Trump Plaza’s shutdown will imply that as four Atlantic City casinos might be closed this 12 months. (Image: Lisa Andres/Flickr)
The casino industry of Atlantic City is presently dealing with an unprecedented freefall. After many years of declining revenues, at minimum two casinos have already closed or plan to close this present year, and another is facing a second bankruptcy in 2 yrs. And now, a fourth has stated that they additionally expect to shut down in only a months that are few.
That is the fate that is apparent of Trump Plaza casino, as Trump Entertainment Resorts has said that they anticipate the venue to close on September 16. As the owners reportedly said that the choice isn’t entirely last, employees were to get warnings regarding the anticipated closing on previously this week.
‘Although [the] review have not been completed and no concluding decision was made, the business expects it will end the operations of Trump Plaza Hotel and Casino on or shortly after September 16, 2014,’ the company told the Associated Press.
Trump Plaza Joins Other AC Closures
If the closure goes through as expected, the end result could be that as many as a third of Atlantic City’s casinos could close down this year. In January, the Atlantic Club shuttered its doors, while the Showboat is planning to close in August. Meanwhile, the Revel is currently in bankruptcy court for the time that is second and may potentially close i Continue reading Atlantic City Trump Plaza Likely to Close in September