Home » VT News » Trump in Preliminary Talks To Sell Taj Mahal, Trump Plaza, Trump Marina

Trump in Preliminary Talks To Sell Taj Mahal, Trump Plaza, Trump Marina

By Chuckmonster on Saturday, 19th May 2007 9:19pm
  » filed under Atlantic City  comments: 0

   

There's been a bunch of chatter that Trump Entertainment is fielding offers for its three Atlantic City Casinos - Trump Plaza, Trump Marina and Trump Taj Mahal.

While it would be sad to see The Donald's panache leave AC, frankly it's time for his revolving debt-strapped Trump Entertainment to make way for some fresh blood. No names or prices have been mentioned by Trump reps but the money at the Press of AC is on private equity or real estate conglomerates who want to enter the gaming market. Other usual takeover suspects have been mentioned - Ameristar, Penn National, Pinnacle Entertainment, Boyd Gaming and Wynn Resorts.

Our non-insider guess will be probably a private equity firm or - in a longshot... a three way deal with Boyd taking the Marina, and Wynn Resorts getting the Taj and Trump Plaza. Its doubtful any of the big 4 gaming companies are going to want to take on Trumps debt load.



Tagged:    





Advertisement:





Comments & Discussion:


» No Guts, No Glory... Be The First to Post



Comments Are Closed







Subscribe via RSS







Recent Comments:

michigan2010 posted: "MGM equals cookie cutter casino. No to reason to step foot in Bellagio again. Just hope they don't screw up..."
» Sayonara Bellagio Table Game Canopies...
saharalv posted: "I wish the editors were the entire electoral college in 2016...."
» Introducing the Trippies Class of...
fatbastard posted: "So many people letting a billionaire live rent free in their heads. Funny. Too bad it also detracts from the..."
» Introducing the Trippies Class of...
wpsteel66 posted: "Total bummer…talk about taking the class and uniqueness away from the Bellagio…another smart move on CEO Jim and making all..."
» Sayonara Bellagio Table Game Canopies...
damania posted: "Is there a podcast?..."
» Introducing the Trippies Class of...

» More Comments