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Closure notices sent to Trump Plaza workers
myfoxny.com ^ | July 14,2014 | WAYNE PERRY

Posted on 07/14/2014 1:31:16 PM PDT by Hojczyk

Job losses at Trump Plaza when the Atlantic City casino shuts down in September will be even worse than expected.

Trump Entertainment Resorts began mailing notices to its workers on Monday, informing them that while a final decision has not been reached, management expects to close the casino on Sept. 16.

The notice says 1,153 people will lose their jobs, up from estimates of just over 1,000 last week.

The figure is contained in federally-required WARN notices that must be sent to workers at least 60 days before an anticipated shutdown or mass layoff. In the notice, a copy of which was obtained by The Associated Press, the company lists 1,153 under a section that reads, "Number of employees to be terminated."

The job losses are sending shock waves through what until just a few years ago was the nation's second-largest gambling market. New Jersey has now lost that position to Pennsylvania.

Trump Plaza has been the worst-performing of Atlantic City's 11 casinos, and is one of three casinos currently operating that could close before fall.

The Showboat is closing Aug. 31, and Revel says it will shut down if a buyer can't be found in bankruptcy court.

The Atlantic Club shut down in January.

(Excerpt) Read more at myfoxny.com ...


TOPICS: Business/Economy; News/Current Events
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1 posted on 07/14/2014 1:31:16 PM PDT by Hojczyk
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To: Hojczyk

sadtrombone.mp3


2 posted on 07/14/2014 1:32:23 PM PDT by arbitrary.squid
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To: Hojczyk

You’re fired.


3 posted on 07/14/2014 1:33:14 PM PDT by dware (3 prohibited topics in mixed company: politics, religion and operating systems...)
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Comment #4 Removed by Moderator

To: Hojczyk
Bye-Bye Atlantic City Convention Center. Atlantic City will very soon become the new Detroit by the sea.

It's a shame. Back in the mid 70's they bought up every nice family beach property there was to bulldoze them for casinos.

If supply equals demand, the price for hookers will be $10 by 2016.

5 posted on 07/14/2014 1:37:22 PM PDT by blackdog (There is no such thing as healing, only a balance between destructive and constructive forces.)
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To: Hojczyk

The Northeast Corridor is saturated with casinos. One of the casinos mentioned that might shut down, Revel, is only two years old and has already filed for bankruptcy. Delaware has already had to bail out its casinos. Maryland is opening a casino in Baltimore this summer and there will be another one right off the Capital Beltway and just across the Potomac from VA in 2016. The only untapped market is the Atlantic Coast states from VA to GA. There is just one casino on a Cherokee reservation on the NC side of the Smoky Mountains.


6 posted on 07/14/2014 1:47:06 PM PDT by C19fan
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To: Hojczyk

People have no money to buy gas, much less gamble..................


7 posted on 07/14/2014 1:47:12 PM PDT by Red Badger (I've posted a total of 2,763 threads and 85,286 replies. ...............)
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To: blackdog

I just dont understand how Atlantic City can suffer. Las Vegas can only dream of having the population area that Atlantic City has yet Vegas while in a downturn still crushes them. I think maybe because one is viewed as a weekend trip while the other is a vacation.


8 posted on 07/14/2014 1:49:05 PM PDT by aft_lizard
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To: C19fan

Pretty sure the cost of just staying alive has sapped a lot of discretionary income that would of been “vacation money”.


9 posted on 07/14/2014 1:50:43 PM PDT by ex91B10 (We've tried the Soap Box,the Ballot Box and the Jury Box; ONE BOX LEFT!)
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To: aft_lizard

Bingo! A lot of people go to LV don’t even gamble but like the atmosphere, shows, partying and food. The only reason a person would goes to AC is for gambling. There are much nicer beach cities on the Jersey Shore.


10 posted on 07/14/2014 1:52:34 PM PDT by C19fan
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To: aft_lizard

Vegas Mafioso are better than AC Mafioso.


11 posted on 07/14/2014 1:53:47 PM PDT by Nachoman (libertyarmstx.com is now open!)
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To: aft_lizard
Vegas, however, is diversifying with dance clubs, concerts, and conventions.

Also, Vegas' climate is much more suitable than Atlantic City's, especially during the winter.

I think AC is really an anachronism.

12 posted on 07/14/2014 1:53:58 PM PDT by Extremely Extreme Extremist
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To: aft_lizard

I am not sure if you ever been to AC but if you go off the Broadwalk you are risking your life.


13 posted on 07/14/2014 1:53:59 PM PDT by C19fan
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To: aft_lizard
The population surrounding Atlantic City is low roller middle class. Pennsylvania has approved gambling now and upstate New York is doing the same in the Catskills. The busses brought everyone to Atlantic City from Philadelphia and New York.
14 posted on 07/14/2014 1:56:34 PM PDT by blackdog (There is no such thing as healing, only a balance between destructive and constructive forces.)
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To: aft_lizard
Country clubs are nice because they keep certain people out.

Now apply that rule to getting to Vegas vs. getting to Atlantic City.

15 posted on 07/14/2014 1:58:54 PM PDT by blackdog (There is no such thing as healing, only a balance between destructive and constructive forces.)
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To: C19fan
Agreed, I was amazed what a dump it was back in the 80's. It can't have improved.

some of the Indian Casinos here in New Mexico are very nice, with loads of concerts and shows. And the last time I went, Vegas was no bargain.

Here's Sandia Casino, about 20 minutes from downtown Albuquerque. They have a great outdoor concert venue.


16 posted on 07/14/2014 2:02:52 PM PDT by Tijeras_Slim
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To: aft_lizard

City of AC: 45% African American
City of LV: 11.1% African American


17 posted on 07/14/2014 2:03:37 PM PDT by C19fan
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To: Hojczyk
Job losses at Trump Plaza when the Atlantic City casino shuts down in September will be even worse than expected.

Anyone who has ever been there knows: everything in Atlantic City is "even worse than expected."

18 posted on 07/14/2014 2:05:53 PM PDT by Steely Tom (How do you feel about robbing Peter's robot?)
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To: Hojczyk; All
"The figure is contained in federally-required [emphasis added] WARN notices that must be sent to workers ..."
FR: Never Accept the Premise of Your Opponent’s Argument

While I agree with giving employees such a notice in principle, please bear in mind that the states have never delegated to the feds, expressly via the Constitution, the specific power to regulate intrastate labor issues of any kind. Such constitutionally indefensible federal laws are likely intended to help win votes from low-information voters, voters who have never been taught about the federal government's constitutionally limited powers.

Patriots need to keep in mind that just about the only federal government service that the states delegated to the feds, expressly via the Constitution, the specific power to do, a service that citizens might deal with on an almost daily business, is the US Mail Service as evidenced by the Constitution's Clause 7 of Section 8 of Article I. Otherwise the feds have no constitutional authority to regulate, tax and spend for most other services that citizens now depend on the feds for. (What a mess!)

As a side note concerning the federal government's constitutionally limited powers, please consider the following. The states would sure be a dull, boring place to grow up and live in if parents were to make sure that their children were taught about the federal government's constitutionally limited powers as the Founding States had intended for those powers to be understood. /sarc

Thomas Jefferson had put it this way:

“Cherish, therefore, the spirit of our people, and keep alive their attention. If once they become inattentive to the public affairs, you and I, and Congress and Assemblies, judges and governors, shall all become wolves. It seems to be the law of our general nature.” - Thomas Jefferson (Letter to Edward Carrington January 16, 1787)

19 posted on 07/14/2014 2:25:40 PM PDT by Amendment10
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To: aft_lizard

Crime, corruption, a horrible economy (oopsy! is that racist to say now?), a shortened summer season due to the lack of global warming in the last decade, and 22 new casinos within a 5-hr drive.

Did I cover them all?


20 posted on 07/14/2014 2:36:54 PM PDT by tcrlaf (Q)
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