NJ authority opposes Icahn’s plans

Senate President Steve Sweeney has rejected Carl Icahn’s plan for the former Trump Taj Mahal casino.

US.- As Hard Rock International has acquired the president Donald Trump’s gaming facility in New Jersey, Taj Mahal casino, Senate President Steve Sweeney has rejected the former CEO Carl Icahn’s plans of demolishing a closed casino. According to Sweeney, the move would be “another scheme to take advantage of cash-strapped Atlantic City.”

“Carl Icahn is no friend to Atlantic City and he has a record of harsh treatment of working people,” Sweeney said in a statement. “I have serious questions about allowing him to take $5.6 million in funds intended to promote economic development for the city and its residents and instead use the money for his own property. He has a track record as a profiteer who denies fair pay and benefits to workers. His proposal should be rejected.”

The classic facade will be demolished soon and will be replaced by the distinguished Hard Rock International brand, as investor Joseph Jingoli revealed. Operators of Hard Rock Hotel and Casino Atlantic City presented the plans during the Casino Reinvestment’s public hearing last month. “The project will generate more than 1,000 union construction jobs,” Jingoli said, according to Press of Atlantic City. “We expect to open during the summer of 2018.”

The 2018 Memorial Day opening might include restaurant and poolside gambling, fantasy sports betting, skill-based slots and hidden VIP gambling rooms. During a conference earlier this year, Chairman of Hard Rock International Jim Allen said that the proposal is set to create 3000 permanent jobs. The opening would also include approximately 2400 slots and 130 gaming tables.

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Atlantic City Carl Icahn Casinos Donald Trump Hard Rock Taj Mahal