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.
The two Trump casinos in Atlantic City received their Internet gambling permits Thursday, as New Jersey regulators continued preparing for the launch of online gambling next month.
The California development company that plans to buy Atlantic City’s Trump Plaza Hotel and Casino for $20 million says the deal is temporarily on hold.
The Meruelo Group of Downey, Calif., plans to close the deal by May 31. It is the lowest price ever paid for a casino in Atlantic City.
There’s no AC in AC. KYW’s Mike DeNardo reports that gamblers and hotel guests at the Trump Plaza and Caesars were sweltering because the properties have been without air conditioning for two days and counting. […]