From the Press of Atlantic City: “Trump Marina deal on hold”
Trump Entertainment Resorts Inc. and the proposed buyer of Trump Marina Hotel Casino are trying to salvage a $270 million deal for the aging property.
New York gaming group Coastal Marina LLC is facing a deadline today to complete the purchase of Trump Marina, the weakest performer in the bankrupt casino empire once controlled by Donald Trump.
Coastal Marina wants to team up with Jimmy Buffett to transform Trump Marina into a Margaritaville-themed casino inspired by the singer’s “Margaritaville” hit song from the 1970s.
From the AP Press: “NJ Trump Marina sale not imminent”
Updates:
Online Casino Advisory: “Trump Marina Casino Sale Delayed by Financial Difficulties”
Press of Atlantic City: “Still no deal for turning Atlantic City’s Trump Marina into Margaritaville“