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Magic Men: Dennis and Aaron Gomes

Can Dennis Gomes, with his son Aaron Gomes, turn around Resorts and save another troubled Atlantic City casino?

By Michael Pritchard
Add Comment Add Comment | Comments: 6 | Posted Sep. 1, 2010

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Dennis Gomes with his son Aaron.

Photo by Kevin McCarty

Dennis Gomes isn’t your typical suit.

In fact, he kind of hates suits.

“I only wore this suit for you guys,” he says, tugging at his collar. “When I’m working, you’ll never catch me in a suit.”

Not typical at all for a guy who has run two major Atlantic City casinos — the Trump Taj Mahal and the Tropicana — and who has just announced plans to purchase the troubled Resorts Casino-Hotel.

It’s Atlantic City’s ultimate suit job, casino president, but Gomes ... well, he has his own ideas.

“I think a suit is just an arbitrary barrier between you and the people,” he continues. “It’s the working guys and the suit guys, and I think that’s just malarkey. And the same with a desk. I never liked that you’re behind a desk and somebody is in front of you in a little chair. You know what I had in my office? A big round table.”

Sitting, uncomfortably, in his spacious game room at his bay-side home in Margate (it’s the suit. It’s making him sweat), Gomes continued to say all kinds of un-suit-like things in a recent interview with Atlantic City Weekly.

“But then you’d never find me in the office anyway,” he says. “I like to get around and meet people. I like talking to the maids and the guys who clean the floors. The doormen, those are my friends. They’re the people I relate to best, because I come from a poor background ... though I never really knew that until I was an adult looking back.”

In an industry where the stars are fabulously wealthy, flamboyant guys like Donald Trump and Steve Wynn (two guys he’s worked for) or corporate wizzes, like Carl Icahn, Gomes is delightfully normal.

And as of about a week ago, he is also the newest “savior” of Atlantic City.

In late August, Gomes announced that he plans to purchase Resorts and try and turn around the city’s first and oldest casino, which was taken over by its lenders last year.

Immediately, a city that has had precious little good news the past two years and has seen its share of the gaming market shrink in the face of growing competition had a little sliver of hope.

Gomes, in his career, has managed 14 different casino resorts for companies such as Trump Entertainment Resorts, Inc. and Aztar Corp. He turned around the Taj Mahal in the ’90s, a property in bankruptcy when he took over, and made it profitable. And while head of the Tropicana, his vision led to the construction of The Quarter, a mix of retail, dining and entertainment venues that has been a resounding success since its debut in 2004.

Though he left both casinos amid some controversy, including a very public spat with Donald Trump, he is seen by the gaming industry as a marketing genius known for attracting attention, and business to his properties.

But does Gomes have the magic for yet another turnaround? And can saving Resorts mean everything else in the city can be saved?

Gomes admits there’s pressure for him to perform, but it’s nothing he hasn’t faced before.

“There is pressure because of what I’ve done before and the success I’ve had in the market,” he says. “So there are expectations. And because Resorts is doing so badly, there are also negative expectations of whether it’s going to make it. There’s a feeling that nobody can turn it around.

“But to me, there’s such a history to that property,” he says. “And when I walked through it, I was so amazed at what I saw. Because the people that were there, not only did they maintain that property, they upgraded it significantly. I walked through there and I realized that this is a gem. It’s got close to 1,000 rooms. It has a 100,000-square-foot casino. It has a showroom that holds about 1,500 people. And it has space to expand.”

Gomes also admits that he has a soft spot for Resorts, a property he investigated when it first opened in 1978.

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COMMENTS

Comments 1 - 6 of 6
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1. daFACTS said... on Sep 1, 2010 at 05:39PM

“Didn't the TROP file bankruptcy???”

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2. AC Brains said... on Sep 2, 2010 at 10:00AM

“I think the point is daFacts, that Gomes' vision was the Quarter which has been and continues to be a huge success in AC since its inception =.”

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3. They Call Me Flip said... on Sep 2, 2010 at 10:38AM

“The Trop filed bankruptcy after being purchased by Columbia-Sussex. Gomes was gone by then.”

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4. Joe Mac said... on Sep 2, 2010 at 12:18PM

“Dennis Gomes has always TRIED to do a good job for his properties. There are many circumstances beyond his (or anyone's) control in AC. If Resorts can be saved, he will do it.”

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5. AC Dude said... on Sep 3, 2010 at 03:45PM

“No matter what anyone says, Dennis Gomes is one of the BEST casino operators in the country. He's the only president I ever worked for (and I've worked for several!) who actually stopped to talk and say "hi" to everyone, from the janitor to the general manager. He brings an air of excitement with him everywhere he goes that motivates everyone around him. He did a great job at the Trop and I hope he can help revive the city now that he has his own joint!”

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6. Anonymous said... on Sep 3, 2010 at 07:24PM

“I think this is GREAT! Dennis Gomes is a mover and a proved shaker! He will be wonderful for that property...just like "MERV" days... <3 it!!!! Can't wait!!!!”

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