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Caesars Atlantic City Hit in $181K Heist. Two thieves robbed at gunpoint

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Caesars Atlantic City Hit in $181K Heist. Two thieves robbed at gunpoint and got away with additional than $180,000 from Caesars Atlantic City on Monday.

Things aren’t great right now in Atlantic City. Gambling enterprises are closing, revenues are falling and profits are drying up month after month. It’s a time when resorts are carefully monitoring every buck that is available in and out of their stability publications. In a nutshell, it’s about the worst time possible for the six-figure sum to go lacking from a single associated with the city’s casinos.

According to police, two masked thieves walked out of Caesars Atlantic City with an increase of than $180,000 on Monday after a smash-and-grab raid on the casino. The robbery apparently occurred on Monday early morning, though police did not immediately release information that is much the important points of the crime. According to United States Of America Today, trooper Alina Spies said that police were investigating the matter, but that they didn’t want to deliver any information that might hinder the investigation that was underway.

Early Robbery morning

Local media, citing authorities sources, said that the robbery involved two suspects who entered Caesars Atlantic City around 6 am. At least one of them had a gun and pulled it before stealing two plastic boxes that contained the stolen cash. They then fled the scene in a motor car at approximately 6:20 am, according to a police bulletin.

The case is being investi Continue reading

Atlantic City Trump Plaza Prone to Close in September

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Atlantic City Trump Plaza Prone to Close in September

Trump Plaza’s shutdown will mean that as four Atlantic City casinos might be closed this year. (Image: Lisa Andres/Flickr)

The casino industry of Atlantic City is presently dealing with a freefall that is unprecedented. After several years of declining revenues, at minimum two casinos have already closed or plan to close this present year, and another is facing a bankruptcy that is second 2 yrs. And now, a fourth has stated that they additionally expect you’ll shut straight down in just a couple of months.

This is the fate that is apparent of Trump Plaza casino, as Trump Entertainment Resorts has said that they anticipate the venue to close on September 16. While the owners reportedly said that the decision isn’t entirely last, employees were to get warnings associated with expected closing on early in the day this week.

‘Although [the] review have not been completed and no concluding decision happens to be made, the business expects so it will terminate the operations of Trump Plaza Hotel and Casino on or shortly after September 16, 2014,’ the business told the Associated Press.

Trump Plaza Joins Other AC Closures

If the closure goes through as expected, the result could be that as much as a third of Atlantic City’s casinos could close this year down. In January, the Atlantic Club shuttered its doors, while the Showboat is planning to close in August. Meanwhile, the Revel is currently in bankruptcy court for the seco Continue reading

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