According to USA Today, the site of WrestleMania IV and V is expected to close down soon. The site spoke with Trump Entertainment Resorts, who said that while no final decision has been made on the Boardwalk casino, they expect that they will close the building down due to the state of Atlantic City’s crumbling casino market.
The owners said that notices will go out to employees warning about the expected closure. Atlantic City’s casinos are currently suffering from oversaturation, with The Atlantic Club having closed in January, the Showboat closing next month and the Revel seeking a new owner in bankruptcy court. The closures are viewed as necessary in order to ensure than other casinos survive.