Making the News

Bloomberg

Originally Published:Monday, July 14, 2014
http://www.bloomberg.com/news/2014-07-14/trump-plaza-to-close-costing-atlantic-city-1-000-jobs.html

Trump Plaza to Close, Costing Atlantic City 1,000 Jobs

By Terrence Dopp
Bloomberg

The seaside resort can support six to eight casinos, based on current betting trends, Joseph Weinert, executive vice president at the consulting firm Spectrum Gaming Group, said today in a telephone interview. The city had 12 before the Atlantic Club closed in January. “It's going to remain one of the major gaming markets in this country,” Weinert said. “But it's not going to be anywhere near where it was from a gross revenue standpoint.”
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