A study of Republican presidential nominee Donald Trump’s record in Atlantic City shows that Trump casinos lost jobs at a greater rate than their rivals, while Trump personally profited, the Wall Street Journal reported today. An analysis by Temple University law professor Jonathan Lipson ranked Trump-branded casinos “the worst” among their peers when it came to jobs over a 14-year period. Lipson, a bankruptcy scholar, found that Trump casinos shed some 7,400 jobs between 1997 and 2010. That works out, on average, to job losses per casino of 900 — 37 percent higher than at other Atlantic City gambling venues in the same period. Trump’s campaign disputes the implication from the analysis that he was a bad casino operator, saying that there were other market forces at work. The campaign said in a statement to the Journal that the organization faced additional challenges of having three Trump casinos competing in the same market, which “turned out to be a disadvantage” once times got tough.
