Trump Plaza’s shutdown will imply that as four Atlantic City casinos could 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 present year, and another is facing a second bankruptcy in two years. And now, a fourth has said that they additionally be prepared to shut down in just a few months.
That’s the apparent fate of the Trump Plaza casino, as Trump Entertainment Resorts has said that they expect the venue to close on September 16. Although the owners reportedly said that the choice isn’t entirely final, employees were to receive warnings of the anticipated closing on previously this week.
‘Although [the] review have not been completed and no concluding decision is made, the company expects it will end the operations of Trump Plaza Hotel and Casino on or shortly after September 16, 2014,’ the business told the Associated Press.
Trump Plaza Joins Other AC Closures
If the closure goes through as expected, the effect 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 about to close in August. Meanwhile, the Revel is in bankruptcy court for the time that is second and may potentially shut if a buyer for the pro Read More