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Trump Plaza

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NEWS
July 22, 2014 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - This resort faces the prospect of having four major vacancies on its famed Boardwalk come mid-September. The grim reality sank in July 14 when Trump Plaza issued layoff notices and targeted Sept. 16 as the date to cease operating as a casino. Perception is reality in tourism, experts say, and the Boardwalk is synonymous with Atlantic City. How will four hulking, empty buildings sit with visitors - especially at night - and will they impede tourism when Atlantic City needs it the most?
NEWS
July 14, 2014 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - While the amusement-park sound of slot machines filtered through Trump Plaza on Saturday, the men and women who staff the casino put on their brave faces. While they dealt cards, swept the gaming floor, or emptied trash bins as usual, the crisis in this battered resort had deepened the night before. Owners of Trump Plaza confirmed they plan to close the casino in mid-September and will issue formal layoff notices Monday to about 1,600 employees. "I'm not ready to believe it until I get that notice in my hands, telling me it's time to look for another job," said slot attendant Parimal Mehta, 57, of Egg Harbor Township, who has worked at Trump Plaza for 22 years.
NEWS
December 13, 1998 | By Amy S. Rosenberg, INQUIRER STAFF WRITER
Whatever Hue Q. To was doing to annoy casino patrons in Trump Plaza the night of Sept. 8 - hustling for change, pickpocketing - it was only after casino security stepped in that the real trouble began. Within about 45 minutes, the 25-year-old native of Vietnam was dead, slammed so violently against the wall of a casino back room that the damage to his neck stopped his breathing, according to the county prosecutor and medical examiner. That explanation came later. In the days after To's death, Trump Plaza officials gave this statement, apparently relying on statements from the five security guards who were present when To died: To "stumbled into the arm of a chair.
SPORTS
February 8, 1990 | By Robert Seltzer, Inquirer Staff Writer
When Buster Douglas returns from Tokyo, chances are he will not have to check his senses at customs. They probably will have been separated from him by that pugilistic mugger, Mike Tyson. The undisputed heavyweight champion, returning to the scene of his two- round demolition of Tony Tubbs two years ago, will meet Douglas on Saturday night in Tokyo. While Douglas should become Tyson victim No. 38, at least one group hopes for a competitive fight - the officials at Trump Plaza, which will host the match between Tyson and Evander Holyfield on June 18 in Atlantic City.
ENTERTAINMENT
May 6, 2011
ONCE UPON a time, Trump Plaza was a jewel in the crown of the East Coast's gambling monopoly. In the late 1980s, the midtown gaming hall was, for lack of a better description, the Borgata of its day. Such was its prestige that cartoonist Garry Trudeau chose it as the location for a series of "Doonesbury" cartoons that imagined a comeback concert by an in-hiding-for-a-decade Elvis Presley. It was also the casino that sponsored Mike Tyson's championship boxing matches at what was then Convention Hall.
NEWS
January 23, 1992 | FROM INQUIRER WIRE SERVICES
The Trump Plaza Hotel & Casino expects to become the third of Donald Trump's three casinos to file a bankruptcy plan, officials said yesterday. Trump attorney Joseph Fusco told the Casino Control Commission that the casino intends to file a prepackaged bankruptcy - one that has won approval beforehand from creditors and is designed to speed the trip through bankruptcy court. Under the offer, bondholders would exchange $225 million in bonds paying 12 7/8 percent and an additional $25 million in long-term debt for $200 million in bonds paying 12 percent and $100 million in preferred stock with an annual dividend of 10 percent.
NEWS
July 28, 2014
New Jersey wants to double down on a losing bet. Sites are being considered for proposed North Jersey casinos that would soak up diminishing dollars from an industry that has already overplayed its hand. Both Gov. Christie and Senate President Stephen Sweeney (D., Gloucester) say any casino up north must share proceeds with Atlantic City, just as gaming revenue from the south has traveled north over the years. But what can be the benefit to Atlantic City if new North Jersey casinos lure even more gamblers?
BUSINESS
January 13, 2014 | By Harold Brubaker, Inquirer Staff Writer
When the Atlantic Club Casino Hotel closes Monday, the loss of 1,659 jobs will be a terrible blow to the community, but eliminating a casino with 1,641 slot machines will move Atlantic City closer to gambling's new reality. As casino gambling has spread throughout the Northeast, the amount of money Atlantic City's casinos have won annually from gamblers has fallen 42 percent, from a peak of $5.22 billion in 2006 to $3.05 billion in 2012. Full-year figures for 2013 will not be available until Tuesday, but Atlantic City would have to report its best December since 2007 to reach even $3 billion for the year.
ENTERTAINMENT
July 22, 2014 | BY CHUCK DARROW, Daily News Staff Writer darrowc@phillynews.com, 215-313-3134
ONCE UPON a time, Atlantic City's casino showrooms hummed and buzzed year-round. Classic gaming-hall venues like the Claridge's Palace Theater and the Trump Plaza showroom were dark only when one midweek presentation had ended and another was preparing to open. Today, extended-run presentations, much like the city itself, are pretty much warm-weather attractions - somewhat odd when you consider that summertime is AyCee's peak season and thus less-dependent on such attendance-growing lures.
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ARTICLES BY DATE
NEWS
July 31, 2014 | By Amy S. Rosenberg, Inquirer Staff Writer
Update: The house belonging to Vera Coking was sold at auction for $530,000, plus 10 percent, to a bidder on the phone. The bidder's representative at the auction said he would not answer any questions. But asked if he represented Donald Trump, he said: "That I'll answer. " It was no. Earlier Story ATLANTIC CITY - The white boardinghouse in the shadow of the Trump Plaza belonging to Vera Coking, who famously refused to sell to Donald Trump, will finally be sold Thursday - at auction.
NEWS
July 28, 2014
New Jersey wants to double down on a losing bet. Sites are being considered for proposed North Jersey casinos that would soak up diminishing dollars from an industry that has already overplayed its hand. Both Gov. Christie and Senate President Stephen Sweeney (D., Gloucester) say any casino up north must share proceeds with Atlantic City, just as gaming revenue from the south has traveled north over the years. But what can be the benefit to Atlantic City if new North Jersey casinos lure even more gamblers?
ENTERTAINMENT
July 22, 2014 | BY CHUCK DARROW, Daily News Staff Writer darrowc@phillynews.com, 215-313-3134
ONCE UPON a time, Atlantic City's casino showrooms hummed and buzzed year-round. Classic gaming-hall venues like the Claridge's Palace Theater and the Trump Plaza showroom were dark only when one midweek presentation had ended and another was preparing to open. Today, extended-run presentations, much like the city itself, are pretty much warm-weather attractions - somewhat odd when you consider that summertime is AyCee's peak season and thus less-dependent on such attendance-growing lures.
NEWS
July 22, 2014 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - This resort faces the prospect of having four major vacancies on its famed Boardwalk come mid-September. The grim reality sank in July 14 when Trump Plaza issued layoff notices and targeted Sept. 16 as the date to cease operating as a casino. Perception is reality in tourism, experts say, and the Boardwalk is synonymous with Atlantic City. How will four hulking, empty buildings sit with visitors - especially at night - and will they impede tourism when Atlantic City needs it the most?
NEWS
July 16, 2014
ISSUE | GOV. CHRISTIE Homework to do How commendable of Gov. Christie to raise record amounts for the Republican Party ("Christie hits record in fund-raising effort," June 11). Meanwhile, in New Jersey - if he remembers the state that rocketed him into the national spotlight - we have a low credit rating amid no increase in jobs. The announced closing of the Showboat and Trump Plaza casinos will send thousands onto the unemployment line soon. And Revel? Remember all the tax incentives the governor gave to open that casino?
NEWS
July 16, 2014
The biggest gamble in Atlantic City these days is the gambling business. With Trump Plaza likely breathing its last gaudy gasps, politicians in New Jersey, Pennsylvania, and other states should be hastening to abandon government-sanctioned casinos. But many are poised, like so many problem gamblers, to chase the loss. The probable closure of Trump Plaza, which cruelly left some 1,600 employees to learn they could be laid off from news reports, means Atlantic City stands to lose a third of its casinos in less than a year.
NEWS
July 16, 2014 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - In the latest blow to Atlantic City, layoff notices were issued to Trump Plaza Hotel & Casino employees Monday, advising them that the casino will close in mid-September. That would make Trump Plaza the fourth casino to close or threaten to close in this resort by fall. It also leaves just one Trump-branded casino - the Trump Taj Mahal - from what used to be three. About 1,600 workers would be affected by this latest shutdown. Trump Plaza issued a statement just before noon Monday stating: "WARN notices were sent to the employees of Trump Plaza Hotel and Casino today to advise them that the management and board of directors of Trump Plaza Associates L.L.C.
NEWS
July 14, 2014 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - While the amusement-park sound of slot machines filtered through Trump Plaza on Saturday, the men and women who staff the casino put on their brave faces. While they dealt cards, swept the gaming floor, or emptied trash bins as usual, the crisis in this battered resort had deepened the night before. Owners of Trump Plaza confirmed they plan to close the casino in mid-September and will issue formal layoff notices Monday to about 1,600 employees. "I'm not ready to believe it until I get that notice in my hands, telling me it's time to look for another job," said slot attendant Parimal Mehta, 57, of Egg Harbor Township, who has worked at Trump Plaza for 22 years.
NEWS
July 13, 2014 | By Suzette Parmley and Amy S. Rosenberg, Inquirer Staff Writers
ATLANTIC CITY - The list of casinos closing or expected to close here just keeps growing. Trump Plaza Hotel & Casino will shut its doors for good in mid-September, according to state officials who were briefed Friday by lawyers for the casino. "I believe Sept. 16 is the targeted closure date that we were told," said Assemblyman Vince Mazzeo (D., Atlantic). Mazzeo said he and State Sen. Jim Whelan (D., Atlantic) received a phone call late Friday afternoon from a Trump Plaza lawyer. Atlantic County officials also were briefed, he said.
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