- Atlantic City can enjoy a new future for beleaguered Taj Mahal casino
- Economic boost thanks to Hard Rock International
The Taj Mahal Casino in Atlantic City, formerly owned by Donald Trump, is set to re-open just months after it closed taking over 2,000 jobs with it.
The casino and five-star hotel, which originally opened in 1990, shut its doors on October 10 last year. There had been a long stand off with unions, tax disputes and an investigation into money laundering but locals campaigned to keep it running and it seems that persistence has paid off, with an investment team headed by Hard Rock International intending to re-open it as a casino once again.
Hard Rock International welcomed
Hard Rock International, which is owned by the Seminole Tribe of Florida, already runs 172 cafes, 24 hotels and 11 casino resorts worldwide and has been welcomed by Atlantic City locals, unions and state Senate President Stephen Sweeney. Sweeney described it as “welcome news not just for the 2,000 union workers…but also for the the greater Atlantic City region as a whole.”
Hard Rock still runs a restaurant at the Taj Mahal employing 100 staff. However, this eatery was losing “millions of dollars” in November as a result of the casino’s closure in October. It was not until December that Trump Taj Mahal Associates LLC informed the Division of Gaming Enforcement that it was going to surrender its license.
New casino to help boost city
The re-opening of the casino is great news not just for Atlantic City, the boardwalk, workers and the local economy. The gaming community flocked to the iconic and brightly lit building due to its ostentatious styling, exciting atmosphere, location and elegance. The Seminole Tribe has a strong record of business success so locals will be hoping the Taj Mahal can return to its former glory.
Jim Allen, chairman of Hard Rock International said: “We are excited to be part of this revitalization of Atlantic City creating thousands of jobs to help local employment.”
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