resorts casino in atlantic city new jersey

Other ventures that the company undertook were short-lived, including ownership of the Biff Burger fast food chain from 1962 to 1976, an investment in an experimental shrimp farm in Mexico in the early 1970s, ownership of the Marine World/Africa USA theme park in California from 1972 to 1979, and an aborted deal to purchase half of slot machine maker Williams Electronics in 1978.

In 1968, Mary Carter sold its paint division and changed its name to Resorts International. The company built a bridge to the island and developed it with hotels and restaurants, and opened the Paradise Island Casino there in 1967. It acquired 1,200 acres of land near Freeport, Bahamas in 1962, followed by a 75 percent interest in Paradise Island in 1966. With its paint business on the decline, Mary Carter sought to diversify into the land development business. James Crosby, son of one of the investors, was appointed to lead the company. In 1958, the Mary Carter Paint Company, a New Jersey paint manufacturer, was acquired by a group of investors. History Development in Bahamas and Atlantic City (1958–1986) It was acquired by Sun International in 1996. After the death of its longtime chairman, James Crosby, in 1986, the company was briefly controlled by Donald Trump, before being acquired by Merv Griffin in 1988. From its origins as a paint company, it moved into the resort business in the 1960s with the development of Paradise Island in the Bahamas, and then expanded to Atlantic City, New Jersey with the opening of Resorts Casino Hotel in 1978. Resorts International was a hotel and casino company. For the company that operated from 2000 to 2014, see Resorts International Holdings.

Resorts casino in atlantic city new jersey