The Trump Plaza Casino in Atlantic City may cease operations in September, leaving over 1,000 employees without their jobs, reports Bloomberg News.

Attorneys for Trump Entertainment Resorts Inc. said yesterday that the property may shutter as soon as Sept. 16.  Notices will be sent to more than 1,000 workers as soon as next week to warn them of the possible closure, said Assemblyman Vincent Mazzeo, a Democrat who represents Atlantic City in the New Jersey legislature.

“It’s a done deal — they’re going to move in this direction,” said Mazzeo. “The big issue for this region is that you’ll have 6,000-8,000 people who will now be unemployed. That’s going to have a devastating effect on our economy and on this region,” he said.

Trump Plaza is a 39-floor hotel with 906 rooms and 86,000 square feet of casino space, according to the company’s website. The Trump Taj Mahal in Atlantic City is also operated by Trump Entertainment.

A gaming industry hub, Atlantic City has failed to rebound from the worst U.S. recession since World War II. The Atlantic Club casino closed its doors in January, Revel, a $2.4 billion mirrored-glass casino is in bankruptcy, searching for a buyer, and on Aug. 31 Caesars Entertainment Corp. will shut down Showboat, a property the company owns on the Atlantic City boardwalk.

Neighboring states including Pennsylvania, Maryland and New York have added gambling outlets to boost their tax coffers. The competition has resulted in lost casino-generated revenue for Atlantic City. Casino revenue has dropped for seven consecutive years, and in 2013 fell to $2.8 billion from a high of $5.2 billion in 2006, according to Bloomberg Industries.

In 2010 New Jersey Governor Chris Christie announced a five-year turnaround plan for Atlantic City, including a marketing push to increase non-gaming tourism. In November the state introduced online gambling to attract new casino business, but the move has not produced the revenue expected.

“All these casinos can’t be supported now because of regional competition,” said Mazzeo.