Trump Plaza is scheduled to close in a matter of days and the Trump Taj Mahal may follow suit in a couple months, but workers would be well-advised to not remove the signage bearing the Trump name just yet.
Donald Trump is reportedly considering a return to Atlantic City and is said to be eyeing the struggling Trump casinos, phillymag.com reported. “The Donald” has been gone for five years following his resignation as chairman of Trump Entertainment in 2009, but still retains a 10% share.
:I can confirm that Mr. Trump is looking at Trump Entertainment Resorts in Atlantic City,” said Michael Cohen, Trump Organization Executive Vice President and Special Counsel to Donald Trump. “But he’s doing so cautiously.”;
The real estate mogul and star of reality television’s “The Celebrity Apprentice” made headlines just one month ago when he filed a lawsuit in an effort to force the casinos to remove his name. The 68-year-old claimed in legal documents that the casinos were in disrepair and lacked the “high standards” associated with the Trump name.
“I want it off both of them,” Trump said in August. “People think we operate (the company), and we don’t. It’s not us. It’s not me.”
Trump’s limited involvement reportedly allows the use of his name for licensing purposes. His lawsuit states that Trump Entertainment defaulted on the licensing agreement due to the “appalling conditions” of the Trump casinos, among other reasons.