![]() ![]() “I would never have thought Carl Icahn was so one-dimensional,” said union president Bob McDevitt. ![]() Icahn offered to restore health insurance to Taj Mahal workers, but at a level less than what workers at the city’s other seven casinos receive. The central issue in the strike is restoration of health insurance and pension benefits that previous owners got a bankruptcy court judge to approve in October 2014. Unfortunately we’ve reached the point where we will have to close the Taj.” “Our directors cannot just allow the Taj to continue burning through tens of millions of dollars when the union has singlehandedly blocked any path to profitability. “Currently the Taj is losing multi-millions a month, and now with this strike, we see no path to profitability,” said Rodio. On Thursday, the walkout by Local 54 of the Unite-HERE union will reach its 35th day, eclipsing the 34-day walkout the union staged against seven casinos in 2004. Tony Rodio, president of Tropicana Entertainment, which runs the Taj Mahal, said management decided Wednesday it can no longer operate a money-losing property in the midst of a strike. And the bloodletting may not be over yet: Voters will decide in November whether to permit two new casinos in northern New Jersey just outside New York City, a development that would likely lead to additional casino closures in Atlantic City. ![]()
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