Tag Archives: trump plaza

Trump Plaza could be shut down for 10 years
June 29, 2015
Trump Plaza casino owner Trump Entertainment Resorts filed a deed restriction on Friday with Atlantic County officials to avoid mandatory payments in lieu of taxes. The restriction prevents any buyer from opening a casino on the Atlantic City property for the next 10 years unless the buyer is willing to...
Atlantic Casino Workers March Against Icahn; Trump Casino Bankruptcy Judge Suggests Liquidation
November 20, 2014
Hundreds of union workers marched on Atlantic City’s Boardwalk on Wednesday, protesting the billionaire Carl Icahn‘s role to the anticipated closure of the Taj Mahal casino. President of Local 54 of the Unite-HERE union Bob McDevitt led the march from the Taj Mahal to the Tropicana Casino and Resort, which...
Boyd Gaming Q3 Revenue up 5%
November 3, 2014
Boyd Gaming Group announce a 5.5% Q3 rise in Adjusted EBITDA to $163.9m, as The Borgata benefits from casino closures in Atlantic City and a nice juicy tax settlement. Speaking on the Boyd Gaming Group earnings call, CEO, Keith Smith said “The third quarter was a solid quarter for our...
New Jersey says Betfair online gambling operations to survive Plaza demise
September 5, 2014
Atlantic City may soon be down to just seven casinos as the Trump Taj Mahal prepares to send its workers official layoff notices. Earlier this week, word leaked that the Trump Entertainment Resorts property was teetering on the brink of filing for Chapter 11 bankruptcy protection. On Thursday, NBC10.com reported...
Donald Trump sues to get name removed from AC casinos
August 7, 2014
Real estate mogul Donald Trump has sued Trump Entertainment Resorts to remove his surname from the Trump Plaza and the Trump Taj Mahal, five years after his AC exodus. Trump claims to be frustrated with Trump Entertainment Resorts, a company he does not own anymore, over the business entity's alleged...
Atlantic City ranked worst for business as state pols seek casino closure delay
July 24, 2014
Wednesday brought a double whammy for the already shaky national image of Atlantic City. First, Forbes ranked the troubled seaside casino community dead last among the nation’s 200 largest metro areas in terms of business climate, which takes into account factors like employment, education levels, the costs of doing business,...