dave12038457
dave12038457
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October 30th, 2014 at 5:13:39 PM permalink
Things are going from bad to worse for A.C.
http://www.pressofatlanticcity.com/news/casino-closings-take-toll-on-atlantic-city-travel/article_2fa2bdae-607b-11e4-8783-df27201638d5.html
The Pleasantville exchange on the A.C. Expressway has seen a 17% drop in vehicles in Sept. vs last Sept.
Bus traffic is also down 17% while rail ridership has fallen 16%.
How long until the first tumbleweed is spotted on the boardwalk?
SanchoPanza
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October 30th, 2014 at 6:02:25 PM permalink
Quote: dave12038457

How long until the first tumbleweed is spotted on the boardwalk?

Looks more and more like Dec. 2. Has anyone set the over/under yet?
pokerface
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October 30th, 2014 at 6:04:30 PM permalink
Quote: dave12038457


How long until the first tumbleweed is spotted on the boardwalk?


I thought that already happened years ago, well, soon after the neighboring states legalized gambling.
winning streaks come and go, losing streak never ends.
Buzzard
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October 30th, 2014 at 6:49:58 PM permalink
10:00 AM MAY 26 1978
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
aceofspades
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October 30th, 2014 at 8:07:00 PM permalink
Quote: Buzzard

10:00 AM MAY 26 1978





I see what you did there.
Buzzard
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October 30th, 2014 at 8:24:04 PM permalink
No. I was not in line at Resorts. What a wonderful plan that was to revive a city suffering from high unemployment and suburban flight !
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
phendricks
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October 30th, 2014 at 8:27:33 PM permalink
Quote: Buzzard

10:00 AM MAY 26 1978





C' mon big Dick!
Buzzard
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October 30th, 2014 at 8:48:17 PM permalink
Steve Lawrence & Eydie Gorme were the headline entertainers that day and Steve rolled the first dice. CRAPS. Who knew Steve was
predicting the future of AC.
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
1BB
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October 31st, 2014 at 6:11:32 AM permalink
Quote: Buzzard

No. I was not in line at Resorts. What a wonderful plan that was to revive a city suffering from high unemployment and suburban flight !



I was in that line with my bell bottom pants and porn star moustache. :-)
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
7star4now
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October 31st, 2014 at 7:26:28 AM permalink
Quote: phendricks



C' mon big Dick!



10:01 AM MAY 26 1978

A patron from the "UK", issues the first known complaint to an AC casino host.
FatGeezus
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October 31st, 2014 at 10:22:34 AM permalink
Quote: phendricks



C' mon big Dick!



Anyone notice that there aren't any chips on the table anywhere. On the table, on the rail or in the bank.
7star4now
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October 31st, 2014 at 10:56:01 AM permalink
I don't know...Icahn may still have an outside chance at some Taj tax breaks from Kris Kristie Kringle- even if he's lost some of his Santa padding- he's on his national Presidential tour rehearsal, & national headlines praising him as savior of 3000 jobs before Christmas could overwhelm his idealology..

"Atlantic County unemployment at 11.4 percent"

"In September, 5,400 more people in Atlantic County were counted as unemployed than in August, with 4,900 of them in the leisure and hospitality industry."

Read More: Atlantic County unemployment at 11.4 percent | http://nj1015.com/atlantic-county-unemployment-at-11-4-percent/?trackback=tsmclip
vendman1
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October 31st, 2014 at 1:40:40 PM permalink
I did notice that. Also that the point seems to have been established as 10. I was wondering how that was possible with no chips in play.

I'm too young to have been at a casino in 1978. But my neighbor tells a great story about how they went up the second weekend Resorts was open with another couple who had a "BJ System". They drove 3 hours from Baltimore to AC...stood in line 2 or 3 hours to get in the door......and you guessed it the guy only brought like $30 and busted out in 10 minutes...and they went straight home. Sounds like a great day.
1BB
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October 31st, 2014 at 1:58:26 PM permalink
Quote: vendman1

I did notice that. Also that the point seems to have been established as 10. I was wondering how that was possible with no chips in play.

I'm too young to have been at a casino in 1978. But my neighbor tells a great story about how they went up the second weekend Resorts was open with another couple who had a "BJ System". They drove 3 hours from Baltimore to AC...stood in line 2 or 3 hours to get in the door......and you guessed it the guy only brought like $30 and busted out in 10 minutes...and they went straight home. Sounds like a great day.



If you bought a buffet ticket you could go to the front of the line. Remember, the casino didn't open until 10am, maybe 8 on weekends.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
dave12038457
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October 31st, 2014 at 2:18:38 PM permalink
I am not overly optimistic as for the fortunes of Taj Mahal. Given the political "sting" received after the Revel tax breaks, I don't think it will happen again.
Also, a few other struggling casinos would ask for similar deals.
BedWetterBetter
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November 2nd, 2014 at 4:58:22 PM permalink
Don't know if any of this info was posted, but just a few Observations I made in my last few visits to Taj.

1) The "Trump Ice" water bottles have been replaced by generic Geyser Mini-Water bottles

2) Random Gift giveaways, even TWO giveaways in one day, that were not sent in the Mailers. But were suddenly posted on the Trump One web site.

3) Dealers openly discussing they are starting work at another casino or in another State in anticipation of the closing while the Pit is standing behind them (not unexpected, but would think Management would not want them to discuss this openly with regular customers)

4) Free Slot and Match play being randomly added or subtracted on the Trump one Site (nothing new, they have done this in years past) but still odd that it appeared or disappeared in the last week on a few accounts that I have access to.

5) Buses to Taj are being cancelled on Saturdays(by a certain Bus company that shall remain nameless)


So take these items for what it's worth and hope to see some of you at the last days, whether it be this month or next!
sc15
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November 2nd, 2014 at 5:26:41 PM permalink
The pit critters are NOT part of management.

They're getting [obscenity removed] just like the dealers are. So I don't think they really care about protecting the company.
JackStraw8004
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November 4th, 2014 at 5:32:34 AM permalink
AC Mayor Guardian declined the Taj money said he will go to Trenton to plead for the state to save the Taj. If your a small business owner in NJ that is struggling how will you feel if the casino gets bailed out while you go under. NJ citizens property tax rebates are lowered or being delayed because the state budget doesn't have the money. No business should get preferential treatment.
vendman1
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November 4th, 2014 at 5:52:38 AM permalink
I wonder if Carl Ichan is bluffing at all in this. He has all ready received some serious cost reductions from the Union. Lets assume any further tax breaks for the Taj are not forthcoming or minimal. Does anybody think he might go ahead and throw the 100M..he promised at the place and try to save it?

Regardless of what he decides to do. They need to decide something soon as people will stay away in droves once the smell of death is on a place. This is all ready happening to a certain extent, I'm sure. I'd say the odds are 60% it closes.
Boz
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November 4th, 2014 at 7:19:32 AM permalink
Quote: vendman1

I wonder if Carl Ichan is bluffing at all in this. He has all ready received some serious cost reductions from the Union. Lets assume any further tax breaks for the Taj are not forthcoming or minimal. Does anybody think he might go ahead and throw the 100M..he promised at the place and try to save it?

Regardless of what he decides to do. They need to decide something soon as people will stay away in droves once the smell of death is on a place. This is all ready happening to a certain extent, I'm sure. I'd say the odds are 60% it closes.



I put it even higher. They have lost most of their business due to the reports of closure and he just wants the player lists for Trop. Look how much he gained from AC Club closing.
7star4now
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November 4th, 2014 at 7:46:03 AM permalink
Creditors Call Trump Entertainment Bankruptcy Plan a ‘Charade’

"The objection calls the plan “patently unconfirmable,” in part because it proposes proceeding with the company’s exit from bankruptcy even if the company’s only remaining property, the Trump Taj Mahal, is closed. ...The plan, the creditors say, is a ploy to preserve hundreds of millions of dollars in tax credits for the benefit of Mr. Icahn."

http://online.wsj.com/articles/creditors-call-trump-entertainment-bankruptcy-plan-a-charade-1415036432
7star4now
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November 7th, 2014 at 10:59:45 AM permalink
"Icahn made $350 million from Trump Entertainment in Atlantic City, UNITE HERE Local 54 Reports"



Read more here: http://www.heraldonline.com/2014/11/07/6506029/carl-icahn-made-350-million-from.html?sp=/100/773/385/#storylink=cpy
BedWetterBetter
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November 11th, 2014 at 4:56:57 AM permalink
For what it's worth, the Trump One web site log-in for checking Comps, Offers and Booking comp Rooms has been down for 4 days straight.

Either they've fired the Web master and Internet marketing staff or they just don't give a damn enough to make the site functional!
Frogger
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November 11th, 2014 at 6:24:43 AM permalink
Quote: BedWetterBetter

For what it's worth, the Trump One web site log-in for checking Comps, Offers and Booking comp Rooms has been down for 4 days straight.

Either they've fired the Web master and Internet marketing staff or they just don't give a damn enough to make the site functional!




Are you using a Trump Plaza card? Did those comps carry over to Taj Mahal? I thought they were all dead
BedWetterBetter
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November 11th, 2014 at 6:32:31 AM permalink
Quote: Frogger

Are you using a Trump Plaza card? Did those comps carry over to Taj Mahal? I thought they were all dead



Makes no difference, similar to TR cards, the Trump One card can be used at either property.

But you can't even log in to Trump One to see your offers at Taj and it's been 4 days now.

Not a good sign, for a place slated to close in 2 days!
Frogger
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November 11th, 2014 at 6:42:15 AM permalink
My Taj account works. I think this is a Plaza related problem

I'll go ask at the desk today when I arrive tonight
vendman1
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November 11th, 2014 at 6:46:18 AM permalink
Quote: BedWetterBetter

For what it's worth, the Trump One web site log-in for checking Comps, Offers and Booking comp Rooms has been down for 4 days straight.

Either they've fired the Web master and Internet marketing staff or they just don't give a damn enough to make the site functional!



I had the same problem for three or four days about 2 weeks ago. Other members said it worked for them. Then mine started working again....I didn't do anything. Weird. I've always been a Taj Mahal player never the Plaza..so that's not it. Budget cuts would be my guess.
vendman1
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November 11th, 2014 at 6:49:03 AM permalink
Update on Taj Trump One Site: Just tried again. Not working for me as of 9:50am EST...second time this has happened recently. Says "we can not log you in at this time".
Artemis
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November 11th, 2014 at 7:48:36 AM permalink
Quote: vendman1

Update on Taj Trump One Site: Just tried again. Not working for me as of 9:50am EST...second time this has happened recently. Says "we can not log you in at this time".



No can do for me, neither. @10:47am (New York time), Taj said:
"Sorry, we are unable to log you in. Please try again later. "
I'm OK with Corps which pick and choose clienteles. Both insurance companies and casinos have the right to pick and choose customers. They may keep profitable ones and kicked out the rest. But, I'm not OK with a casino supervisor who says counting cards... is like stealing food from a buffet (a foodlifting offense), or video-taping a movie in a cinema (a piracy offense).
Frogger
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November 11th, 2014 at 7:54:30 AM permalink
Do your card numbers start with a 7 or 8!
7 is Plaza


If it starts with an 8, then I guess it is a problem for everyone. If a 7, then maybe only Plaza problem
Artemis
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November 11th, 2014 at 9:09:02 AM permalink
Quote: Frogger

Do your card numbers start with a 7 or 8!
7 is Plaza If it starts with an 8, then I guess it is a problem for everyone. If a 7, then maybe only Plaza problem



Mine starts with a 7. Plaza issued me that card years ago. Me thinks the problem's for all Taj and Plaza card holders. Showboat & Plaza were Titanic#1 &2, and Taj will be Titanic#3 soon at the bottom of the sea.
I'm OK with Corps which pick and choose clienteles. Both insurance companies and casinos have the right to pick and choose customers. They may keep profitable ones and kicked out the rest. But, I'm not OK with a casino supervisor who says counting cards... is like stealing food from a buffet (a foodlifting offense), or video-taping a movie in a cinema (a piracy offense).
vendman1
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November 11th, 2014 at 1:54:30 PM permalink
Mine starts with a seven too..but I'm almost positive it was issued originally at the Taj. I've only ever gambled at the Plaza 3 or 4 times ever. The Taj, too many too count. Hmm..I'll be in AC this weekend (not staying at the Taj). But I will stop by the desk and see if they can fix it. Though maybe I shouldn't bother looming closing and all.
Artemis
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November 11th, 2014 at 7:26:29 PM permalink
Quote: Frogger

My Taj account works. I think this is a Plaza related problem

I'll go ask at the desk today when I arrive tonight



My Plaza account works in Taj's kiosk machine (i.e., I checked out today's slots tournament in its kiosk) , but I still was unable to log myself into my account thru this link: https://secure.trumpcasinos.com/index.cfm

BTW, I beat you to the desk :-)

I waited on line, got up to the counter, and complained to a customer service rep. She said that many players had complained already. She asked the computer department days ago to fix the problem.


Update: The computer department does fix the problem today (11/17/2014). I'm looking for the notice of 12/12 closing... The Taj management has not yet posted the notice so far. Stay tune....
I'm OK with Corps which pick and choose clienteles. Both insurance companies and casinos have the right to pick and choose customers. They may keep profitable ones and kicked out the rest. But, I'm not OK with a casino supervisor who says counting cards... is like stealing food from a buffet (a foodlifting offense), or video-taping a movie in a cinema (a piracy offense).
Frogger
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November 11th, 2014 at 8:33:00 PM permalink
Quote: Artemis


BTW, I beat you to the desk :-)



haha...those screwballs basically told me to get lost. Ugh, nice customer service.
7star4now
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November 13th, 2014 at 8:00:19 AM permalink
AP: Taj Mahal closes Dec. 12 if union keeps appeal

http://www.mysanantonio.com/news/article/AP-Taj-Mahal-closes-Dec-12-if-union-keeps-appeal-5890341.php
JackStraw8004
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November 13th, 2014 at 12:10:10 PM permalink
The Taj can close earlier than expected Culture Club cancelled it's US and UK tour. A couple of months ago a spokesman for the Taj said they would stay open through November to accommodate Culture Club concert. Now they have no excuses to shut the doors earlier.
7star4now
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November 13th, 2014 at 8:11:13 PM permalink
Quote: JackStraw8004

The Taj can close earlier than expected Culture Club cancelled it's US and UK tour. A couple of months ago a spokesman for the Taj said they would stay open through November to accommodate Culture Club concert. Now they have no excuses to shut the doors earlier.



In the words of Carl Icahn:

"I'm a man without conviction
I'm a man who doesn't know
How to sell a contradiction
You come and go
You come and go"
7star4now
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November 14th, 2014 at 1:02:21 PM permalink
It appears to be official: AP: Owner says it will close Taj Mahal casino

The owners of Atlantic City's Trump Taj Mahal Casino Resort say they will close it on Dec. 12.

In a filing made Friday with a Delaware bankruptcy court, Trump Entertainment Resorts says its board has approved a shutdown of the casino by Dec. 12.


Read more at http://www.philly.com/philly/business/20141114_ap_99992e374c81455cbef1cc4cfbae4c3a.html#mMKeSIGp15zvpbPY.99
Buzzard
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November 14th, 2014 at 1:09:00 PM permalink
" They said in court papers the closing will happen because Trump Entertainment has not received the state and local tax breaks it sought. "

I knew. First the bridge, and now this. Christie knows " The Donald " will be running against him for the 2016 Republican nomination.

So people lose their jobs, all because of Christie's big fat ego.
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
7star4now
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November 14th, 2014 at 1:28:46 PM permalink
Sometimes, I wonder if it was a mistake to keep the Mafia out of the AC casino biz.

They built the soul of Vegas , before cashing out to the big boys.

This left the AC door open to even worse human beings like Trump, Icahn & hedge fund managers who are just loan-sharks, & have no experience or motivation to run a successful business.

At least the Mafia had a self interest to keep the biz going & keep customers happy.

These guys came in & sucked everything they touched dry - leveraging out the value into their pockets & leaving lenders holding the bag , holding an empty shell of a property. Thousands unemployed, because the casinos were put in such debt, their capital wiped out via financial engineering.
rdw4potus
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November 14th, 2014 at 5:21:06 PM permalink
Quote: 7star4now

In the words of Carl Icahn:

"I'm a man without conviction
I'm a man who doesn't know
How to sell a contradiction
You come and go
You come and go"



An ode to the Taj?

I felt I lost you from the start
In time we could've been so much more
But time is precious I know
In time we could've been so much more
The time has nothing to show because
Time won't give me time
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
Artemis
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November 14th, 2014 at 6:24:51 PM permalink
Quote: 7star4now

It appears to be official: AP: Owner says it will close Taj Mahal casino

The owners of Atlantic City's Trump Taj Mahal Casino Resort say they will close it on Dec. 12.

In a filing made Friday with a Delaware bankruptcy court, Trump Entertainment Resorts says its board has approved a shutdown of the casino by Dec. 12.


Read more at http://www.philly.com/philly/business/20141114_ap_99992e374c81455cbef1cc4cfbae4c3a.html#mMKeSIGp15zvpbPY.99





The writing is on the wall. Per the report below, for the month of October, all AC casinos had done OK (i.e., winnings're up north) except for Taj (i.e., its winnings're down south). Taj's the only casino which dropped 17.4% in winnings.

I'm OK with Corps which pick and choose clienteles. Both insurance companies and casinos have the right to pick and choose customers. They may keep profitable ones and kicked out the rest. But, I'm not OK with a casino supervisor who says counting cards... is like stealing food from a buffet (a foodlifting offense), or video-taping a movie in a cinema (a piracy offense).
7star4now
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November 14th, 2014 at 6:37:58 PM permalink
Quote: Artemis

The writing is on the wall. Per the report below, for the month of October, all AC casinos had done OK (i.e., winnings're up north) except for Taj (i.e., its winnings're down south). Taj's the only casino which dropped 17.4% in winnings.



to be fair, when you tell your customers you are going out of business, that could depress revenue?
7star4now
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November 18th, 2014 at 12:12:36 PM permalink
what's Icahn up to in AC??? "Woman Who Dissed Trump for Years Sells—to Icahn"

wonder if /how closing Taj could possibly relate to this?

"VERA COKING LIVED NEXT TO TRUMP PLAZA, REBUFFED THE DONALD FOR DECADES
Icahn's IEH Investments paid $583,000 for Vera Coking's modest three-story boardinghouse at an auction in August."
The $583,000 sale price was well below the house’s nearly $5 million listing price in 2011. By the time the auction came up last August, the asking price had fallen to $995,000...

"Nate Chait, Coking’s Atlantic City real estate broker, speculated that Icahn could capitalize on any redevelopment plans for the area surrounding Trump Plaza. A governor’s advisory commission that is studying ways to revitalize Atlantic City has discussed the possibility of demolishing Trump Plaza to create room for an expansion of The Walk, the city’s popular shopping and entertainment district. Now concentrated at the foot of the Atlantic City Expressway, The Walk could be extended to the Boardwalk if Trump Plaza were no longer in the way.Chait said the demolition of the old Coking home, followed by the possible razing of Trump Plaza, appears to be the first step in carrying out those redevelopment plans.“From what I heard, it would be demolished and incorporated into the extension of The Walk,” he said. “They’ve talked about making it more of an entertainment area. I don’t think it’s going to be a casino again.”

http://www.pressofatlanticcity.com/news/icahn-revealed-as-coking-house-s-mystery-buyer/article_4f0d5ce4-6eb3-11e4-84fb-f73f13c741bc.html
7star4now
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November 19th, 2014 at 2:21:47 PM permalink
Taj has 9lives? ...This is some soap opera - or game of chicken:

“If the union would drop its appeal against the company, we could save the Taj and your jobs,” Robert F. Griffin, chief executive officer of Trump Entertainment Resorts, said today in a letter to Unite Here Local 54. “Without the uncertainty of the union’s appeal, Carl Icahn would agree to keep the Taj open, invest money and increase wages for all full-time Union employees by $2,000.”

Although in this poker game, Icahn's tell might have been that he just bought another property in AC - he's not taking his bat & ball & leaving town so fast

http://www.bloomberg.com/news/2014-11-19/taj-mahal-to-stay-open-if-union-drops-contract-appeal.html
Boz
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November 19th, 2014 at 2:48:27 PM permalink
Quote: 7star4now

Taj has 9lives? ...This is some soap opera - or game of chicken:

“If the union would drop its appeal against the company, we could save the Taj and your jobs,” Robert F. Griffin, chief executive officer of Trump Entertainment Resorts, said today in a letter to Unite Here Local 54. “Without the uncertainty of the union’s appeal, Carl Icahn would agree to keep the Taj open, invest money and increase wages for all full-time Union employees by $2,000.”

Although in this poker game, Icahn's tell might have been that he just bought another property in AC - he's not taking his bat & ball & leaving town so fast

http://www.bloomberg.com/news/2014-11-19/taj-mahal-to-stay-open-if-union-drops-contract-appeal.html



The damage is already done and he would almost have to run it as a start-up new casinos to try and draw customers back with new promotions and such.
beachbumbabs
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November 19th, 2014 at 2:52:47 PM permalink
What a surprise, that it's all about ripping off Icahn's employees....not.
If the House lost every hand, they wouldn't deal the game.
Artemis
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November 19th, 2014 at 3:01:18 PM permalink
Quote: 7star4now

Taj has 9lives? ...This is some soap opera - or game of chicken:

“If the union would drop its appeal against the company, we could save the Taj and your jobs,” Robert F. Griffin, chief executive officer of Trump Entertainment Resorts, said today in a letter to Unite Here Local 54. “Without the uncertainty of the union’s appeal, Carl Icahn would agree to keep the Taj open, invest money and increase wages for all full-time Union employees by $2,000.”

Although in this poker game, Icahn's tell might have been that he just bought another property in AC - he's not taking his bat & ball & leaving town so fast

http://www.bloomberg.com/news/2014-11-19/taj-mahal-to-stay-open-if-union-drops-contract-appeal.html



Taj may soon use up all its 9-lives. Recently I dropped by Taj and felt depressed. The whole casino was not busy and lack of decent players. I never saw its baccarat pit closed down completely until that day. Its entrance (the stairway to its pit) was blocked off by a wall of 5 chairs. The business was so slow that the-almighty-Taj offerred $5 blackjack in the low roller pit! The $25 bj pit was almost closed except for a few tables open. Some supervisors saw the writing on the wall, already abandoned ship and got jobs in PA casinos.

I hope the Union gives in and thereby extends Taj's closing date further into 2015.
I'm OK with Corps which pick and choose clienteles. Both insurance companies and casinos have the right to pick and choose customers. They may keep profitable ones and kicked out the rest. But, I'm not OK with a casino supervisor who says counting cards... is like stealing food from a buffet (a foodlifting offense), or video-taping a movie in a cinema (a piracy offense).
7star4now
7star4now
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November 20th, 2014 at 6:14:40 AM permalink
Icahn - The new Boardwalk Emperor?

agree with this:
"Icahn may feel that shutting down the Taj...and remodeling/reopening as another brand may actually work better. He's probably right. So he's making all these crazy demands in an effort to make this happen. If he could break the union/get huge concessions from the city/state, he could then try to apply them to the Trop and or the Plaza. Then he takes complete control and does what he wants. I was there last weekend and you could practically see the tumbleweeds blowing through the place. Starting fresh is probably the only viable option at this point. They've chased away so many of their customers. "

partly based on what's already reality, & admittedly, partly my "conspiracy theory" based on what has already happened.

1.He & Loveman colluding to buy AC Club & reselling w/the deed restriction for non-gaming

2. gets a judge to break the Union @Taj

3.just bought a strategic parcel adjacent to the walk

The upcoming (Jan) CZR bankruptcy could easily result in Ceasars/Ballys AC ownership change and/or another closure.

What if Icahn already cut a deal to gain control of those properties ?

He would own practically the whole Boardwalk Monopoly board .

He could reboot AC on his terms, operating at a fraction of the previous operating costs with enough juice to dictate wages , taxes, govt regs.

He'd be the new Nucky Thompson.
Boz
Boz
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November 20th, 2014 at 6:40:38 AM permalink
Quote: 7star4now

Icahn - The new Boardwalk Emperor?

agree with this:
"Icahn may feel that shutting down the Taj...and remodeling/reopening as another brand may actually work better. He's probably right. So he's making all these crazy demands in an effort to make this happen. If he could break the union/get huge concessions from the city/state, he could then try to apply them to the Trop and or the Plaza. Then he takes complete control and does what he wants. I was there last weekend and you could practically see the tumbleweeds blowing through the place. Starting fresh is probably the only viable option at this point. They've chased away so many of their customers. "

partly based on what's already reality, & admittedly, partly my "conspiracy theory" based on what has already happened.

1.He & Loveman colluding to buy AC Club & reselling w/the deed restriction for non-gaming

2. gets a judge to break the Union @Taj

3.just bought a strategic parcel adjacent to the walk

The upcoming (Jan) CZR bankruptcy could easily result in Ceasars/Ballys AC ownership change and/or another closure.

What if Icahn already cut a deal to gain control of those properties ?

He would own practically the whole Boardwalk Monopoly board .

He could reboot AC on his terms, operating at a fraction of the previous operating costs with enough juice to dictate wages , taxes, govt regs.

He'd be the new Nucky Thompson.



I think he is too smart for that. Just not enough business to run that many properties. AC, nor he needs that many.
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