Troubled Resorts Atlantic City casino is purchased by gaming executive

Scott Lewis/BloombergPeople walk along the boardwalk near the Resorts Atlantic City casino, left, in Atlantic City, New Jersey, on Monday, Dec. 21, 2009.

ATLANTIC CITY — Atlantic City's first casino will be sold to gaming executive Dennis Gomes, according to a report on PressofAtlanticCity.com.

Resorts Atlantic City, which opened in 1978, has had a history of multiple bankruptcies, several owners and expansion plans that were never fulfilled, the report said.

Previous coverage:

• N.J.'s Resorts Atlantic City has buyer and chance for revival

• Resorts Atlantic City casino faces possible foreclosure

• Former Atlantic City executive has deal to purchase Resorts casino

• Mark Di Ionno: Atlantic City's future lies in its 'venerable' resort roots, not the casino district

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