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ATLANTIC CITY N.J. (Reuters) – Hundreds of unionized workers lashed out at Carl Icahn on Friday, picketing the Trump Taj Mahal Casino where the billionaire activist seeks to terminate health-care and pension plans.
Members of UNITE HERE Local 54 picketed the Atlantic City casino a week after bankruptcy court approved a $US100 million plan by Icahn, who holds the mortgage to the property, which hinges on benefit cuts and tax concessions from city and state governments.
The Taj Mahal was slated to close on Nov. 13 but said it would stay open for an unspecified period after winning benefit cuts in court. But state and local governments have balked at offering tax concessions.
If the Taj closes, it will be the fifth of 12 casinos in the city to close amid fierce competition from casinos in neighbouring states.
“I think it’s horrible,” said Patty Gallagher, a waitress who has worked at the Taj Mahal since it opened and is slated to have a hysterectomy. “I have to have life-threatening surgery scheduled for January moved up to next Wednesday because I wouldn’t be able to pay for it.”
Earlier this month, 24 protesters were arrested for blocking streets in Jersey Shore town that once had the lucrative gambling monopoly on the East Coast but now faces stiff competition from casinos in neighbouring states.
Icahn responded in an open letter on his blog to unionized workers asking them to challenge the local’s leadership saying Trump Entertainment Resort, which owns the Taj Mahal and the shuttered Trump Plaza, begged him to invest in the company at a time when the board of directors refused.
“I can’t understand why the union would not want to help save the Taj,” Icahn told Reuters on Friday. “I can’t understand why they wouldn’t be working to get the city and state to help the Taj.”
In his letter to workers, Icahn said the property was likely to close even with his investment.
Leonard Alprin, a waiter at the Taj Mahal since it opened, said mismanagement is a big factor in the resort’s troubles. He joined the picket line on Friday after getting off his shift Friday, and got stuck in one of the casino’s elevator on the way.
“I’m standing here after 24 years with a stupid sign in my hand begging for a job that pays $US35,000 per year,” Alprin said
