In a statement by the president of Local 54, Bob McDevitt, the union put the blame on mismanagement by Icahn – and threw in a sideshot at Trump, who has floated Icahn as a potential treasury secretary if he wins the presidential election in November. More than 1,000 members of the Local 54 chapter of the Unite-Here union have been on strike since 1 July, demanding restoration of the health insurance and pension benefits that were stripped from the casino’s employees by a bankruptcy court judge in 2014. “Unfortunately, we’ve reached the point where we will have to close the Taj after Labor Day weekend.” “Currently the Taj is losing multi-millions a month, and now with this strike, we see no path to profitability,” Rodio continued.

“Icahn Enterprises saved the Tropicana, and to date has lost almost $100m trying to save the Taj when no other party including the prior equity owners who put it into its recent bankruptcy were willing to invest even one dollar to save it,” Rodio said, referring to Carl Icahn, the current owner of the Trump Taj Mahal, who purchased the final shares of the resort casino from Trump in February.

Atlantic city trump casino bankruptcies