Another Failure: Trump’s Flagship Taj Mahal Casino Closing For Good
The Trump Taj Mahal, which was once the mothership of Donald Trump’s crumbling business empire, will be closing once and for all after Labor Day weekend.
The president and CEO of Tropicana Entertainment, Tony Rodio, issued a statement about the casino shutting its doors, which was once dubbed “the eighth wonder of the world.” He said, “Currently the Taj is losing multi-millions a month, and now with this strike, we see no path to profitability. Our directors cannot just allow the Taj to continue burning through tens of millions of dollars when the union has single-handedly blocked any path to profitability. Unfortunately we’ve reached the point where we will have to close the Taj.”
Leave it to the Trump brand to lay the blame of a poorly managed casino which has lost $100 million at the feet of its workers. Those dealers, bell hops, and bartenders surely drove Trump’s former crown jewel into the ground and it had nothing to do with the decisions of management! “For a few million bucks, he could have had labor peace and a content workforce, but instead he’d rather slam the door shut on these long-term workers just to punish them and attempt to break their strike” raged Local 54 President Bob McDevitt.
It was reported at the end of 2015 Trump Taj Mahal employed around 2,100 individuals.
After Donald Trump was humiliated and forced to declare banktrumpcy with Trump Taj Mahal, one of four Trump bankruptcies, the failing casino was taken over in February 2016 by billionaire Carl Icahn, a longtime friend, and fierce Trump supporter.
Hillary Clinton visited Trump Taj Mahal on July 6, 2016 to rightfully mock Donald Trump and to show her support for the workers and their strike demanding fair payment for services.
A staple of Trump’s debacle of a presidential campaign has been his endless faux-tan bellowing about his ability to “create jobs” for the middle class, and here is yet another crystallized example of evidence to the contrary. Trump ran a casino into the ground, declared banktrumpcy, bailed himself out financially and sent all of his former employees down the river without a paddle.
The loss of these 2,100 jobs will just be the tip of the iceberg that is to be the proverbial Titanic of a Trump presidency. A report by Moody’s predicts President Trump would be the catalyst for 3.5 million Americans losing their jobs. When that happens, you can be certain a President Trump will then call those individuals lazy moochers and seek to revoke their unemployment benefits.
How can there be any doubt in the minds of American workers which candidate is actually fighting for the American middle class?
