Tropicana Casino Owner Seeking License Back In Atlantic City
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The Tropicana Casino and resort had some tough times after William J. Yung took over as the owner. Within a year, he had severely slashed his employees, and the casino was in rough shape in both appearance and revenue.
In December, Yung lost the rights to the casino after the owner was stripped of his gaming license by the New Jersey Casino Control Commission. Since then, the casino has been being run by former state Supreme Court Justice Gary Stein.
While the Commission has been finalizing a deal to sell the casino, Yung and his lawyers are trying to get their license reinstated. They were in court on Tuesday to try and stop the sale.
“There is nothing in the (law) that suggests licensure depends on the commission’s approval of day to day operations, including staffing. No one has ever been denied a license on the basis of staffing decisions,” said Karen Confoy, attorney for Yung.
The commission sited several different reasons when they stripped Yung of the license in December. In addition to the almost immediate layoffs, there was also cleanliness problems at the casino.
The Commission felt that Yung was in over his head with the Atlantic City casino. “He had never endeavored to operate a casino hotel of this size and magnitude. The records show he was woefully unprepared for that daunting task,” said a lawyer for the casino commission, Steve Ingus.
The casino cannot be sold until a ruling comes down as to whether Yung can have his license back. Judges have stated they do not know when that ruling will occur.