This is sad. The Glorious Trump Taj Mahal casino and Hotel will be closed after Labor Day. The Casino Management announced today that the casino will be closed after Labor Day, because of the workers who went on a strike from July 1. This is a real setback for the casino till date.
You know that when Donald Trump opened this glorious casino in Atlantic City, this was the first of its kind and No one would have imagined that the casino will close because of the Bankruptcy charges and ongoing strikes, but it is happening now and things are on negative sides of the casino property. It was one of the biggest casinos in the world which had lots of slots machines, gambling tables and poker rooms in it.
Carl Icahn, the real estate developer and an investor owns this bankrupt casino. He also owns Tropicana Casino and Hotel, which he acquired during bankruptcy.
Tony Rodio, The chief Executive officer of tropical casino said that “The Taj is losing multi Million in a month” because of the strike and there is no signal to make this profitable and that’s why our directors decided to close the Casino.
Meanwhile Bob McDevitt, the leader of local unite here said that Carl Icahn wants to control over the Union and for that reason he can burn the Trump Taj Mahal as well.
Trump opened three casinos in Atlantic City but only Trump Taj mahal was operating with his name. He did not invest much needed money to the casino and made this cash cow for him.
Trump Taj Mahal also got busted because of new casinos opening in nearby place such as in Philadelphia and New York.