Category Archives: trump taj mahal

Strip club derails Trump Taj Mahal property revival

A strip club that once operated inside the now-shuttered Trump Taj Mahal casino in Atlantic City is standing up for its right to offer adult entertainment at the facility when it reopens under new owners.

Philadelphia Magazine reported that Boardwalk 1000, LLC has brought SCORES Atlantic City to court after the strip club owners pressed the right to reopen their business should the shuttered hotel come back to life as the Hard Rock Atlantic City.

The Taj Mahal officially closed last October, putting nearly 3,000 of its staff out of work. Donald Trump’s buddy Carl Icahn and the union of casino workers failed to agree on a new contract that would cover health insurance and pension benefits.

Strip club derails Trump Taj Mahal property revivalIn March, Hard Rock International struck a deal to acquire the Taj and promptly announced plans to spend $375 million remodeling the joint as the new music-themed Hard Rock Atlantic City, which is set to re-open in summer 2018.

But Boardwalk 1000 claimed that SCORES has been “impeding and compromising” the property owners’ plan to revive the beleaguered property due to the strip club’s insistence that the venue can’t open without them.

SCORES has been a fixture in the controversial property since it leased nearly 300,000 square feet for the pleasure of affluent visitors looking for worldly fun while drinking $25,000-a-bottle champagne.

In its petition filed on Monday, Boardwalk insisted that SCORES has no legal say on how they will run the casino since SCORES’ lease expired in June 2016.

Boardwalk’s counsels maintains that SCORES would jeopardize the Hard Rock’s ability to open on time in summer 2018. To allow SCORES back onto their property would also definitely disparage the Hard Rock brand, according to the lawyers.

They pleaded for the court to rule that SCORES “has no further right to occupy or utilize the space formerly leased by it.” They also appealed to SCORES to give up on their ambition to reopen the strip club in the property.


Source link

New Jersey introduces bill allowing New Jersey casinos to operate during state shutdown

New Jersey lawmakers are no longer taking any chances that Atlantic City casinos might be forced to close in the event of another state government shutdown due to a budget impasse.

New Jersey introduces Bill allowing New Jersey casinos to operate during state shutdownAtlantic City casinos were almost forced to shut down this week after the state legislature and New Jersey Gov. Chris Christie failed to pass a budget on time.

The casino shutdown was averted after both branches of the state government were able to reconcile their differences before the seven-day leeway given to casinos ended.

To prevent such economic inconvenience, The Press of Atlantic City reported that state Senate President Steve Sweeney and Senators Jim Whelan and Jeff Van Drew introduced a bill seeking to amend the law that allows New Jersey’s casinos to keep their doors open for seven days after state government shuts down.

Whelan, who sponsored the original seven-day law, said the new bill will now let the casinos stay open indefinitely.

“The casinos continue to be the driving force for the economy in the city and the entire region,” said Whelan, D-Atlantic. “Atlantic City is turning around, and to allow the casinos to close now or at any time in the future would be destructive to the lives of the casino workers and their families and would create an economic riptide with negative consequences for the entire city and region.”

Several lawmakers, however, raised their eyebrows over the necessity of the bill, especially since “essential” employees are not affected by the state shutdown.

Christie, according to the report, signed an executive order in 2010 that deemed employees at the Casino Control Commission “essential.”

Still, the governor said Sunday that, through the first reading of the 2008 law, he believed the casinos and racetracks around the state were scheduled to close.

All items must go in Taj Mahal Casino Liquidation Sale

Elsewhere in Atlantic City, National Content Liquidators has started the auction of all items inside the shuttered Trump Taj Mahal Casino Resort, which was once owned by President Donald Trump.

Fortune reported that the chandeliers, sofas, coffee tables, televisions, beds, and even a grand piano were among the offerings up for auction, which started on Thursday. The auction will continue until all the items are gone, according to the government liquidators.

Trump opened up the $1 billion casino in 1990 before it filed for bankruptcy the following year.

Billionaire Carl Icahn, who purchased the casino, shut the business for good after a labor dispute. The property was then sold to Hard Rock International in March for about $50 million.


Source link