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 currently dealing with an unprecedented freefall. After many years of declining revenues, at minimum two casinos have already closed or plan to close this season, and another is facing a second bankruptcy in two years. And now, a fourth has stated that they also expect you’ll shut down in just a months that are few.
That is the apparent fate of the Trump Plaza casino, as Trump Entertainment Resorts has said that they anticipate the venue to close on September 16. Although the owners reportedly said that the choice isn’t entirely last, employees had been to receive warnings of the expected closing on early in the day this week.
‘Although [the] review have not been completed and no ultimate 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,’ the company told the Associated Press.
Trump Plaza Joins Other AC Closures
If the closure goes through as expected, the effect could be that up to a third of Atlantic City’s casinos could close this year down. In January, the Atlantic Club shuttered its doors, while the Showboat is planning to close in August. Meanwhile, the Revel is in bankruptcy court for the second time, and might potentially shut if a buyContinue reading