“Like many of the employees at the Taj Mahal, I wish things had turned out differently.
“Today is a sad day for Atlantic City,” he said Monday. It was then that he decided to close the casino, fearing he would lose an additional $100 million next year. 3, when he determined the $350 million he had lost investing in, and then owning, the Taj Mahal was enough. Icahn reached his own Popeye moment on Aug.
I applaud them: for the first time in 30 years, workers stood up to Carl Icahn and made him throw in the towel.” Trump Plaza opened in 1984 and was once a key aspect of former. Five years ago, the former Trump Taj Mahal casino reopened as Hard Rock, and the former Revel reopened as the Ocean Casino Resort. The Trump Plaza Hotel and Casino in Atlantic City has been demolished, ending a nearly 40-year run at the New Jersey shore. “The workers made a choice that they weren’t going to accept benefits and terms of employment worse than everyone else’s. The two newest casinos in Atlantic City are among the most successful. “Everybody has their Popeye moment: ‘That’s all I can stands I can’t stands no more,’ ” he said. The Taj Mahal becomes the fifth Atlantic City casino to go out of business since 2014, when four others, including Trump Plaza, shut their doors.īob McDevitt, president of Local 54 of the Unite-HERE union, said virtually all of the striking workers feel the same way. Carl Icahn, the billionaire investor, has reached a deal to sell the failed Trump Taj Mahal casino in Atlantic City.