Sale of Atlantic Club Casino Hotel cancelled

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The plans to sell Atlantic Club Casino Hotel in New Jersey to a Philadelphia-based company have been cancelled.

The Press of Atlantic City reports that real estate records show that the Feb. 19 filing annuls a notice of a settlement filed in January.

Florida-based TJM Properties previously denied the sale, and a spokesman said he was not sure why the original notice was filed.

Neither TJM Properties nor the person listed as the buyer, Jeffrey Smolinsky of North American Acquisitions, responded to a request for comment.

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