Yet Another Atlantic City Casino bites the dust

Question

The city....Continues to crumble...And mind you, this casino was always sitting the most prime piece of real estate around: right at the end of the Atlantic City expressway, with Caesar&#x27;s Palace and was one of two that you had to pass to get to the rest of the strip if you took the Expressway (which virtually everyone used to do).It is absolutely amazing that this casino only brought in $660K of revenues from table games, in ONE MONTH!https://www.philly.com/philly/business/20140712_Trump_Plaza_set_to_close_in_Sept___N_J__officials_say.html

scalabrine · Answer

The city....Continues to crumble...And mind you, this casino was always sitting the most prime piece of real estate around: right at the end of the Atlantic City expressway, with Caesar&#x27;s Palace and was one of two that you had to pass to get to the rest of the strip if you took the Expressway (which virtually everyone used to do).It is absolutely amazing that this casino only brought in $660K of revenues from table games, in ONE MONTH!https://www.philly.com/philly/business/20140712_Trump_Plaza_set_to_close_in_Sept___N_J__officials_say.html

smarterthanyou · Answer

What&#x27;s the average monthly haul for an AC casino?

tjohnsont · Answer

Hasn&#x27;t AC been dying for awhile now?

LeRinkRat · Answer

getting KILLED by nearby states going legal. and btw, "The Donald" maybe a great builder of condos and such BUT he STINKS at managing casinos. couldn&#x27;t even get licensed in Nevada

Bling · Answer

New Jersey fucked up big time with the whole sports gambling thing. With Foxwoods and the other big casinos near New York, combined with cheap airline prices to Vegas, there is no incentive for anybody to go to Atlantic City anymore. Sports betting was the only thing left to differentiate themselves. ohh well, good riddance.

Bling · Answer

That was just table games, they generated 4.6 million from slots.

TheGoldenGoose · Answer

The only thing that can save Atlantic City is Sports Betting.

And Harry Reid will never allow that to happen on his Nevada watch.

Atlantic City property values will plunge.

Only to be resurrected in the roaring 2020's.

Killer_B · Answer

Someone turn out the lights on AC, it&#x27;s over. The casino&#x27;s will look like they were in Detroit in 3 years. The town has nothing to offer because it&#x27;s a slum... It&#x27;s unbelievable to me that Ocean City, MD is probably 100 miles down the coast and is Maryland&#x27;s jewel box. There&#x27;s no reason that AC couldn&#x27;t of been like it WITH CASINOS!I think the last 4 AC mayors have adjoining cells if I&#x27;m not mistaken. It&#x27;s called "Mayor&#x27;s Block".

scalabrine · Answer

B,Believe me, the atlantic city coastline could NEVER rival Maryland&#39;s. If you&#39;ve been here, there is just a vibe along that boardwalk that screams &quot;alright, nothing left to see here. Let&#39;s get back inside and gamble.&quot;

666LES · Answer

Trump only had 10% interest in Trump Plaza just to keep the name&#x27;s sake but this is like #1 casino in Las Vegas going belly=up.

Greyhound · Answer

Wrong.   It&#x27;s the worst performing casino in Atlantic City.Trump Entertainment Resorts has tried for years to sell Trump Plaza, the poorest-performing casino in Atlantic City despite its prime location at the center of the Boardwalk at the end of the Atlantic City Expressway, the resort&#x27;s main gateway into the city. A deal to sell it last year for $20 million to a California firm fell through.It won less than $73 million from gamblers in all of last year, ranking last out of the 12 casinos that operated then. So far this year, it has taken in nearly $21 million, down almost 27% from the same period last year.https://www.usatoday.com/story/money/business/2014/07/12/owners-of-trump-plaza-casino-expect-it-will-close/12569017/

666LES · Answer

Where the Trump Plaza is located this is like dynamiting the Welcome to LasVegas sign in Nevada. Trump Plaza was AtlanticCity gambling.This just shows what the state of AC is and how many dominos are going to fall.

Candy-Man77 · Answer

Well, the Revel &amp; Showboat are going through hard times as well Scal. It&#39;s funny, we actually met years back ~ you&#39;re quite an interesting fellow. I did hard time working at the Sands from 83-89 , you wouldn&#39;t believe the stuff that went down there.

nc1capper · Answer

right - never been to AC . No need to go Vegas rules , cheap air , internet gaming makes even Las Vegas seem like to much hassle

LeRinkRat · Answer

THIS is FUNNY

https://abcnews.go.com/Entertainment/wireStory/apnewsbreak-trump-sues-off-casinos-24856835

Donald Trump has a message for the two Atlantic City casinos that still bear his name, five years after he gave up anything to do with running them: You're fired.

The real estate mogul and reality TV star, who presided over a casino empire in the glory days of Atlantic City, filed a lawsuit on Tuesday demanding that his name be stripped from the remaining two.

says it is "ruining his brand name"

ddjf · Answer

Atlantic City property will plunge? Really, have you seen the surrounding area

ddjf · Answer

he got paid very well for it, now he wants to sue. Double jeporady? Unless his contract specifies, but, who knew AC would fall apart

Yet Another Atlantic City Casino bites the dust

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