Trump Taj Mahal closes after years of losses

Posted online October 11, 2016 | 11:28 am

The Trump Taj Mahal, an iconic casino hotel on the Atlantic City boardwalk, closed yesterday after years of financial losses and failed negotiations with employees.

The shutdown of the hotel - owned by billionaire investor Carl Icahn - leaves 3,000 people without jobs.

Icahn said in a statement yesterday the casino lost nearly $350 million over a few years.

About 1,000 employees went on strike July 1 seeking health care and pension benefits.

Read more from USA Today.

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