September 16

Owners of Trump Plaza Casino expect closure

2014-07-14
Reading time 56 seg
(US).- The owners of the Trump Plaza casino in Atlantic City say they expect to shut it down in mid-September. If the casino closes, Atlantic City could lose a third of its casinos and a quarter of its casino workforce in less than nine months. Notices warning workers of the expected closing to go out today.

Trump Entertainment Resorts said on Saturday that no final decision has been made yet on the boardwalk casino. But the company says it expects the casino to close its doors September 16. Notices warning employees of the expected closing will go out to the casinos 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, Showboat is closing next month, and Revel might do likewise if a buyer can’t be found in bankruptcy court.

The head of Atlantic City's main casino workers' union demanded state lawmakers help head off what he called a "pending catastrophe" that will affect the state's tourism industry and tax collections.

Trump Entertainment Resorts said 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.'

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