Advertisement

Trump Plaza shuts down, the 4th Atlantic City casino this year

FILE - In this July 24, 2014 file photo, several lights are burned out in the illuminated facade of Trump Plaza Hotel Casino in Atlantic City N.J. Trump Plaza is closing on Tuesday Sept. 16, 2014, the fourth Atlantic City casino to go out of business so far this year.(AP Photo/Wayne Parry, FILE).
FILE - In this July 24, 2014 file photo, several lights are burned out in the illuminated facade of Trump Plaza Hotel Casino in Atlantic City N.J. Trump Plaza is closing on Tuesday Sept. 16, 2014, the fourth Atlantic City casino to go out of business so far this year.(AP Photo/Wayne Parry, FILE).

ATLANTIC CITY, N.J. – A fourth Atlantic City casino is going out of business.

Trump Plaza will shut its doors at 6 a.m. Tuesday.

The casino at the centre of the Boardwalk and the end of the Atlantic City Expressway has been declining for years, performing worse than any of the city’s other casinos.

Financial news and insights delivered to your email every Saturday.

It joins the Atlantic Club, the Showboat and Revel, each of which has closed this year.

And the contraction might not yet be over: Trump Plaza’s parent company is threatening to close its sister casino, the Trump Taj Mahal, in November.

The closings are mainly due to growing competition in nearby states in the saturated northeastern U.S. gambling market.

Atlantic City began the year with 12 casinos; by breakfast time Tuesday, it will have eight.

Advertisement

Sponsored content

AdChoices