ATLANTIC CITY, NJ—Trump Entertainment Resorts has confirmed earlier reports that it expects to close its Trump Plaza Hotel and Casino this September.
The company told The Associated Press on Saturday that while a final decision about Trump Plaza has not bee made, it expect the casino to close on Sept. 16. Warning notices were to go out to the casino's employees today.
If Trump Plaza closes in September, it will join the Revel Casino Hotel and Showboat Atlantic City Hotel and Casino that have also announced closings in the late summer unless buyers can be found, according to the Press of Atlantic City.
“Can you imagine trying to sell the Boardwalk as a destination when every third or fourth 70- or 80-story high-rise is vacant?” asks Deborah Figart, a Richard Stockton College economics professor with extensive knowledge of the Atlantic City casino industry. “I'm so afraid of blight returning to Atlantic City.”
“It's a disaster,” says New Jersey State Sen. Jim Whelan. “This is going to impact all sectors of the economy, from big stores to real estate values and on and on.” See story in the Press of Atlantic City.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
