Trump Taj Mahal in Atlantic City Is Closing

The Republican nominee is having a rough week.

Mark Makela/Reuters/ZUMA

Facts matter: Sign up for the free Mother Jones Daily newsletter. Support our nonprofit reporting. Subscribe to our print magazine.


The Trump Taj Mahal in Atlantic City, once the crown jewel of Donald Trump’s sprawling casino empire, will officially close because of an ongoing strike and hemorrhaging losses, the Press of Atlantic City reported on Wednesday. The casino, which was originally owned by Trump but went bankrupt, only to be bailed out by billionaire-investor Carl Icahn, will close at the end of the summer.

Tony Rodio, president of Tropicana Entertainment, explained in a statement:

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.

Trump, who filed for bankruptcy four times in the past three decades (one of those times with the Taj Mahal), has used his alleged business acumen as a qualification for the presidency. But as numerous reports have shown, the Republican nominee appears to have exaggerated his successes in real estate and the casino business. 

In July, when Hillary Clinton took aim at her rival’s shoddy business record to make the case that a Trump presidency would destroy the American economy, she stood in front of the Taj Mahal.

The casino’s closure comes as yet another blow during one of the most chaotic weeks of Donald Trump’s presidential campaign. It began when Khizr Khan and his wife appeared at the Democratic National Convention to denounce Trump’s plan to ban Muslims from entering the country. Trump responded by attacking the Khan family. Despite sharp condemnation from top Republican leaders for his remarks, the real estate magnate has remained defiant, refusing to apologize for smearing the Gold Star parents.

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate