Trump's Atlantic City New Jersey casinos

Trump cut most ties with Atlantic City in 2009 aside from a 10% fee for the use of his name on what were then three casinos in the city. The third casino Trump used to own here, Trump Marina, was sold to Texas billionaire Tilman Fertitta in 2011 and is now the Golden Nugget. That property has since reopened as the Hard Rock casino. It closed in 2014, one of four Atlantic City casinos to shut down that year, followed by another former Trump casino, the Taj Mahal, in 2016. The SkyForce 10 above shows Trump Plaza being demolished in August 2020. “It is on prime real estate with a great deal of possibilities.” One suggestion for the Trump Plaza’s oceanfront property was to transform the site into natural areas of easier access to the Boardwalk and the Atlantic Ocean for tourists less interested in gambling, signaling an identity for AC beyond the blackjack tables.‘A surge of determination': Atlantic City electric workers remain on strike for 4th day straight “I was involved in a feasibility study on the property a few years ago,” said Robert Ambrose, a gaming consultant. Atlantic City, however, is in the midst of a redevelopment boom with a deliberate focus on a more sustainable future beyond gambling and seasonal attractions. The former Holiday Inn tower and the parking garage will remain, but this will be the second casino demolished in Atlantic City, after the Sands in 2007. “It’s going to come down over the next four months.” And Atlantic City Mayor Don Guardian confirms. Although no demolition permit has been filed yet, “They are in the process of putting it together,” said Dale Finch, Director of Licensing and Inspection for the city. Trump’s Trump Entertainment Resorts out of its fifth bankruptcy. You are guaranteed 29 million plus visitors passing by every year.”Ĭarl Icahn owns the property now after buying President Donald J. “It sits at the base of the expressway and in the center of the Boardwalk. “The first thing you need to recognize is the Plaza has one of the best locations in the city,” said Ken Calemmo, Co-chair of the Economic Development Committee of the Greater Atlantic City Chamber. Opened in 1984 on prime oceanfront property, tearing down Trump Plaza should generate a great deal of interest in investment. No date has been set yet, but once an asbestos remediation is completed, the demolition will be scheduled.

Once the site of a Japanese high roller’s $10 million loss that inspired Scorsese’s film Casino, the Plaza’s contents are being liquidated. Soon to be imploded, Trump Plaza Hotel and Casino in Atlantic City has been closed since 2014 and is a constant reminder of the hard times that hit America’s Playground.

Trump's Atlantic City New Jersey casinos