Friday, October 28, 2016

New Jersey Senate Passes Bill That would Block Trump Taj Mahal From ReopeningNO Deposit bonus $43

Legislation at the table in New Jersey that may prevent the Trump Taj Mahal from reopening next year and not using a union contract was approved by the state Senate last week.

The legislation would make it so billionaire investor Carl Icahn, the Taj Mahal’s owner, can’t keep his gaming license for the valuables. He closed it on Oct. 10.

The closure came amid a months-long labor dispute with Atlantic City’s main casino workers union. The dispute was over healthcare and pension benefits. Icahn said the casino couldn’t be profitable.

The bill enables Icahn to maintain the license if he and the union reach a deal.

According to the Associated Press, Governor Chris Christie would likely veto the bill if it reached his desk. The Assembly hasn’t voted at the measure yet.

The legislation wouldn’t affect the four Atlantic City casinos that closed in 2014.

Tony Rodio, who ran the Taj Mahal for Icahn and Tropicana Entertainment, blasted the bill in a press release before the Senate vote, in line with the AP report.

“I don’t see any reason behind anyone to wish to take a position within the casino industry in Atlantic City given this adversarial investment climate being created by some leaders of our state Legislature, the similar ones who're supporting the North Jersey gaming referendum to be able to certainly lead to the closure of many more Atlantic City casinos and future disqualification in their present owners under this bad legislation,” he said.

“It also raises serious questions why anyone would need to speculate within the state of latest Jersey in any respect if the state legislature moves forward with this business, job and growth killing legislation.”



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