Taj Mahal Poker Room Reopening

[toc]The Trump Taj Mahal in

Oct 20, 2019  Poker Player Reviews, ratings, and shared opinions and insights about Trump Taj Mahal in Atlantic City, by the PokerAtlas community. Enjoy modern accommodations, world-class entertainment, delicious dining, and enjoyable casino gaming at Hard Rock Hotel & Casino in Atlantic City.

Atlantic City will close its doors early on Monday, Oct. 10. It will leave the seaside gambling town with justseven brick-and-mortar casinos.

Gamblers who currently have casino chips from the property can redeem them there for two hours after the gambling ceases, the casino said on its Facebook page.

The Trump Taj Mahal’s cage will be open until8 a.m. on Oct 10.

Closing timeline for Trump Taj Majal

Though Trump Taj Mahal casino chips won’tbecome worthless after Oct. 10, here’s a brief look at the schedule for this upcoming weekend for poker players looking to prepare:

  • All register hotel guests must check out by noon on Sunday, Oct. 9.
  • Comp dollars can be redeemed until 11:59 p.m. on Oct. 9.
  • Gaming vouchers and casino chips can be redeemed at the casino until 8 a.m. on Monday, Oct 10. After that point, you can redeem them at Tropicana Atlantic City.
  • The property will close and cease casino and hotel operations on Oct. 10 at 5:59 a.m.
  • Self-parking will end at 5:59 a.m. on Oct. 10, and cars can be retrieved until 5 p.m. on Oct. 10.
  • The valet entrance closes at 5:59 a.m. on Oct. 10, and cars can be retrieved until 1 p.m. on Oct. 10.
  • All promotional offers with valid dates after 5:59 a.m. on Oct. 10 are canceled and invalid.

Why is the casino shutting down?

Despite gaming win falling significantly, the casino’s owner, billionaire Carl Icahn, said that the casino can’t be profitable without cutting its labor costs. The labor union fought back and with no resolution, Icahn moved to close the facility.

Icahn acquired the casino through Chapter 11 bankruptcy in February 2016 for roughly $300 million. At the time, he said he was “confident” he could turn around the casino’s business.

Trump Taj Mahal gaming win in 2016

According to figures from the New Jersey Division of Gaming Enforcement, the casino won $116.5 million from gamblers through the first eight months of this year. That was a 7.9 percent decline compared to the same period a year prior.

The casino was the worst performing in Atlantic City. It wasn’t involved with regulated NJ online gambling.

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The poker room

The casino closed its storied poker room in February 2015. It reopened with 24 tables (down from 48 in the past) in May 2016 and raked $112,000 for the month.

In January 2015, the last full month the poker room was open prior to reopening this year, rake was $178,000. Trump Taj Mahal poker revenue fell to $80,000 in August.

The casino originally planned to reopen the room just months after it closed, but it took over a year for it to do so.

Golden Nugget NJ had poker revenue of $75,000 in August (the least among the city’s poker rooms), but it had just 10 tables.

Citywide, poker revenue (both live and online) was $4.52 million in August. About $2.35 million came from live poker, while $2.17 million came from internet poker.

The Trump Taj Mahal’s poker room was once a decent draw for the property. It raked $3.57 million in 2014, the last full year it was in business. That put it in fourth behind Borgata ($19.87 million), Bally’s ($4.4 million) and Harrah’s ($3.8 million).

Taj Mahal Poker Room Reopening

At this point, its second closing will have a negligible effect on the Garden State poker market.

Image credit: Paul Dempsey / Shutterstock.com

Good news for live game players, as the TrumpTajMahal is planning to reopen their famous poker room after a little over a year since it was closed. This iconic AtlanticCity casino decided it would be a great time to bring back the live poker games and tournaments to their gaming floor, which will be reopening on Friday, May 13. It was speculated that it would take a couple more months to reopen, but it seems they want to get out ahead of the poker craze that has been going on ever since PokerStars came back to the United States, making New Jersey its first stop.

Trying to Boost Poker Revenue

The owners of the property, TropicanaEntertainment, stated that it was looking forward to the reopening of their once famous poker room, hoping it will help boost poker revenue in the state and bring in more players. The room used to boast having the most tables out of any other casino, having 48 tables ready to be played at. With the reopening just around the corner, we still do not know how many tables they will have in the room, but it sounds promising.

The last year their poker room was open was in 2014, and their numbers did not seem too bad, generating $3.57 million, bringing it to fourth behind:

  1. Borgata: $19.87 million
  2. Bally’s: $4.4 million
  3. Harrah’s: $3.8 million

Despite this, they said they were not turning a profit, which is why the closed their doors. Hopefully, things will be different this time around.

Taj Mahal Facts

Planning for a Big Improvement

It seems that Tropicana Entertainment has learned from their mistakes, and taken a page out of the casinos that have successful poker rooms, as they have a fresh new look for their room. President and COO of Tropicana Entertainment, TonyRodio has this to say,

“This is an exciting time for Trump Taj Mahal and we want our players to be a part of it. Our strategy is to put our customers’ interests at the heart of every decision we make as we return the Taj to its rightful place as a leading gaming and entertainment destination.”

Taj Mahal Virtual Tour

As part of their grand reopening, they will be offering some great promotions, including the giveaway of fifty 30” LED TV’s, as well as other assorted prizes like t-shirts and hats. This would be one positive step for the Trump Taj Mahal, although the future of the entire casino is still being debated, as owner CarlIcahn stated that he would not invest money if New Jersey passed the gaming expansion bill. All we can do is wait and see how well the revamped poker room does.