Another defunct casino in Atlantic City, N.J. is reportedly going to be transformed into a waterpark.

Earlier this year, The Press of Atlantic City reported that the bankrupt Revel hotel and casino would be remodeled to include an indoor waterpark.

Now, the Pennsylvania development firm Endeavor Property Group is in talks to purchase the shuttered Atlantic Club Casino Hotel and transform it into an entertainment complex that would include an indoor waterpark and a beach bar.

And it appears the firm and its idea has the support of the city's mayor, Don Guardian, who believes it fits in with the area's evolution from a casino town to a family destination.

“It couldn’t be a more perfect readoption of this property,” he said. Guardian said he particularly likes the plan for an indoor water park, an attraction that would draw more families to Atlantic City and also aid efforts to have the International Swimming Hall of Fame relocate to the resort town.

The trend extends beyond the boundaries of Atlantic City as well. In May, we reported that Casino Magic, which has been closed since it was destroyed by Hurricane Katrina, is in the process of being redeveloped to include an waterpark. This activity is, in part, due to the ongoing increase of indoor waterparks popping up throughout the country.

Read More