Casino on boardwalk atlantic city

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The finances underlying the current dispute are complex. Ocean Casino Resort spans 20 beachfront acres on the world famous Atlantic City Boardwalk located in North Beach. Other nearby attractions include the Atlantic City Aquarium, Harrah’s Atlantic City Casino and the Atlantic City Convention Center. It was sold months later to Hard Rock International, which gutted it and reopened it as the new Hard Rock Atlantic City in June 2018. The union went on strike on July 1, and the casino shut down on Oct. The deals avoided what would have been the city’s first casino strike since 2016, when the union rejected demands by billionaire Carl Icahn that the Trump Taj Mahal casino operate without health care and pension benefits that were terminated by a bankruptcy court. Top Atlantic City Casinos: See reviews and photos of casinos & gambling attractions in Atlantic City, New Jersey on Tripadvisor. In past contracts, the union concentrated on preserving health care and pension benefits, but this time sought what it termed “significant” raises for workers to help them keep pace with spiraling prices for gasoline, food, rent and other living expenses. Yet those same factors were the driving force behind the union seeking a much larger raise than it had in past years the exact amount has not been made public. The settlements come at a crucial time for Atlantic City and its casino industry, which is striving to recover from losses caused by the pandemic and exacerbated by inflation and a labor shortage.

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