Trump Entertainment Resorts(ATLANTIC CITY, N.J.) — Trump Taj Mahal closed its doors for good on Monday, nearly three decades after Donald Trump opened the Atlantic City, New Jersey casino and hotel.
In a statement Monday, owner Carl Icahn said it was a “sad day for Atlantic City.”
“Despite our best efforts, which included losing almost $350 million over just a few short years, we were unable to save the Taj Mahal,” he said.
The closing of the hotel and casino followed a failed attempt to reach a deal with union workers over health care and pensions.
“After our last offer, which included medical, was rejected, it was simply impossible to find a workable path forward that would not have required funding additional investments and losses in excess of $100 million over the next year,” Icahn said.
The closure has left close to 3,000 employees without a job.
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