Carl Ichan | World Casino News

Carl Icahn sells Trump Taj Mahal to Hard Rock International

March 2, 2017

Casino Sales, Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, New Jersey

Billionaire investor and casino magnate Carl Icahn has found buyers for his Trump Taj Mahal Casino in Atlantic City, which has been closed down since October 2016. According to an official press release, Icahn ...

Resorts Casino capitalizing on Trump Taj Mahal closure

Sadonna Price

August 24, 2016

Latest Casino and Gambling News, Latest Casino Bonuses, The Players Lounge, New Jersey

The Trump Taj Mahal has just a few more weeks in operation before the casino will shut its doors forever. Trying to capitalize on the closure of a competitor, the Resorts Casino Hotel has launched a promotion p...

Forgotten Fontainebleau casino project could be sold soon

Sadonna Price

June 5, 2016

Latest Casino and Gambling News, Las Vegas, Nevada

Carl Icahn purchased the Fontainebleau of Las Vegas in 2010 for $150 million after the previous owners had ceased construction, leaving somewhat of an eyesore along the Las Vegas Strip. In 2015, Ichan was asked...

Fitch Ratings Say Trump Taj Mahal casino could shutdown if Atlantic City’s casino industry continues to decline

Renee Kingsley

June 3, 2016

Latest Casino and Gambling News, Economy/Finance, New Jersey

Atlantic City’s casino industry has been in decline for close to a decade now with revenues falling from $5.2 billion in 2006 to $2.56 billion in 2015. The slump in the casino market resulted in four out of the...

Trump Taj Mahal to be managed by Tropicana after okay from state

Sadonna Price

April 14, 2016

Latest Casino and Gambling News, Las Vegas, Casino project updates, Nevada

The state of New Jersey has approved an agreement that was made in March to see the Trump Taj Mahal be managed by the Tropicana. It was announced early last month that Trump Taj Mahal Associates and Tropicana E...

Unfinished Fontainebleau on Vegas Strip to be veiled

K Morrison

November 6, 2015

Latest Casino and Gambling News, Casino News, North America Casino News, Gaming Industry News, Casino project updates, Nevada

The never-ending construction of the nearly completed Fontainebleau casino-hotel high-rise is being covered up to improve the view on the Las Vegas Strip. A relatively routine request for a time extension fo...

Atlantic City casino union planning massive protest this week

Sadonna Price

June 16, 2015

Latest Casino and Gambling News, Labor Relations, New Jersey

As the Local 54 of UNITE-HERE continues to battle the Taj Mahal for worker benefits, the casino union is planning a massive protest effort for tomorrow. A display of ‘mass civil disobedience’ is planned for tom...