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However, when the opportunity came about in June 1978 to lease the Howard Johnson’s Regency Motor Hotel and use the existing facilities to more quickly build a hotel-casino complex, the Traymore site project was put on hold. In May 1977, Edward Sims announced that his investor group would develop a hotel-casino, called the Atlantis, in the marina area. In June 1979, a joint venture to construct a hotel-casino in the marina area was announced by American Motor Inns, Inc. and Great American Industries. In July 1978, American Land Company, headed by Steven Silverberg, announced plans to build a hotel-casino in the marina area, named The Marina Casino.

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• (The hotel was imploded in 1972.) They planned to build Caesars Palace Atlantic City on the site.

Donald Trump then proposed building a 62-story hotel-casino on the site. The ship would have a casino and the cabins would function as a hotel. The project was a venture with the successor company that had tried to develop the Camelot Hotel/Casino. In 1978, an investor group purchased the Ritz-Carlton Atlantic City intending to convert it to a hotel and casino.

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They were seeking to have the land rezoned from industrial to commercial use. At the time, it would have been the largest yacht in the world, costing $75 million and having 35,000 square feet of casino space on three levels. In 1996, Donald Trump proposed building a 430-foot yacht, docking it next to the Trump’s Castle resort in the marina district, and opening a casino on the boat. The land was later sold to Colonial Commercial Corp., which defaulted on the mortgage and the land was reacquired by Tran-Expo. In July 1978, the pier was purchased by the Resorts Casino Hotel for non-casino use.

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In 1978, Nortek, Inc, a textile and tombstone company, indicated it planned to invest in a casino. For plans by MGM to build a hotel-casino in the marina area in 2007 see the entry for MGM Grand Atlantic City. The company had formerly owned the Traymore Hotel and the Ambassador Hotel, but sold them before gambling was legalized in the city. In 1977, they conducted a feasibility study to determine whether they should re-enter the Atlantic City market and develop a hotel-casino. The company had also agreed to allow Circus Circus Enterprises and Boyd Gaming to build casinos on the site, but later reneged on the agreement.

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Williams’ wife was a paid consultant and shareholder in Hardwicke Companies, the majority investor in the project, and Williams expected to receive a $1 million finder’s fee for helping arrange financing for the project. Polinsky went on to other ventures in the gambling industry, but was convicted in the mid-1990s of bribery, tax evasion, and securities fraud. Rocky Aoki had come in at the last minute to try to save the project, but the court rejected his claim. They later tried to do a joint venture with the Dunes Hotel and Casino (Atlantic City) project, but that fell through. However, the company was denied permits from the New Jersey Department of Environmental Protection.

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In 1982, Golden Nugget announced plans to purchase the site if it could be rezoned for a hotel-casino. A deed restriction, preventing the property being used as a casino, was lifted in 2011 in exchange for $5.5 million, but no plans were announced for a hotel-casino. In 1986, two theatrical producers, who had recently bought Sardi’s restaurant in New York, announced plans to develop a hotel-casino in the marina district called Sardi’s Broadway Casino Hotel. Robert Maheu, a former aide to Howard Hughes, and Grady Sanders announced plans for a hotel-casino in August 1978, called the Royale Atlantic Hotel.

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Prime Motor Inns had announced in January 1980 that it had approval from lenders for financing for a hotel-casino. However, the casino was never built, and after having financial problems, the company lost ownership of the hotel-casino in Las Vegas in 2010. After Planet Hollywood acquired the Aladdin Resort and Casino in Las Vegas, Nevada, they announced plans in 2005 to open a hotel-casino in Atlantic City. In 1996, Planet Hollywood International Inc., a theme restaurant chain, and ITT Corporation, which had recently acquired Caesars World, announced a joint venture to develop a hotel-casino.

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In August 1977, Jerrold Polinsky, a cable television owner from Minnesota, announced an agreement to lease the Howard Johnson’s Regency Motor Hotel and build a casino. They planned to build one hotel-casino and sell up to three other parcels to other developers. In 2008, Penn National Gaming had two proposals for new hotel-casinos.

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In October 1977, First Artists Production Company confirmed reports that they were negotiating for potential hotel-casino properties in Atlantic City. However, in 1981, they announced that the development was postponed and eventually the project was cancelled. Holiday Inns purchased the Chalfonte Hotel from Resorts Casino Hotel in 1979, intending to demolish the hotel and develop a new hotel-casino. The company applied for a license on January 8, 1980, for the Caesars Palace Atlantic City project but never built anything on the site. After the Benihana Hotel-Casino project stopped, the Shelburne Hotel (Atlantic City) was acquired in 1984 by vegas casino Blumenfeld Development Corp. and the hotel was demolished.