Tag Archives: Trump Entertainment Resorts
- Icahn files formal request to close Atlantic City’s Trump Taj Mahal casino
September 9, 2016
Atlantic City’s Trump Taj Mahal is officially living on borrowed time after owner Carl Icahn filed papers seeking regulatory permission to close the property forever. On Friday, New Jersey’s Division of Gaming Enforcement (DGE) confirmed that Icahn’s Trump Entertainment Resorts (TER) had formally requested the regulator’s permission to shut down...
- Casino Paper Trail debunks Trump’s reason on Tax Return release
May 13, 2016
Unless you are a state gambling official, presumptive Republican nominee Donald Trump will never show you his tax returns. The real estate mogul-turned politician has drawn flak for refusing to release his tax returns until the Internal Revenue Service wraps up its ongoing state audit, saying that there’s nothing to...
- Trump Plaza could be shut down for 10 years
June 29, 2015
Trump Plaza casino owner Trump Entertainment Resorts filed a deed restriction on Friday with Atlantic County officials to avoid mandatory payments in lieu of taxes. The restriction prevents any buyer from opening a casino on the Atlantic City property for the next 10 years unless the buyer is willing to...
- Icahn wins control of Trump Taj Mahal; judge scuppers third Revel sale
March 13, 2015
Investor Carl Icahn has been granted control of Trump Entertainment Resorts after a bankruptcy judge approved the troubled casino operator’s reorganization plan. Trump Entertainment, which operates the Trump Taj Mahal in Atlantic City, filed for Chapter 11 bankruptcy protection in September, the fourth such filing in the company’s not-so-illustrious history....
- Taj Mahal can keep Trump’s name; faces anti-money laundering charges
March 11, 2015
Investor Carl Icahn has reached an agreement with Donald Trump on Monday to allow Trump's name to remain on the Taj Mahal casino in Atlantic City. Under the agreement, which needs approval from U.S. Bankruptcy Court in Delaware, Trump Entertainment Resorts will pay Trump $172,000 to satisfy a ground lease claim, among...
- Trump creditors approve restructuring; Revel back on the market… again
February 20, 2015
Atlantic City casino operator Trump Entertainment Resorts may have spied a light at the end of its bankruptcy tunnel after creditors reached a deal on a restructuring plan. Trump Entertainment filed for bankruptcy last September, shutting down the Trump Plaza casino that same month. The Trump Taj Mahal remains open...
New Jersey sells bonds to fund AC casino tax appeals
September 22, 2017
Betfred hops on social casino bandwagon with Betfred Social
March 22, 2017
Atlantic City’s mothballed Revel/TEN casino reportedly sold
October 5, 2017