atlantic city

Taj Mahal Casino Closing Poker Room for Remake, Planning July Reopen

Atlantic City's Trump Taj Mahal casino is closing its money-losing poker room for a makeover, and plans to reopen it by summer.

Trump Entertainment Resorts CEO Robert Griffin said the room has become unprofitable for the casino, which is struggling to emerge from bankruptcy.

The 48-table poker room will close on Sunday, and is set to reopen by July Fourth.

The casino is in the process of being acquired by billionaire investor Carl Icahn, who is swapping $286 million worth of debt he owns in Trump Entertainment in return for ownership of the company.

Icahn has put up $20 million to keep the Taj Mahal open and operating through the bankruptcy process.

Copyright AP - Associated Press
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