Atlantic City loses another casino -- Trump Plaza

2014-09-16 14

When it opened in 1984, Donald Trump called it the finest building in Atlantic City.

But on Tuesday, the Trump Plaza Hotel & Casino closed its doors indefinitely.

The Donald had previously sued Trump Entertainment -- a company he founded but no longer controls -- to have his name taken off the casino. He said the company let the casino fall into "an utter state of disrepair."

Four different Atlantic City casinos have gone belly-up so far this year.

And gamblers are taking their poker chips to more than 40 newer, glitzier casinos that have opened up in neighboring states.

It's a downward spiral for Atlantic City casinos, and the Trump Taj Mahal Casino may fall into that whirlwind as well -- possibly shutting down later this year.