Trump's Taj Mahal is closing next month

Donald Trump's highly-criticized, crime-ridden Atlantic City eyesore, the Taj Mahal, will close after Labor Day weekend due to an ongoing strike by union members, The Associated Press reports. The hotel was opened in 1990 by Trump, although it now belongs to his friend, Carl Icahn; the hotel still prominently bears the Republican nominee's name.

Local 54 of the Unite-HERE union's walkout will become the longest in the 38-year history of Atlantic City's casino era on Thursday after it surpasses the 34-day strike the union staged in 2004. Closing the casino will cost about 3,000 workers their jobs.

"Currently the Taj is losing multi-millions a month, and now with this strike, we see no path to profitability. 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. Unfortunately we've reached the point where we will have to close the Taj," Tony Rodio, the president of Tropicana Entertainment, which runs the hotel, told ABC.

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