
269:FBI
185:in
183:Krk
136:of
1111::
586:}}
582:{{
479:,
241:.
726:e
719:t
712:v
635:.
606:.
592:)
578:.
547:.
447:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
