Trump Plaza Casino to Fold, But the Donald Wants to Make Sure You Know That’s Not His Bad

Your News Companion by Ben Mathis-Lilley
July 14 2014 8:33 PM

Trump Plaza Casino to Fold, But the Donald Wants to Make Sure You Know That’s Not His Bad

Trump says he's still "tremendous."

Photo by JEWEL SAMAD/AFP/Getty Images

Over the weekend, the Associated Press reported, Atlantic City’s once-proud casino industry took another hit as the owners of the Trump Plaza casino said they expected to shutdown the operation in two months time. On Monday, the casino followed up by sending layoff notices to some 1,000 employees ahead of the expected closure.

If Trump Plaza does close as expected, “Atlantic City could lose a third of its casinos and a quarter of its casino workforce in less than nine months,” according to the Associated Press. “Bob McDevitt, president of local 54 of the Unite-HERE union, said 7,000 casino workers — or about one in four — have been warned their jobs could disappear within 60 days.” Trump Plaza, built in 1984 for $210 million, has been limping along itself of late and, the AP reports, “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.”


It’s a devastating blow to the city’s economy, built around casinos whose customer base has been whittled away by new gambling outlets in neighboring states. Donald Trump, who now only owns a 10 percent stake in the casino, reacted to the news exactly how you’d expect. “I got out seven years ago; my timing was tremendous," the Donald told the AP over the weekend. Here’s more on his “tremendous” foresight from the AP:

"I let them use my name, but I have nothing to do with it," Trump told the AP on Saturday. "Atlantic City has suffered for years. Many mistakes were made by government, tremendous mistakes, including no reinvestment in town; they would take casino revenue and put it in places that had nothing to do with Atlantic City.

Elliot Hannon is a writer in Washington, D.C. Follow him on Twitter.



Blacks Don’t Have a Corporal Punishment Problem

Americans do. But when blacks exhibit the same behaviors as others, it becomes part of a greater black pathology. 

I Bought the Huge iPhone. I’m Already Thinking of Returning It.

Scotland Is Just the Beginning. Expect More Political Earthquakes in Europe.

Lifetime Didn’t Think the Steubenville Rape Case Was Dramatic Enough

So they added a little self-immolation.

Two Damn Good, Very Different Movies About Soldiers Returning From War

Medical Examiner

The Most Terrifying Thing About Ebola 

The disease threatens humanity by preying on humanity.

Students Aren’t Going to College Football Games as Much Anymore, and Schools Are Getting Worried

The Good Wife Is Cynical, Thrilling, and Grown-Up. It’s Also TV’s Best Drama.

  News & Politics
Sept. 19 2014 9:15 PM Chris Christie, Better Than Ever
Business Insider
Sept. 20 2014 6:30 AM The Man Making Bill Gates Richer
Sept. 20 2014 7:27 AM How Do Plants Grow Aboard the International Space Station?
  Double X
The XX Factor
Sept. 19 2014 4:58 PM Steubenville Gets the Lifetime Treatment (And a Cheerleader Erupts Into Flames)
  Slate Plus
Slate Picks
Sept. 19 2014 12:00 PM What Happened at Slate This Week? The Slatest editor tells us to read well-informed skepticism, media criticism, and more.
Brow Beat
Sept. 19 2014 4:48 PM You Should Be Listening to Sbtrkt
Future Tense
Sept. 19 2014 6:31 PM The One Big Problem With the Enormous New iPhone
  Health & Science
Bad Astronomy
Sept. 20 2014 7:00 AM The Shaggy Sun
Sports Nut
Sept. 18 2014 11:42 AM Grandmaster Clash One of the most amazing feats in chess history just happened, and no one noticed.