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Trump Plaza, beset by crushing debt, fleeing customers and run-down facilities, has become the fourth casino in Atlantic City to shut down this year.
The 30-year-old casino at the heart of the Boardwalk had been the town's worst performing for years. It won about the same amount from gamblers this year as the market-leading Borgata takes in every two weeks.
Trump Plaza on Tuesday became the latest victim of casino contraction brought on by competition in neighbouring states in the saturated northeastern US gambling market.
Atlantic City began the year with 12 casinos; it now has eight. The Atlantic Club, Showboat and Revel closed, and the Taj Mahal could be next in November.
Theresa Volpe, a cocktail server at the Plaza for 26 years, is looking for a new job - along with 8,000 others cut loose by Atlantic City's casinos since January.
"I don't know if we're going to have a difficult time because of our age," she said. "Someone in their 50s is not necessarily what they want. Friends have been on interviews and they never get called back."
Donald Trump said he "will be taking a very serious look" at buying back the company after it declared bankruptcy this month and that the decision will come down to price. He said he would then have to determine whether Trump Plaza was "viable" and worth reopening.
"I got out years ago, the timing was good, but I feel really badly about the people," Trump said. "I'll take a good strong look at it."
Trump owns a 9 per cent stake in Trump Entertainment Resorts and went to court last month to try to get his name removed from the properties.
Trump Plaza had its heyday in the 1980s and early 1990s. With its dazzling chandeliers, it hosted many a star-studded after-party.
Meanwhile, the Massachusetts Gaming Commission has awarded a licence to Las Vegas developer Wynn Resorts, which wants to build a US$1.6 billion casino on the Mystic River in Everett, just outside Boston.
Wynn says its 100,000 sq ft casino floor and 550-room hotel will employ 4,000 people.
Additional reporting by Reuters


Trump Plaza shuts doors as casino decline continues in Atlantic City

Gamblers have been abandoning Trump Plaza for newer, ritzier casinos for years. Photo: Reuters

Gamblers have been abandoning Trump Plaza for newer, ritzier casinos for years.Photo: Reuters

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Trump Plaza, beset by crushing debt, fleeing customers and run-down facilities, has become the fourth casino in Atlantic City to shut down this year.


Trump Plaza shuts doors as casino decline continues in Atlantic City

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}Trump Plaza, beset by crushing debt, fleeing customers and run-down facilities, has become the fourth casino in Atlantic City to shut down this year.

Trump Plaza, beset by crushing debt, fleeing customers and run-down facilities, has become the fourth casino in Atlantic City to shut down this year.