Sunday, October 16th, 2016

Trump to close down his Taj Mahal casino in Atlantic City ?

Narada Desk | October 16, 2016 1:16 pm Print
Sources, revealed that the proposed bill by Senate President Steve Sweeney will end up in closing down of the casino

Donald Trump : Republican Presidential candidate

As Republican Party nominee Donald Trump is battling fresh sex allegations, the fate of his famous Trump Taj Mahal casino in Atlantic City is also hanging in the air. At present, the casino remains closed throwing more than 3,000 employees out of job.

While, the management has held the summer long strike by the Local 54’s responsible for the fiasco, the truth is something else.

As per reports, the real reason is believed to be over passing of a recent bill scheduled for next week at the New Jersey State Senate.

Now, the license for running the Taj is with billionaire Carl Ichan and he has blamed on the ongoing strike for the shut down.

Sources, revealed that the proposed bill by Senate President Steve Sweeney will end up in closing down of the casino.

Critics argue that, once implemented it would prohibit any casino owner from renewing a new licence for another five years, if he decides to close his businessmen once.

“What we’re trying to prevent is someone from shutting down a site and holding it hostage and then reopening it up with a non-union workforce,” Sweeney told media adding that, “If you’re going to close it, surrender the license, give Atlantic City a chance.”

Spokespeople for the billionaire so far declined to comment on the developments.

Sources, close to the Sweeney suggest, it has already sparked an enmity to the businessman from various quarters.

“It’s unfortunate that we’re even doing legislation like this,” said the senator. “But when you have unscrupulous business people, you have to watch out.”

The bill is all set to be voted and possible approved on Thursday in the full senate. Companion legislation in the Assembly is now in committee.

Trump has made huge donations to Republican Rep. Frank LoBiondo for over 10 years, which has now made it into headlines.

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