Stockton considering offers for former Showboat casino

Stockton University says it’s weighing “several” expressions of interest in the former Showboat casino property it now owns.

The university’s board of trustees held a special meeting Monday to consider the offers. Acting president Harvey Kesselman says he hopes to sell the property “in the near future.”

Stockton bought the shuttered casino last December, hoping to turn it into a satellite campus. But competing legal claims and restrictions over how the property can be used have prevented that from happening.

The school then tried to sell the Showboat to Glenn Straub, who also owns the former Revel casino, but that deal also fell through.

Stockton still hopes to open a satellite campus elsewhere in Atlantic City.

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