As expected, the Trump Plaza casino closed its doors this morning after enjoying a run of entertaining gamblers for three decades.
The fourth Atlantic City casino closing of the year following Atlantic Club, Showboat and Revel may not be the last. The Trump Taj Mahal is next in line to be shuttered in November.
New Jersey’s gaming industry has seen revenue chopped almost in half after peaking at $5.2 billion eight years ago. A summit was held early last week under the direction of Gov. Chris Christie to address the problems.
A number of the closed casinos may open at some time in the future. Recent reports indicate that Donald Trump has shown an interest in the casinos that bear his name, while a bid for the Revel has also been accepted.
Trump Plaza lost $4.7 million last year and $7.4 million the first half of this year.