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Pink slips to 1,000 casino workers at Atlantic City's Trump Plaza
Source: Reuters
Pink slips to 1,000 casino workers at Atlantic City's Trump Plaza
BY DANIEL KELLEY
Mon Jul 14, 2014 1:43pm EDT
(Reuters) - Layoff notices went out on Monday for roughly 1,000 employees of Atlantic City's Trump Plaza Casino Hotel, in anticipation of a Sept. 16 closure, the company said in a statement.
The pink slips came as the company that owns the casino, Trump Entertainment Resorts, has begun “reviewing alternatives for the property,” the company statement said.
“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 statement said.
The seashore casino is one of the poorest performers in Atlantic City, which began the year with 12 casinos but with the Trump Plaza closing could be down to eight. Trump Plaza booked less than half its rooms in the first quarter of 2014, and had the lowest gaming revenue of any of the city's casinos in May, according to state documents.
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BY DANIEL KELLEY
Mon Jul 14, 2014 1:43pm EDT
(Reuters) - Layoff notices went out on Monday for roughly 1,000 employees of Atlantic City's Trump Plaza Casino Hotel, in anticipation of a Sept. 16 closure, the company said in a statement.
The pink slips came as the company that owns the casino, Trump Entertainment Resorts, has begun “reviewing alternatives for the property,” the company statement said.
“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 statement said.
The seashore casino is one of the poorest performers in Atlantic City, which began the year with 12 casinos but with the Trump Plaza closing could be down to eight. Trump Plaza booked less than half its rooms in the first quarter of 2014, and had the lowest gaming revenue of any of the city's casinos in May, according to state documents.
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Read more: http://www.reuters.com/article/2014/07/14/us-usa-trumpcasino-newjersey-idUSKBN0FJ26S20140714
6 replies
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Love that HOOOOOOOOGE! thing!!!!
