In Atlantic City, everyone knows that its casino industry has been going through a difficult period for years. Many observers believe that the U.S’ second city of gambling could become another Chicago, the state where domestic casino industry experienced such crisis. Earlier this year, a casino games establishment in New Jersey closed its doors. And the black series of closing continues with three other casinos, the impact of which would be an increase in the unemployment rate this fall.
Affected gambling establishments include Showboat which will definitely close its doors in August 31, leaving its 2,100 employees on the street and free bonus slots too. Then comes the turn of Trump Plaza in September. This gambling establishment owned by super wealthy businessman Donald Trump will lay off about 1,000 workers. In general, more than 7,000 jobs will be cut. Frightful as it is, the series of casino shutdowns will trigger drastic consequences on the economy of the whole city.
