VIDEO: The Closing of an Atlantic City Hotel is Affecting North Jersey
ATLANTIC CITY - The impending closure of Atlantic City's Trump Taj Mahal casino is having an impact that reaches beyond the shore resort. The announced closing is being used to help bolster the arguments of both sides in the November referendum over expanding casinos to North Jersey. Proponents of adding casinos up north say New Jersey is already losing business to nearby states, so new casinos are needed closer its Garden State customers. Opponents argue that Atlantic City's casinos are already so fragile, that three or more may close when faced with new in-state competition. Billionaire owner Carl Icahn says he will shut down the Taj Mahal sometime after Labor Day, citing what he says is the loss of millions of dollars a month. Atlantic City's main casino workers' union has been on strike against the casino since July 1st. Voters will decide in November whether to add two new casinos in North Jersey.