Once upon a time, the Taj Mahal was tagged as the flagship of Trump's casino empire. Icahn has agreed to sell it now as he whittles down his gambling-related holdings. Hard Rock International said that it plans to renovate and soon reopen the recently-closed Trump Taj Mahal casino situated in Atlantic City, New Jersey, and they have purchased it for $300 million, including the cost of the property.
Following a more than 100 days strike by union members over no health and pensions benifits, Trump Taj Mahal closed down on Monday. The casino, which costed nearly 1 billion dollars and opened 26 years ago, was once called "the eighth wonder of the world" by former owner and republican president candidate Donald Trump.
While the Trump Taj Mahal Casino has been the highest grossing casino in Atlantic City for more than two decades, it has been badly hit by difficult times, especially after the Borgata opened in 2013. Billionaire Carl Icahn bought the casino two years ago and after investing $100 million on it, the casino is scheduled to shut down this October.
Following a more than 100 days strike by union members over no health and pensions benifits, Trump Taj Mahal closed down on Monday. The casino, which costed nearly 1 billion dollars and opened 26 years ago, was once called "the eighth wonder of the world" by former owner and republican president candidate Donald Trump.
