FILE - In this July 23, 2014 file photograph, the Revel Casino Hotel, right, stands along the Boardwalk near Trump Taj Mahal Casino, left, with its Chairman Tower, and the Showboat Casino Hotel, second right, in Atlantic City, N.J. Trump opened his Trump Taj Mahal casino 26 years ago, calling it "the eighth wonder of the world." But his friend and fellow billionaire Carl Icahn is closing it Monday morning, making it the fifth casualty of Atlantic City's casino crisis. (AP Photo/Mel Evans, File)
The Associated Press
ATLANTIC CITY, N.J. (AP) - The latest on the closing of Atlantic City's Trump Taj Mahal casino. All times local.
6 a.m.
Trump Taj Mahal casino has closed, becoming the fifth Atlantic City casino to go out of business since 2014.
Monday's closing comes after billionaire owner Carl Icahn failed to reach a deal with union workers to restore health care and pension benefits that were taken away from the workers in bankruptcy court.
The union went on strike July 1, and Icahn decided to shut the place down, determining there was "no path to profitability."
Nearly 3,000 Taj workers are losing their jobs, bringing the total jobs lost by Atlantic City casino closings to 11,000 since 2014.
Donald Trump opened his Trump Taj Mahal casino 26 years ago, calling the sprawling property with its soaring domes, minarets and towers "the eighth wonder of the world."
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5 a.m.
Donald Trump opened his Trump Taj Mahal casino 26 years ago, calling it "the eighth wonder of the world."
But his friend and fellow billionaire Carl Icahn is closing it Monday morning, making it the fifth casualty of Atlantic City's casino crisis.
The sprawling Boardwalk casino will shut its doors at 5:59 a.m., having failed to reach a deal with its union workers to restore health care and pension benefits that were taken away from them in bankruptcy court.
Nearly 3,000 workers are losing their jobs, bringing the total jobs lost by Atlantic City casino closings to 11,000 since 2014.
Trump tells The Associates Press he thinks both sides should have been able to reach a deal to save the casino.
In this Oct. 5, 2016 photo, a striker's sign is displayed on the Boardwalk in Atlantic City, N.J., advising of a walkout against the Trump Taj Mahal casino. In the background is a billboard advertising a promotion from a Pennsylvania casino seeking business from Atlantic City customers. The Taj Mahal will shut down on Monday Oct. 10, 2016, the fifth Atlantic City casino to go out of business since 2014 due in large part to competition from casinos in neighboring states. (AP Photo/Wayne Parry)
The Associated Press
In this Oct. 5, 2016 photo, Tina Condos, center, greets fellow strikers outside the Trump Taj Mahal casino in Atlantic City N.J., while wearing chains to symbolize what she said were oppressive working conditions at the casino, where she had worked since the day it opened in 1990. The casino is to close at 6 a.m. on Monday Oct. 10, 2016, the fifth Atlantic City casino to go out of business since 2014. (AP Photo/Wayne Parry)
The Associated Press
In this Wednesday, Oct. 5, 2016 photo, striking casino workers Chuck Baker, left, and Tina Condos, right, demonstrate outside the Trump Taj Mahal casino in Atlantic City N.J., where both have worked since the day it opened in 1990. The casino is to close at 6 a.m. Monday Oct. 10, 2016, the fifth Atlantic City casino to go out of business since 2014. (AP Photo/Wayne Parry)
The Associated Press
In this Wednesday, Oct. 5, 2016 photo, striking casino workers Chuck Baker, left, and Tina Condos, right, demonstrate outside the Trump Taj Mahal casino in Atlantic City N.J., where both have worked since the day it opened in 1990. The casino is to close at 6 a.m. Monday Oct. 10, 2016, the fifth Atlantic City casino to go out of business since 2014. (AP Photo/Wayne Parry)
The Associated Press
This Wednesday, Oct. 5, 2016 photo, the remnants of a half-gone logo is displayed at the Trump Taj Mahal casino in Atlantic City N.J. The casino is to close at 6 a.m. Monday, Oct. 10, 2016, the fifth Atlantic City casino to go out of business since 2014. (AP Photo/Wayne Parry)
The Associated Press
This Oct. 5, 2016 photo shows the exterior of the Trump Taj Mahal casino in Atlantic City, N.J. The casino is to close at 6 a.m. Monday Oct. 10, 2016_ the fifth Atlantic City casino to go out of business since 2014. (AP Photo/Wayne Parry)(AP Photo/Wayne Parry)
The Associated Press
In this Oct. 5, 2016 photo, Tina Condos, center, greets fellow strikers outside the Trump Taj Mahal casino in Atlantic City N.J., while wearing chains to symbolize what she said were oppressive working conditions at the casino, where she had worked since the day it opened in 1990. The casino is to close at 6 a.m. on Monday Oct. 10, 2016, the fifth Atlantic City casino to go out of business since 2014. (AP Photo/Wayne Parry)
The Associated Press
In this May 17, 2016 photo, a man waits at the main entrance to the Trump Taj Mahal casino in Atlantic City, N.J. Donald Trump, built the casino in 1990, but lost control of it in a bankruptcy last decade. Trump, the Republican presidential nominee, told The Associated Press he will insist that his name be removed from the entire casino once it closes on Monday Oct. 10, 2016. The sign with his name on it above the entrance had been removed at least a week before the casino was to shut down. (AP Photo/Wayne Parry)
The Associated Press
This Tuesday, Oct. 4, 2016 photo, shows gambling chips from the five Atlantic City casinos that will have gone out of business as of Oct. 10, 2016, when the Trump Taj Mahal shuts its doors. Clockwise from top left, the chips are from Revel, Trump Plaza, the Showboat, the Trump Taj Mahal, and The Atlantic Club. (AP Photo/Wayne Parry)
The Associated Press