Trump Entertainment’s new owners plan to spend money updating Trump Plaza, and want to attract more families to Atlantic City in order to compete with new casinos closer to their homes in nearby states, Lasry said today during commission questioning.
Coastal Marina LLC, controlled by Richard T. Fields, had agreed in 2008 to buy Trump Marina and turn it into a Margaritaville casino resort. Last year, Fields renegotiated the deal, which included settlement of an unrelated lawsuit, and then reached yet another plan with bondholders to buy the Marina before Trump switched sides and aligned with them.
These are welcome changes and potential additions. My last experience at Trump Plaza was nice, but the casino doesn’t seem as if it’s been updated since the 80′s. A makeover will do nicely.
I’m not a parrothead, but I love the attitude of Jimmy Buffett fans. All they want to do is drink and have a good time. Even if Trump Marina doesn’t become the next Margaritavile casino, new owners and a major face lift will do the casino good. It’s the only ugly property at the marina area, which is becoming more popular with young casino-goers every day.
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