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Trump’s Triumphant Return?

( Atlantic City and Donald and Trump )

It looks like Atlantic City has regained its most celebrated spokesman. On Monday night, news broke that Donald Trump—real estate mogul, reality TV star, and once and future casino tycoon—will buy his way back into the New Jersey gaming industry.
In February, the former chairman of the board left in what used to be called “a […]

Too Many Margaritas

The purchase of Trump Marina in Atlantic City by Coastal Marina LLC for $316 million, and its transformation into a Jimmy Buffet Margaritaville Hotel Casino, is being questioned for several reasons.

The difficult credit market would be the first hurdle to overcome. Established casino companies have had trouble coming up with financing for many projects, and […]