"The Showboat has been in business in Atlantic City for 27 years, and all of us at Caesars are extremely proud of the 16 years that our company operated the property," Caesars Entertainment CEO Gary Loveman wrote in a letter to employees. "When considering the legacy of the Showboat, I have no doubt that it will be the pride and resilience of the property's team members that remain as indelible images in the hearts of our customers and colleagues for years to come," he wrote. More than 470 of the casino's 2,000-plus workers are transferring to other casinos the company owns here or in other states. "There was a fun vibe to the Showboat, especially for a wide-eyed young kid like me at the time, and it was the only resort in town that had a bowling alley," he said. Jeffrey Compton, publisher of CDC Gaming Reports, visited Atlantic City in the late 1980s and was struck by how much the casinos resembled one another.