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Tuesday, December 2, 2014
The Taj Mahal in Atlantic City NJ Set to Close on Dec 12, 2014!
Wow, how the mighty have fallen!!! The Taj Mahal was one of the premiere hotels and casinos in Atlantic City NJ, but now they will be ceasing all operations on Dec 12th. The Hotel/Casino has filed a petition with the Division of Gaming Enforcement to shut down the hotel/casino, but that commission hasn't responded yet. No worries, the hotel/casino is going ahead anyway. The casino will shut down at 5:59 am on Dec 12th, the main cash cage will remain open until 8am so that any patrons still there can cash out. The hotel will not accept any more patrons on Dec 12th and all guest must check out by noon on Dec 12th. What the current owners want to do is transfer ownership to billionaire investor Carl Icahn who holds a $286 million in debts he owns, so if things go right he will forgive the $286 million for ownership of the hotel/casino. Icahn will then spend another $100 million in upgrades and reopen the property. I sure hope so, I've never been to the Taj Mahal nor to Atlantic City but they are both on my bucket list. hahahaha Donald Trump no longer owns the Taj Mahal outright, he only holds a 10% stake in it currently. Good luck people, I sure hope the Taj Mahal is there for years to come, I know those 3,000 employees sure do also!!!!
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