When I used to live in Philadelphia, Pennsylvania there were many weekends I would head for Atlantic City, New Jersey with my friends. It's not exactly Las Vegas but there are a lot of hotels/casinos that have been in operation since legalized gambling was approved by New Jersey voters in 1976. It has great beaches and a boardwalk with shops at the beach front, it's a lot of fun in the summer!
An interesting piece of history of Atlantic City is that from the years 1981 until 1984 the Playboy Enterprises operated their own casino there by the name of Playboy Hotel & Casino. The project had problems from the start. Obtaining a gaming license and funding forced them to partner with the Elsinore Corporation who ran a hotel/casino in Las Vegas. They were given a temporary provisional gaming license from the New Jersey Gaming Board and were able to operate until 1984. At that point a gaming license was granted to Elsinore but not to Playboy over concerns about Playboys London casino operations, forcing Playboy to sell it's shares to Elsinore. The name was quickly changed to the Atlantis and operated until 1989.
And now is where it gets bizarre... Donald Trump then bought it and made it the Trump Regency. But in 1992 the bank holding the mortgage took possession of the casino until Trump bought it back in 1995 and changed the name again to Trump's World Fair in 1996. It then closed down for good in 1999 since it wasn't profitable and was demolished the following year.
But this is an interesting piece of casino history from Atlantic City, NJ:
About the token:
Location: USA
Mint: Green Duck Corporation (per Numista, however other sources state they went out of business in 1962, so mint is really questionable)
Year: Between 1981-1984
Denomination: One Dollar casino play value
Composition: copper/nickel
Weight: 22.5 grams
Diameter: 37.2 mm
Thickness: 2.55 mm
Obverse: Big $1 with lettering: PLAYBOY HOTEL & CASINO 1gd ATLANTIC CITY ACCEPTABLE ONLY AT PLAYBOY ONE DOLLAR TOKEN NOT LEGAL TENDER
Reverse: Playboy bunny head and TM
Although it isn't silver which would have been cool, I got it for free when I purchased some coins in a coin shop in Long Beach so I can't complain! It seems to have gotten a lot of use in casino play as it's scratched up quite a bit. But it's just a very interesting part of the history of both Atlantic City and Playboy Enterprises. Then at the end you even get some Donald Trump in the story....
But definitely not an item that any stacker will likely want to collect since it isn't silver, but for a casino chip collectors it's pretty cool!
flickr.com
Playboy Hotel and Casino right along the boardwalk and the beach front
As you can see the hotel/casino had a beautiful location on the beach front and the boardwalk. It's a shame they couldn't succeed but I guess the moral to the story is to always make sure you have connections in the gaming board before building a casino anywhere. You really live at the mercy of the gaming board and can deny the license or revoke it at any time they see fit and you are instantly out of the casino business.
Makes me glad I didn't choose a career in the casino industry!
Thanks for stopping by and reading my post. If you have any questions, suggestion or comments feel free to leave them below. Have a great weekend everyone!
And my disclaimer:
Gold and silver stacking can be a fun hobby but isn't for everyone. You can lose money. I'm not a financial advisor and this isn't financial advice, please always do your own research before spending your hard earned money.
References:
https://en.numista.com/catalogue/exonumia67024.html
https://en.wikipedia.org/wiki/Trump_World%27s_Fair
https://en.wikipedia.org/wiki/Atlantic_City,_New_Jersey
Re-blog lottery
Now for the winner of the re-blog lottery! Today we had 32 people re-blog my post, thank you so much! You guy are the best! The people who re-blogged were:
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Thank you everyone! I have been working to improve my engagement and all of you have really helped out! If you have any recommendations or suggestions please feel free to let me know. I'm always looking to improve my posts.
Good luck to everyone!
And since I didn't post yesterday today I will do two spins of the wheel, so two winners today!
And the Wheel of Names results:
Congratulations @miriammarga !
You will receive 3 HSBI units!
Now for today's re-blog lottery! You just need to re-blog my post you will be placed on the Wheel of Names for a spin to possibly win 3 HSBI units! Just one prize for the lucky winner. An upvote is not required but is always greatly appreciated. Bots aren't allowed to win the prize. Contest ends at 14:00 (2 PM) California Pacific time tomorrow. If I somehow missed your re-blog please let me know and I'll add you to the next draw.
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That is very nice , nothing playboy in my stack yet but maybe someday !BBH
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I wouldn't mind to find one of these:
silverstrikers.com
I've tried to buy one on eBay before but the bits were just to crazy!
That's a bit of fun history you have there. Playboy, gosh, I saw a documentary on the Dutch tv and although I wasn't surprised what happened there behind the scenes, it was still shocking to hear those women speak up about it.
Hope you're having a good Saturday!
!PIMP
Old Hugh Hefner sure made a successful brand, I'm not sure all the women were treated all that well sadly....
Nah, although I expected that after all the shit that came to surface over the years, it was still quite shocking how these girls were lured in, to me seeing that in the documentary is the same thing as these sex trafficker organizations. With the only difference for the outside world they were treated like princesses and yes they had a better room probably than these trafficked girls overall who live in dirty circumstances. But in the end it's still traumatizing for these women as well...
Doesn't surprise me at all unfortunately. Sex traffickers under a "respectable" name...
Happens so much so it seems. It's really sad as these powerful people surely have tons of connections who they can blackmail and this way the cycle is endless in these women being stuck there.
!PIMP
How are you doing today?
sorry for the late reply, I was busy offline and my internet failed on my yesterday!
I had a very productive day in the house though, my back didn't thank me lol.
How have you been? I stopped giving the command a few days as it didn't seem to work with the HE issues..
!PIMP let's try again :)
The rich and powerful run the system, and it's always been that way...
!PIMP
How are you doing today?
You must be killin' it out here!
@thisismylife just slapped you with 1.000 PIMP, @thebighigg.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/3 possible people today.
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That is a fascinating story about that famous bunny. Also, I thought that the house always win. how could it not profitable? Interesting.
!LUV !PIZZA !DHEDGE
Casinos are a very risky business to be in. You have to advertise constantly to get people to your casino, pay all the employees and the bank loan to build the place. If you can't get enough people in losing their money you can't pay your own bills. It's a very competitive industry, not one I would want to be in!
!lol
!luv
!pizza
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So they could learn to draw blood.
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re-bloged
count me in @ericburgoyne
Got you down! Thank you!
!PGM
!luv
!lol
!meme
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He was so good I didn't care.
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Super awesome work and thank you very much for your very excellent giveaway!
Even though that Playboy coin isn't silver it sure is quite a score!
Thank you very much for your post again!
#freecompliments
Thanks! The story is everything on this chip!
!PGM
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That would definitely value this chip as being something cool!
Was the trump taj mahal a different building? I went to that one back in the day.
That was another casino project that ended badly. It's now the Hard Rock Hotel and Casino Atlantic City. Trump didn't do well in Atlantic City...
!BEER
!BEER
Thanks!
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BEER.So very interesting that it went back-and-forth, with Trump being the owner twice if I understand it correctly………..🤔
Life in the casino industry certainly has its share of problems !
Very cool token my friend !🤗
Lots of competition, and you always have to have the best acts, restaurants, and shops. Not something I would ever want to do! Thanks, it's an interesting story more than any real value on the token.
Trump owned it twice, and his corporation that owned it ended up declaring bankruptcy if I recall.
I guess that goes to show you that even the big boys lose money now and then!🙄
It obviously can be a very competitive business to be in nothing I would want to do either !
cool, didn't expect playboy have its own token
They have had multiple casinos in various locations around the world. But it's a tough business with lots of competition!
!DHEDGE
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Wow! That's a lot of turnover for a casino. I know it's not silver, but that's definitely some cool history you have!
I haven't ever seen many of these, I guess there aren't too many left. That casino must have been cursed because it was a major money loser for all the owners except Playboy. Apparently they were making money then but when they were forced out it all went downhill...
!PGM
Sounds like the whole thing was cursed after the shenanigans the gaming board pulled on them.
If the gaming board wasn't onboard it was over before it started...
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My interest in gaming chips is in the silver ones, hehehe! But that is quite an interesting story!
!BBH
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The story is the true value in this one. I don't think Silver Strikers were around then, silver is always better!
!BBH
@silversaver888! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @thebighigg. (1/1)
!hiqvote
You received an upvote of 39% from Precious the Silver Mermaid!
Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!
Thank you ssg-community!
!DHEDGE !PIMP
@thebighigg has already received an upvote for this post. You still have 11.0 vote calls available today.
You must be killin' it out here!
@trumpman just slapped you with 1.000 PIMP, @thebighigg.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/2 possible people today.
Read about some PIMP Shit or Look for the PIMP District
Thanks for the PIMP, I even had your name sake Trump in this post!
!lol
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But that’s a lie. I much prefer the Metric system.
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