---
title: Trump Taj Mahal Officially Closes
description: About 3,000 workers are out of a job as a result.
authors:
  - name: Alicia Adamczyk
    url: https://money.com/author/alicia-adamczyk/
    at_money_since: 2015
    articles: 201
    covers:
      - Business
      - Banking
      - Career Advice
      - Credit Cards
      - Economy and Politics
      - Education
      - Housing
      - Identity Theft
      - Insurance
      - Investing
      - Lifestyle
      - Loans
      - Personal Finance
      - Retirement
      - Shopping
      - Taxes
      - Technology
    social:
      - https://x.com/aliciaadamczyk
    former_staff: true
published: '2016-10-10T14:28:31.000Z'
modified: '2024-05-16T11:50:02.000Z'
section: Business
tags:
  - Hotels
  - pubdesk
word_count: 172
canonical: https://money.com/trump-taj-mahal-closed/
type: Article
source: structured-blocks
---

> **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/).

![Trump Taj Mahal Closes In Atlantic City, NJ](https://img.money.com/2016/10/gettyimages-613698612.jpg)
*The Trump Taj Mahal is officially closed.*

The Trump Taj Mahal officially ceased operations Monday.

It was first announced that the hotel and casino, located on the Atlantic City boardwalk, would close in August. About 3,000 workers are out of a job as a result, reports [USA Today](http://www.usatoday.com/story/10/10/trump-taj-mahal-closes-after-years-losses/91845566/). The hotel was formerly owned by Republican presidential nominee Donald Trump and faced numerous bankruptcies over the years.

***Read More: 8 Epic Business Failures with Donald Trump’s Name on Them***

“Currently the Taj is losing multimillions a month, and now with this strike, we see no path to profitability,” Tony Rodio, chief executive of Tropicana Entertainment Inc, said in a statement at the time the hotel's closure was announced. Billionaire Carl Icahn, whose company owned the hotel at the time of its closure, said it lost about $350 million over a short period of time.

This isn't the only Trump-branded casino failure in Atlantic City: As Money has previously written, Trump Plaza, which cost $210 million, to build, "was sold off at the '[fire sale price'](http://www.cnbc.com/id/100463592) of $20 million in 2013."

```json
{
  "@context": "https://schema.org",
  "@graph": [
    {
      "@type": "BreadcrumbList",
      "@id": "https://money.com/trump-taj-mahal-closed/#breadcrumb",
      "itemListElement": [
        {
          "@type": "ListItem",
          "position": 1,
          "name": "Home",
          "item": "https://money.com"
        },
        {
          "@type": "ListItem",
          "position": 2,
          "name": "Business",
          "item": "https://money.com/business/"
        },
        {
          "@type": "ListItem",
          "position": 3,
          "name": "Small Business",
          "item": "https://money.com/small-business/"
        },
        {
          "@type": "ListItem",
          "position": 4,
          "name": "Trump Taj Mahal Officially Closes"
        }
      ]
    },
    {
      "@type": "WebSite",
      "@id": "https://money.com/#website",
      "url": "https://money.com",
      "name": "Money",
      "publisher": {
        "@id": "https://money.com/#organization"
      }
    },
    {
      "@type": "WebPage",
      "@id": "https://money.com/trump-taj-mahal-closed/#webpage",
      "url": "https://money.com/trump-taj-mahal-closed/",
      "name": "Trump Taj Mahal Officially Closes",
      "isPartOf": {
        "@id": "https://money.com/#website"
      },
      "datePublished": "2016-10-10T14:28:31.000Z",
      "mainEntity": {
        "@id": "https://money.com/trump-taj-mahal-closed/"
      },
      "inLanguage": "en-US",
      "breadcrumb": {
        "@id": "https://money.com/trump-taj-mahal-closed/#breadcrumb"
      },
      "dateModified": "2024-05-16T11:50:02.000Z"
    },
    {
      "@type": "Article",
      "headline": "Trump Taj Mahal Officially Closes",
      "articleSection": "Business",
      "image": [
        {
          "@type": "ImageObject",
          "url": "https://img.money.com/2016/10/gettyimages-613698612.jpg",
          "width": 3000,
          "height": 1996,
          "caption": "Trump Taj Mahal Closes"
        }
      ],
      "author": [
        {
          "@type": "Person",
          "name": "Alicia Adamczyk",
          "url": "https://money.com/author/alicia-adamczyk/",
          "@id": "https://money.com/author/alicia-adamczyk/#author",
          "image": "https://img.money.com/2016/01/alicia-headshot-2.jpg?quality=85&w=640&h=640&crop=1",
          "email": "alicia.adamczyk@moneymail.com",
          "sameAs": [
            "https://x.com/aliciaadamczyk"
          ]
        }
      ],
      "publisher": "https://money.com/#organization",
      "datePublished": "2016-10-10T14:28:31.000Z",
      "description": "About 3,000 workers are out of a job as a result.",
      "abstract": "About 3,000 workers are out of a job as a result.",
      "@id": "https://money.com/trump-taj-mahal-closed/",
      "inLanguage": "en-US",
      "dateModified": "2024-05-16T11:50:02.000Z",
      "wordCount": 172,
      "keywords": [
        "Hotels",
        "pubdesk"
      ],
      "about": [
        {
          "@type": "Thing",
          "name": "Business",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Business"
          ]
        },
        {
          "@type": "Thing",
          "name": "Small business",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Small_business"
          ]
        }
      ]
    }
  ]
}
```