Casino Says Standoff Was a Blow to Revenue ; Hostage Crisis Cost Estimated $150,000

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ATLANTIC CITY A nearly six-hour standoff at the Showboat Casino- Hotel that began when a masked man who claimed he had a bomb held police at bay from a shuttle bus cost the casino an estimated $150,000, the company said.

Jay Snowden, senior vice president and general manager of the Showboat, said that figure includes between $100,000 to $125,000 in lost gambling revenue, and an additional $25,000 worth of food and beverage business.

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Casino Says Standoff Was a Blow to Revenue ; Hostage Crisis Cost Estimated $150,000

"We're thrilled about the way this turned out in that there were no injuries and everybody ...

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