Sunday, July 13, 2014

Owners of Trump Plaza casino expect it will close

My Way News - Owners of Trump Plaza casino expect it will close:
"ATLANTIC CITY, N.J. (AP) — Atlantic City's crumbling casino market disintegrated even further Saturday as the owners of the Trump Plaza casino in Atlantic City said they expect to shut down in mid-September.
Trump Entertainment Resorts told The Associated Press that no final decision has been made yet on the Boardwalk casino.
But the company says it expects the casino to close its doors Sept. 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, the Showboat is closing next month and Revel might do likewise if a buyer can't be found in bankruptcy court."

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