As the Trump Plaza casino folded its hand Tuesday, former owner Donald Trump says he might buy back in the game.
The yellow signs are up on the doors to the boardwalk entrance of Trump Plaza. At 6am it became the fourth casino to close this year and the third since Labor Day Weekend.
It was the tale of two cities Wednesday in Atlantic City with Miss America contestants strutting on the boardwalk and laid- off casino workers filling out unemployment applications at the Convention Center.
New Jersey casino regulators have given final approval to Trump Plaza’s plan to shut down in two weeks.
The Showboat will close Sunday followed by the Revel on Monday with the Trump Plaza slated to close in mid-September affecting nearly 6,000 workers.
A Wall Street firm predicts much of the revenue generated by three Atlantic City casinos that are closing will remain in the city after they’re gone.
Before summer ends, Revel, Trump Plaza, the Showboat and the Atlantic Club will be shuttered ex-casinos, leaving Atlantic City officials looking for a way to avoid having dark, empty shells on its signature Boardwalk.
Atlantic City’s newest casino is shutting its doors just over two years after opening amid high hopes of turning around the crumbling seaside resort’s gambling market.
Dick Morris and Gary R’Nel spoke with Donald Trump on 1210 WPHT about his lawsuit to get his name removed from the Trump Plaza and Trump Taj Majal in Atlantic City
Trump has filed suit in New Jersey Superior Court to end a licensing agreement that puts his name on the Plaza and Taj Mahal hotel-casinos.
The real estate mogul and reality TV star, who presided over a casino empire in the glory days of Atlantic City, filed a lawsuit on Tuesday demanding that his name be stripped from the remaining two.
The rapid disintegration of Atlantic City’s casino market might be an early indicator of what could happen in other parts of the country that have too many casinos.
More than 1,100 Trump Plaza workers were sent layoff notices Monday as AC tourism district officials face the possibility of four casinos closing in 2014.
The announcement of Trump Plaza’s plans to close in mid-September is just another blow to Atlantic City’s largest casino workers union.
Officials within Trump Plaza have yet to offer any comment of confirmation.