Trump Plaza’s shutdown will imply that as four Atlantic City casinos could possibly be closed this year. (Image: Lisa Andres/Flickr)
The casino industry of Atlantic City is presently dealing with a freefall that is unprecedented. After several years of declining revenues, at least two casinos have already closed or plan to close in 2010, and another is facing a bankruptcy that is second couple of years. And now, a fourth has stated that they also expect you’ll shut straight down in only a months that are few.
That’s the apparent fate of the Trump Plaza casino, as Trump Entertainment Resorts has said that they anticipate the venue to close on September 16. Even though the owners reportedly said that the choice isn’t entirely last, employees were to receive warnings of this anticipated closing on early in the day this week.
‘Although [the] review has not been completed and no ultimate decision is made, the business expects so 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 effect could be that as many as a third of Atlantic City’s casinos could close down this 12 months. In January, the Atlantic Club shuttered its doors, while the Showboat is likely to close in August. Meanwhile, the Revel happens to be in bankruptcy court for the time that is s […]