Trump Plaza’s shutdown will imply that as four Atlantic City casinos could be closed this year. (Image: Lisa Andres/Flickr)
The casino industry of Atlantic City is currently dealing with an unprecedented freefall. After several years of declining revenues, at least two casinos have already closed or plan to shut this present year, and another is facing a second bankruptcy in 2 yrs. And now, a fourth has stated that they additionally be prepared to shut down in only a couple of months.
This is the apparent fate of the Trump Plaza casino, as Trump Entertainment Resorts has said that they expect the venue to close on September 16. Whilst the owners reportedly said that the decision isn’t entirely last, employees had been to receive warnings associated with the anticipated closing on earlier 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 this year down. 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 second and may potentially close if Continue reading “Atlantic City Trump Plaza Prone to Close in September”