Trump Plaza casino expect mid-September closure


Locutus
#1
ATLANTIC CITY, N.J. Atlantic City's crumbling casino market disintegrated even further Saturday as the owners of the Trump Plaza casino in Atlantic City said they expect to shut down in mid-September.

Trump Entertainment Resorts told The Associated Press that no final decision has been made on the Boardwalk casino. But the company said it expects the casino to close its doors Sept. 16.

Notices warning employees of the expected closing will go out to the casino's 1,000-plus employees Monday.

If Trump Plaza closes, Atlantic City could lose a third of its casinos and a quarter of its casino workforce in less than nine months. The Atlantic Club closed in January, the Showboat is closing next month and Revel might do likewise if a buyer can't be found in bankruptcy court.

Trump Entertainment Resorts told the AP that its managers and board of directors "have been reviewing alternatives for the property.

Although this review has not been completed and no final decision has been made, the company expects that it will terminate the operations of Trump Plaza Hotel and Casino on or shortly after September 16, 2014."

A source with direct knowledge of the situation who was not authorized to speak to the media told the AP that the company has hired a search firm to solicit buyers for Trump Plaza, an effort that remains ongoing. So far, no buyer has emerged.


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Owners of Trump Plaza casino expect mid-September closure | Fox News
 
damngrumpy
#2
Ya so much for the miracle of the Trump name. This is not the first time a Trump
Hotel has closed How come NJ has so much fluctuation? Nevada just rolls along
 
IdRatherBeSkiing
#3
Quote: Originally Posted by damngrumpy View Post

Ya so much for the miracle of the Trump name. This is not the first time a Trump
Hotel has closed How come NJ has so much fluctuation? Nevada just rolls along



More government regulation in Jersey? Or just the fact its in Jersey. Looks like for whatever reason, not enough people are gambling there to keep the casinos open.
 
Toro
#4
Trump's a deadbeat douchebag.

I don't know why anyone would lend money to him.
 
EagleSmack
#5
Plus all the casinos popping up in the North East.


Why go to NJ when I can got to Foxwoods or Mohegan Sun in Connecticut.
 
Count_Lothian
#6
I love Jersey. Never could figure out the jokes about it.
As for Atlantic city , I've enjoyed the prostitutes there. About the only place on earth where the street hooker is regulated off the cuff.

Smart town Atlantic city.

The seagulls are bit aggressive on the boardwalk though.
More then once I had to share a Slice with one of the buggers..lol.

Swooped right down and grabbed a bite out of it.
 
petros
+1
#7  Top Rated Post
Yuck.
 
EagleSmack
#8
Quote: Originally Posted by petros View Post

Yuck.

It's a Jersey Thing


 

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