Rumors had been circulating since Labor Day that the Hilton, now officially called the ACH, wouldn’t be able to make it until Christmas. But they were wrong.

The casino’s parent company, Colony Capital, announced a deal with the lenders they owe a ton of money to that gives them more than $24 million for the struggling Atlantic City casino. In return, Colony will allow the lenders to foreclose on two casinos in Mississippi, the local paper reported today.

So the ACH is no longer on the auction block, and Colony will continue to run it. For the time being.

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