TV News LIES

Tuesday, Aug 09th

Last update05:43:20 AM GMT

You are here News Economy Trump Plaza closes its doors, becomes 4th Atlantic City casino to close this year

Trump Plaza closes its doors, becomes 4th Atlantic City casino to close this year

E-mail Print PDF

Trump casino closesThe supervisor drew his finger in a slashing motion moments after the final hand of blackjack had been dealt at Trump Plaza Hotel & Casino.

And with that, gambling was done.

The 30-year-old casino at the heart of the Boardwalk shut its doors at 6 a.m. Tuesday, becoming the fourth Atlantic City casino to close this year. Beset by crushing debt, fleeing customers and run-down facilities, Trump Plaza had been the town's worst-performing casino for years. This year, it has won about the same amount from gamblers that the Borgata takes in every two weeks. And at pennies on the dollar, no one wanted to buy it.

Trump Plaza thus became the latest victim of casino contraction brought on by competition in neighboring states in the saturated northeastern U.S. gambling market.

Atlantic City began the year with 12 casinos; it now has eight. The Atlantic Club, Showboat and Revel also closed, and the Taj Mahal could be next on Nov. 13.

Yomari Blanco, a housekeeper at Trump Plaza for 18 years, plans to file for unemployment this week, and may go back to school.

More...


Most Recent Related Stories...


US Employers Add 528,000 Jobs, Defy Recession Fears

528K jobs added in July 2022Defying anxiety about a possible recession and raging inflation, America’s employers added a stunning 528,000 jobs...

Drug company AbbVie used Trump tax law to shield profits, Senate report finds

AbbVie used Trump tax laws to hide profits Pharmaceutical giant AbbVie generates almost all of its sales in the United States but has allegedly...

Fed hikes interest rates another 75 basis points as recession warnings flash

Federal ReserveThe Federal Reserve announced another steep interest rate hike Wednesday, ramping up its efforts to bring...

Netflix lays off 300 employees in second round of mass job cuts

Netflix lays off 300 Netflix has laid off 300 employees in a second round of layoffs after letting go 150...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!