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Business

Workers strike at Trump Taj Mahal

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Business

Workers strike at Trump Taj Mahal

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COMING UP:Workers strike at Trump Taj Mahal

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Almost 1,000 casino workers going on strike in Atlantic City Friday, taking aim at the Trump Taj Mahal. Picketers on the boardwalk chanting, no contract, no peace, after their union was unable to reach a deal with the casino over pay and benefits.
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Reuters' correspondent, Stephanie Kelly.>> At about 6 AM in Atlantic City today, workers at the Trump Taj Mahal walked off the job. These workers are bellmen, servers, casino workers and this happened after the union and the casino failed to reach a tentative settlement yesterday. They are primarily concerned about health and wage benefits, which they weren't able to reach an agreement on.
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>> The Taj Mahal was opened by Donald Trump in 1990, but it's no longer owned and operated by the presumptive Republican presidential nominee. Billionaire Carl Icon, who's pledged his support to the candidate's campaign, and has been floated as a potential Treasury Secretary pick, bought the casino out of bankruptcy in 2014.
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The strike, just ahead of the crucial July 4th holiday weekend, comes at a tough time for most businesses in the embattled Jersey Shore gambling hub. Atlantic City has seen tourism eviscerated as neighboring states have eaten into its casino industry, taking a big bite out of tax revenues. The city, trying to restructure almost a quarter billion dollars in debt, has cut its municipal work force by nearly 30% in the last two years.
00:01:26
It could be worse as walk-outs were averted at four other Atlantic city casinos, including the Tropicana, which is also owned by Icon.