A somber report from The Washington Post further shows the decline of the American economy. The report (link), from July, states, “Trump Plaza Hotel and Casino, which bills itself as “a first-class experience” at the center of Atlantic City’s famous boardwalk, announced Monday that it will close in September.
This is bleak news for casino’s employees, who received their notices a little more than two months before the casino is expected to close. But it’s also the latest bit of bad news for Atlantic City, a onetime gambling hub that has been in decline for several years.
BYPASS THE CENSORS
Sign up to get unfiltered news delivered straight to your inbox.
More than 1,000 people were sent notices on Monday telling them that they will lose their jobs when the casino closes, according to Trump Entertainment Resorts, which owns the casino. The company said in a statement to The Washington Post that it is “reviewing alternatives” for the property.”
Balenciaga Pedo-gate Blown WIDE OPEN
Klaus Schwab and George Soros Declare China Must Lead New World Order
Klaus Schwab: ‘God Is Dead’ and the WEF is ‘Acquiring Divine Powers’
‘Passion of the Christ’ Star Claims Hollywood Elite Are Trafficking Children For Adrenochrome
Bill Gates Tells World Leaders ‘Death Panels’ Will Soon Be Required
Justin Bieber: Facial Paralysis Is ‘Punishment’ For Exposing Illuminati Pedophilia
Spanish Royalty Expose Who Really Killed Princess Diana
‘Controlled Opposition’: Dave Chappelle’s Family Say He Was Killed and Cloned by the Illuminati
Michael Jackson Was Murdered for Saying SAME Things As Kanye 13 Years Ago
Error 403: The request cannot be completed because you have exceeded your quota..
Domain code: youtube.quota
Reason code: quotaExceeded
“Although this review has not been completed and no final decision has been made, the company expects that it will terminate the operations of Trump Plaza Hotel and Casino on or shortly after September 16, 2014,” the company said in the statement.
The hotel’s owners previously confirmed the closing over the weekend to the Press of Atlantic City. This closure comes a year after the casino was nearly sold. A company in California attempted to purchase it for just $20 million last year, but Carl Icahn, the investor who holds the mortgage, said he would not allow the sale to go forward because he felt the price was too low.
Trump Plaza, which opened in May 1984, employs 1,009 people, according to the New Jersey Division of Gaming Enforcement. The casino has been a poor performer, earning less and less from gamblers. During the first six months of 2014, Trump Plaza’s casino winnings fell by more than 27 percent from the same period last year, the New Jersey Division of Gaming Enforcement reported Monday.”
Read the full report on The Washington Post (link)
Latest posts by Royce Christyn (see all)
- Government Op Who Predicted Super Bowl Score Warns Of Nuclear War - February 18, 2017
- Video: Why Voting Doesn’t Change Anything & Democracy Is A Lie - May 7, 2016
- Did Bible Verse Predict String of Recent Quakes, Volcano, & Foam? - April 17, 2016