News Briefs for September 10, 2014September 10, 2014
•Trump Entertainment Resorts has filed for Chapter 11 bankruptcy protection and expects to close its Trump Taj Mahal casino in Atlantic City in November. The announcement marks the latest in a string of casino closures in ailing Atlantic City. In addition to Trump Taj Mahal, Trump Entertainment’s Trump Plaza Hotel and Casino is scheduled to close this month, while the Revel and Showboat casinos shuttered last week. In all, Atlantic City casino revenue amounted to $2.9 billion in 2013, down from $5.2 billion in 2006, as loosened gambling rules in neighboring states have increasingly eaten into New Jersey’s dominance on the East Coast. Trump Entertainment Resorts is entering bankruptcy proceedings for the third time, having most recently sought court protection to restructure in 2009.
•Lucas Bols USA has launched Bols Pumpkin Spice liqueur in the U.S. Featuring a blend of fall spices, including nutmeg, cinnamon and cloves, Bols Pumpkin Spice is a seasonal entry targeted toward cocktail and after-dinner occasions. The 21%-abv offering is currently available on- and off-premise nationwide, priced at $11.99 a 750-ml. Bols Pumpkin Spice joins Bols’ existing lineup of more than 30 flavored liqueurs.
•New York-based Riviera Imports is backing its Molly’s Irish Cream brand with a new campaign, “Take The Molly’s Challenge,” which invites consumers, bartenders and retailers to compare Molly’s taste and price to other Irish cream products. The push will run across trade and consumer platforms and also include on- and off-premise promotional materials. Along with Molly’s Irish Cream—which is also introducing a gift pack including two engraved glasses for the holiday season—Riviera Imports markets the Elunés Moscato, Ron Burgundy Blended Scotch and Cu Chulainn Irish whiskey brands, among others.
•James Rees, former president of George Washington’s Mount Vernon estate and a driving force behind the return of whiskey distillation to the estate, has died at the age of 62. Distilled Spirits Council (DISCUS) president Peter Cressy saluted Rees’s “enthusiastic determination to rebuild George Washington’s whiskey distillery to its exact original specifications,” in a project that was completed in 2006 with funding from DISCUS and the Wine and Spirits Wholesalers of America. Rees retired from Mount Vernon due to health reasons in 2012 after a 19-year tenure as president.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.