Search results
Results From The WOW.Com Content Network
In 1996, Trump's new publicly traded company Trump Hotels & Casino Resorts purchased Taj Mahal in a transaction that valued the property at $890 million. [ 27 ] [ 28 ] In the 1990s, Trump's Taj Mahal casino was "the world's largest, most flamboyant casino" and Trump took on an "enormous amount of debt" to launch it. [ 29 ]
Trump Entertainment Resorts and its predecessors have filed for Chapter 11 bankruptcy protection four times, in 1991, following construction of the $1-billion Trump Taj Mahal, and in 2004, 2009 and 2014. In 2004, Trump Hotels & Casino Resorts explored various options for restructuring its debt, amid speculation that it might file for bankruptcy.
The bout was set to be the first to be held at the then-newly opened Trump Taj Mahal owned by future United States President Donald Trump. Trump was in the midst of his high-profile separation (and eventual divorce) from wife Ivana which overshadowed the pre-fight press conferences.
Trump Plaza's revenues took a sharp decline in 1990, due to competition from its newly opened sister property, the Trump Taj Mahal, which was a mile away. [15] The casino narrowly averted default on a 1991 payment to bondholders by taking out a $25 million mortgage on its parking garage. [15]
As the Taj Mahal's budget had ballooned to $930 million, Resorts struggled to find the financing to complete it. [27] With the company claiming to be near bankruptcy in early 1988, Trump made a tender offer to buy all outstanding stock for $22 a share, stating that he was willing to personally finance the construction, but only if he owned the ...
In 1990, Donald Trump put Robert in charge of the Trump Taj Mahal casino in Atlantic City, New Jersey. [38] The casino experienced significant problems with its grand opening, especially the slot machine financial controls, that took months to rectify.
UFC 31: Locked and Loaded was a mixed martial arts event held by the Ultimate Fighting Championship at the Trump Taj Mahal in Atlantic City, New Jersey on May 4, 2001. The event was seen live on pay-per-view in the United States, and later released on home video.
UFC 30: Battle on the Boardwalk was a mixed martial arts event held by the Ultimate Fighting Championship at the Trump Taj Mahal (now the Hard Rock Hotel & Casino Atlantic City) in Atlantic City, New Jersey on February 23, 2001. [1]