Trump Plaza’s shutdown will signify as four Atlantic City casinos could be closed this 12 months. (Image: Lisa Andres/Flickr)
The casino industry of Atlantic City is presently facing an unprecedented freefall. After years of declining revenues, at minimum two casinos have already closed or plan to shut this season, and another is facing a bankruptcy that is second couple of years. And now, a fourth has said that they additionally be prepared to shut down in just a months that are few.
This 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. While the owners reportedly said that the decision isn’t entirely last, employees had been to get warnings of this expected closing on earlier this week.
‘Although [the] review hasn’t been completed and no final decision has been made, the company 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 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 planning to close in August. Meanwhile, the Revel happens to be in bankruptcy court for the 2nd time, and could potentially close if a customer for Continue reading “Atlantic City Trump Plaza Prone to Close in September”