The removal of the one-time jewel of former US President Donald Trump’s casino empire clears the way for a prime development opportunity on the middle of the Atlantic City Boardwalk, where the Plaza used to market itself as the city’s “centrepiece”. Overall, it took the building less than 20 seconds to fall. The structure’s collapse started almost like a wave from back to front until it went straight down in a giant cloud of dust that enveloped the beach and boardwalk. The strike, composed of more than 1,000 resort workers, is one of the longest strikes in Atlantic City’s 38-year casino history.Keep reading list of 4 items list 1 of 4 Trump impeachment acquittal not end of legal troubles list 2 of 4 Boeing backs Trump plane emission rule seen by US states as weak list 3 of 4 Biden admin ends Trump-era Houthi ‘terrorist’ designation list 4 of 4 Republicans who voted to convict Trump face censure at home end of listĪ series of loud explosions rocked the building around 9am (14:00 GMT) as spectators looked on from a distance.

Icahn Enterprises, owned by investor Carl Icahn, bought the casino-including the 10 percent stake owned by Trump-after it emerged from bankruptcy in February. Trump resigned as chairman following the company’s bankruptcy in 2009, though he maintained a 10 percent interest in the casino because it retained the name “Trump Taj Mahal.”

The casino was built by Republican presidential candidate Donald Trump, then-Trump Entertainment Resorts chairman, in 1990. A federal judge permitted the casino to eliminate those benefits in 2014, when Trump Entertainment Resorts filed for bankruptcy. The strike by Unite Here Local 54, a union representing hospitality workers in Atlantic City, began in July in protest of the casino’s lack of health insurance and pension benefits.

“Currently the Taj is losing multi-millions a month, and now with this strike we see no path to profitability,” Tony Rodio, president of Tropicana Entertainment, which manages the casino, said in the statement Wednesday. NEWS BRIEF The Trump Taj Mahal Casino in Atlantic City, New Jersey, will close after Labor Day weekend following one month of union strikes, the Press of Atlantic City reports.

Atlantic city casinos that trump owned