Icahn

Week In Review

by Marc on April 4, 2010

in Roundup

Lots of news this week mainly consisting of news from the east.  My trip to Las Vegas was thisclose to falling through, but it seems as though I’ll make it!  I got a little assistance choosing which hotel I should stay at: Palazzo or Planet Hollywood.  Thank you! This trip will be a little different [...]

Tagged as: Atlantic City, Baseball, Boardwalk Empire, Borgata, Casino, Economy, Floyd Mayweather, Icahn, Las Vegas, MLB, Mohegan Sun, Palazzo, Pennsylvania, Planet Hollywood, Revel, Riviera, Shane Mosely, Station Casinos, Tropicana, Trump

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Move Over Trump. Icahn in tha House!

by Marc on April 1, 2010

in Atlantic City

Carl Icahn acquired full ownership of Trump Casinos today. Billionaire investor Carl Icahn has bought the remaining half of the $500 million mortgage on the Trump Entertainment Resorts Inc. casinos, and pocketed a quick $10 million interest payment in the process. Icahn, in the midst of a bankruptcy takeover battle for control of the three [...]

Tagged as: Borgata, Economy, Harrah's, Icahn, Tropicana, Trump

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Week In Review

by Marc March 7, 2010

This was a slow week after a fun time in Atlantic City last weekend.  I waited outside of Harrah’s for a cab, without a coat for 15 minutes, and caught a cold.  Oh well, such is life.  I ended up about even and didn’t pay for a meal so the trip was good.  The next [...]

Tagged as: Atlantic City, Borgata, Casino, Economy, Gaming, Harrah's, Icahn, Meadowlands, Racetrack, Sands, Seven Stars, slot machine, Total Rewards, Tropicana

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It's Official: TropIcahna Approved

by Marc March 4, 2010

Carl Icahn has, finally, received full approval from the New Jersey Gaming Control Commission to take control over the Tropicana in Atlantic City. “Carl Icahn’s return to the business of gaming in New Jersey certainly brings … signs of rejuvenation and optimism in the market,” Sharon Anne Harrington, the commission’s vice-chair, said in a statement. [...]

Tagged as: Atlantic City, Economy, Icahn, Tropicana

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Margaritaville Not Dead In Atlantic City

by Marc February 25, 2010

Still dealing with bankruptcy, Trump Resorts in Atlantic City is reconsidering the possibility of selling Trump marina. In testimony Wednesday, Trump Entertainment’s financial adviser said Trump Marina’s sale would help stabilize the company amid declining revenue and lower earnings projections. He predicted a deal with Fields would be completed by the end of 2011, if [...]

Tagged as: Atlantic City, Casino, Economy, Icahn, Jimmy Buffet, Margaritaville, Trump

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Icahn May Opt To Sell Some Trump Casinos

by Marc February 24, 2010

Earlier this month Carl Icahn said, in a deposition, that he may sell two of the three Trump Casinos in Atlantic City if he wins the bankruptcy battle he’s in with Donald Trump. “You could sell the Marina and the Plaza,” he said in the deposition, taped on Feb. 2. Icahn added that he has [...]

Tagged as: Casino, Economy, Icahn, Trump

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Week In Review

by Marc January 24, 2010

I didn’t realize during the week that I was able to get up so many posts, but evidently I did.  Sweet.  There’s even a roundup in this roundup of the week.  Enjoy. NFL Conference Finals Picks Manny Pacquiao vs. Joshua Clotty Wynn and Encore Win Me Over PA Slots Bigger Than AC Round Em Up [...]

Tagged as: Atlantic City, Casino, Club, Economy, Encore, Fontainebleau, Icahn, Joshua Clotty, Las Vegas, Manny Pacquiao, NFL, Steak, SW, Wynn, XS

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Trump Casinos Worth "Little"

by Marc December 31, 2009

Trump Casinos are worth about 75% less than they were a year ago.  According to the New York Post the casino group went from being worth $2 billion last year to being worth “just $459 million.  The casinos continue to drop in valuation quickly as the group was worth $500 million a month ago. The [...]

Tagged as: Atlantic City, Casino, Economy, Icahn, Tropicana, Trump

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Week(s) In Review

by Marc December 27, 2009

I was away in Las Vegas last week and returned home to a week of sickness so I haven’t had a chance to wrap up what was going on.  There was only one update this week, so the week(s) in review will go by quickly. Pictures From Vegas Best of Vegas: New Slots Sahara Closes [...]

Tagged as: Atlantic City, Casino, Economy, Icahn, Las Vegas, Parx, Pennsylvania, Sahara, slot machine, Tropicana, Trump

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Tropicana to Icahn Approved by US Government

by Marc December 15, 2009

Carl Icahn secured approval from the US government for his acquisition of the Tropicana in Atlantic City. “U.S. antitrust regulators have approved the sale of Tropicana Atlantic City Casino and Resort to pre-bankruptcy lenders, including financier Carl Icahn.” This is fine and dandy for the Tropicana move.  Antitrust may become an issue if Icahn’s deasl [...]

Tagged as: Atlantic City, Casino, Economy, Fontainebleau, Icahn, Las Vegas, Tropicana, Trump

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