{"id":28210,"date":"2015-04-03T12:26:25","date_gmt":"2015-04-03T19:26:25","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=28210"},"modified":"2015-04-03T12:26:25","modified_gmt":"2015-04-03T19:26:25","slug":"students-protest-icahn-for-blocking-campus-at-showboat-casino","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/students-protest-icahn-for-blocking-campus-at-showboat-casino\/","title":{"rendered":"Students Protest Icahn For Blocking Campus At Showboat Casino"},"content":{"rendered":"
\"Stockton
Stockton University purchased the Showboat in hopes of turning it into a college campus. (Image: Edwards and Company)<\/figcaption><\/figure>\n

Carl Icahn isn\u2019t the most popular guy in Atlantic City at the moment.<\/p>\n

That\u2019s not to say he doesn\u2019t have his supporters: stepping in to save the Trump Taj Mahal<\/a> is bound to make you a few friends, and he seems willing to invest a lot of money and effort in order to save the casino.<\/p>\n

But he\u2019s only willing to do it on his own terms, which has put him against union leaders and others who believe he is giving casino workers a raw deal.<\/p>\n

And now he has yet another group that sees him as the enemy: college students.<\/p>\n

A number of college students joined the protests against Icahn this week, as the investor has made it clear that he will block a plan to turn the former Showboat Casino Hotel into a campus for Stockton University.<\/p>\n

While the school has already purchased the shuttered casino, a covenant from 1988 between the Taj Mahal, Resorts and the Showboat agreed that the Showboat could only ever be \u201ca first-class casino resort.\u201d<\/p>\n

That gives Icahn, the prospective owner of the Trump Taj Mahal, the ability to invoke that clause to block the plan to turn it into a college campus.<\/p>\n

Taj Mahal Worried About College Students Near Casino<\/b><\/h2>\n

For Icahn and Trump Entertainment Resorts (the company that currently owns the Taj Mahal), the issue appears to be one of liability. They\u2019ve said that a college campus next door to their casino will put a high number of underage students in close proximity to the gambling floors.<\/p>\n

That could lead to some students who are under 21 sneaking into the casino to gamble and drink, potentially exposing the casino to fines and other liabilities.<\/p>\n

But students disagree, saying that the casino could control that problem and that the Taj Mahal\u2019s decision to block the campus only hurts their ability to get an education.<\/p>\n

\u201cI want Carl Icahn to know what he\u2019s doing is wrong,\u201d said senior Shannon Herbst. \u201cHe thinks this is a game, and it\u2019s not. It\u2019s my education, and my future.\u201d<\/p><\/blockquote>\n

According to Stockton University President Herman Saatkamp, there\u2019s still reason for optimism about a campus being built at the Showboat site, and he told school trustees that things were \u201clooking positive\u201d earlier this week.<\/p>\n

Florida developer Glenn Straub<\/a>, who had his purchase of the Revel Hotel Casino approved on Thursday, also said that he hoped an agreement could be reached to allow the school to be built there.<\/p>\n

There is also talk that Straub might be interested in buying the Showboat from Stockton University, as the school says they would sell the property if they couldn\u2019t build there.<\/p>\n

Battles Between Ichan and Union Continue<\/b><\/h2>\n

In the grand scheme of things, this battle with a university and its students may be the least of Icahn\u2019s headaches. A more prominent battle with Unite Here Local 54, the union that represents casino workers at the Taj Mahal.<\/p>\n

They\u2019re fighting against benefit cuts that were approved by a bankruptcy judge as a part of Icahn\u2019s proposed takeover of the casino.<\/p>\n

Earlier this week, Icahn once again blasted the union, saying they were one of the reasons why four Atlantic City casinos closed during 2014.<\/p>\n

\u201c[Union president Bob] McDevitt neglects to mention that one-third of Atlantic City\u2019s casinos closed in the last year in no small part because of the work rules and exorbitant contributions to the secretive, immensely profitable union-affiliated health care plan as well as the\u2026pension fund that the union requires,\u201d Icahn said. \u201cSimply put, his union is one of the main contributors to the problems in Atlantic City.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Carl Icahn isn\u2019t the most popular guy in Atlantic City at the moment. That\u2019s not to say he doesn\u2019t have his supporters: stepping in to save the Trump Taj Mahal is bound to make you a few friends, and he seems willing to invest a lot of money and effort in order to save the […]<\/p>\n","protected":false},"author":42,"featured_media":28211,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,13,18],"tags":[],"acf":[],"yoast_head":"\nStudents Protest Icahn for Blocking Campus at Showboat Casino<\/title>\n<meta name=\"description\" content=\"Students from Stockton University have joined local unions in protesting Carl Icahn after he blocked the school\u2019s efforts to build a campus on the former Showboat Casino site.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Students Protest Icahn for Blocking Campus at Showboat Casino\" \/>\n<meta property=\"og:description\" content=\"Students from Stockton University have joined local unions in protesting Carl Icahn after he blocked the school\u2019s efforts to build a campus on the former Showboat Casino site.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/students-protest-icahn-for-blocking-campus-at-showboat-casino\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2015-04-03T19:26:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/04\/Showboat_AC_01.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/students-protest-icahn-for-blocking-campus-at-showboat-casino\/\",\"url\":\"https:\/\/www.casino.org\/news\/students-protest-icahn-for-blocking-campus-at-showboat-casino\/\",\"name\":\"Students Protest Icahn for Blocking Campus at Showboat Casino\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/students-protest-icahn-for-blocking-campus-at-showboat-casino\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/students-protest-icahn-for-blocking-campus-at-showboat-casino\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/04\/Showboat_AC_01.jpg\",\"datePublished\":\"2015-04-03T19:26:25+00:00\",\"dateModified\":\"2015-04-03T19:26:25+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"Students from Stockton University have joined local unions in protesting Carl Icahn after he blocked the school\u2019s efforts to build a campus on the former Showboat Casino site.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/students-protest-icahn-for-blocking-campus-at-showboat-casino\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/students-protest-icahn-for-blocking-campus-at-showboat-casino\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/students-protest-icahn-for-blocking-campus-at-showboat-casino\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/04\/Showboat_AC_01.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/04\/Showboat_AC_01.jpg\",\"width\":1024,\"height\":768,\"caption\":\"Stockton University purchased the Showboat in hopes of turning it into a college campus. 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