New Jersey Senate Passes Bill That Could Block Trump Taj Mahal From ReopeningLegislation Aims To Protect Unionized Atlantic City Workers |
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Legislation on the table in New Jersey that would prevent the Trump Taj Mahal from reopening next year without 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 property. 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 allows for Icahn to keep 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 on 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 statement before the Senate vote, according to the AP report.
“I don’t see any reason for anyone to want to invest in the casino industry in Atlantic City given this adversarial investment climate being created by some leaders of our state Legislature, the same ones who are supporting the North Jersey gaming referendum that will certainly result in the closure of many more Atlantic City casinos and future disqualification of their present owners under this bad legislation,” he said.
“It also raises serious questions why anyone would want to invest in the state of New Jersey at all if the state legislature moves forward with this business, job and growth killing legislation.”
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