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Trump Plaza

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NEWS
December 13, 1998 | By Amy S. Rosenberg, INQUIRER STAFF WRITER
Whatever Hue Q. To was doing to annoy casino patrons in Trump Plaza the night of Sept. 8 - hustling for change, pickpocketing - it was only after casino security stepped in that the real trouble began. Within about 45 minutes, the 25-year-old native of Vietnam was dead, slammed so violently against the wall of a casino back room that the damage to his neck stopped his breathing, according to the county prosecutor and medical examiner. That explanation came later. In the days after To's death, Trump Plaza officials gave this statement, apparently relying on statements from the five security guards who were present when To died: To "stumbled into the arm of a chair.
SPORTS
February 8, 1990 | By Robert Seltzer, Inquirer Staff Writer
When Buster Douglas returns from Tokyo, chances are he will not have to check his senses at customs. They probably will have been separated from him by that pugilistic mugger, Mike Tyson. The undisputed heavyweight champion, returning to the scene of his two- round demolition of Tony Tubbs two years ago, will meet Douglas on Saturday night in Tokyo. While Douglas should become Tyson victim No. 38, at least one group hopes for a competitive fight - the officials at Trump Plaza, which will host the match between Tyson and Evander Holyfield on June 18 in Atlantic City.
ENTERTAINMENT
May 6, 2011
ONCE UPON a time, Trump Plaza was a jewel in the crown of the East Coast's gambling monopoly. In the late 1980s, the midtown gaming hall was, for lack of a better description, the Borgata of its day. Such was its prestige that cartoonist Garry Trudeau chose it as the location for a series of "Doonesbury" cartoons that imagined a comeback concert by an in-hiding-for-a-decade Elvis Presley. It was also the casino that sponsored Mike Tyson's championship boxing matches at what was then Convention Hall.
NEWS
January 23, 1992 | FROM INQUIRER WIRE SERVICES
The Trump Plaza Hotel & Casino expects to become the third of Donald Trump's three casinos to file a bankruptcy plan, officials said yesterday. Trump attorney Joseph Fusco told the Casino Control Commission that the casino intends to file a prepackaged bankruptcy - one that has won approval beforehand from creditors and is designed to speed the trip through bankruptcy court. Under the offer, bondholders would exchange $225 million in bonds paying 12 7/8 percent and an additional $25 million in long-term debt for $200 million in bonds paying 12 percent and $100 million in preferred stock with an annual dividend of 10 percent.
BUSINESS
January 13, 2014 | By Harold Brubaker, Inquirer Staff Writer
When the Atlantic Club Casino Hotel closes Monday, the loss of 1,659 jobs will be a terrible blow to the community, but eliminating a casino with 1,641 slot machines will move Atlantic City closer to gambling's new reality. As casino gambling has spread throughout the Northeast, the amount of money Atlantic City's casinos have won annually from gamblers has fallen 42 percent, from a peak of $5.22 billion in 2006 to $3.05 billion in 2012. Full-year figures for 2013 will not be available until Tuesday, but Atlantic City would have to report its best December since 2007 to reach even $3 billion for the year.
BUSINESS
December 25, 2013 | By Harold Brubaker, Inquirer Staff Writer
When the Atlantic Club Casino Hotel closes next month, under a bankruptcy sale approved Monday, it will be the first victim of a slump that has seen Atlantic City's gambling revenue fall to an expected total of less than $3 billion this year from $5.2 billion in 2006. Will others follow the Atlantic Club out of business, as Atlantic City continues losing gamblers to the spread of casinos throughout the Northeastern United States? "Everybody speculates that," said Frank Fantini, publisher of Fantini's Gaming Report.
NEWS
October 11, 1989 | By Kathy Brennan, Daily News Staff Writer Staff writer Darryl Lynette Figueroa and the Associated Press contributed to this report
Restaurant manager Sharon Elhari knew something was wrong yesterday when she walked into the Trump Plaza executive offices and found the receptionist crying. A few minutes later she found out why. Three top executives in the Trump organization, including business magnate Donald Trump's right-hand man in Atlantic City, Stephen Hyde, were among five people who had just been killed in a helicopter crash on the Garden State Parkway. "Everyone is stunned. I'm surprised that there wasn't a moment of silence, but I guess that isn't in keeping with the mood of a casino," Elhari said last night, several hours after the crash.
ENTERTAINMENT
May 21, 1987 | By JONATHAN TAKIFF, Daily News Staff Writer
You can tell a lot about Atlantic City casinos' "target customer" by looking at the talent booked into the main show rooms this summer. As usual, the schedule is monopolized by conservative nightclub standbys who attract an older, monied crowd. Note, as examples, the umpteenth coming this weekend of Gladys Knight and the Pips at the Trump Plaza, The McGuire Sisters plus the Count Basie Orchestra at Harrah's, song and dance man Ben Vereen at the Tropicana and Dolly Parton at the Golden Nugget.
NEWS
December 9, 2011
Total revenues for Atlantic City's 11 casinos declined last month 6.3 percent from a year ago to $245.1 million. The decrease continued a streak of year-over-year losses to 39 consecutive months. Larger properties had revenue increases, such as Borgata, up 2.4 percent; Harrah's Resort, up 3.4 percent, and Caesars, up 17.6 percent. Casinos reporting the largest declines were Trump Plaza, down 31.8 percent; ACH, down 26.9 percent, and Trump Taj, down 26.5 percent. The resort continues to feel competitive pressure from casinos in Pennsylvania and New York and from racetracks with slot machines.
SPORTS
December 15, 2009
Frank Gelb. A Philadelphia native, Gelb made his promotional debut in Atlantic City in 1973 - 5 years before the first casino-hotel opened - with a show headlined by a fight between Richie Kates and Roger Russell that ended the town's 10-year boxing drought. For the next 20 years, Gelb either staged his own events or served as the knowledgeable middleman for various promoters, using his array of contacts at Resorts, Harrah's Marina, Bally's Park Place, Trump Plaza and TropWorld to get deals done.
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BUSINESS
January 13, 2014 | By Harold Brubaker, Inquirer Staff Writer
When the Atlantic Club Casino Hotel closes Monday, the loss of 1,659 jobs will be a terrible blow to the community, but eliminating a casino with 1,641 slot machines will move Atlantic City closer to gambling's new reality. As casino gambling has spread throughout the Northeast, the amount of money Atlantic City's casinos have won annually from gamblers has fallen 42 percent, from a peak of $5.22 billion in 2006 to $3.05 billion in 2012. Full-year figures for 2013 will not be available until Tuesday, but Atlantic City would have to report its best December since 2007 to reach even $3 billion for the year.
BUSINESS
December 25, 2013 | By Harold Brubaker, Inquirer Staff Writer
When the Atlantic Club Casino Hotel closes next month, under a bankruptcy sale approved Monday, it will be the first victim of a slump that has seen Atlantic City's gambling revenue fall to an expected total of less than $3 billion this year from $5.2 billion in 2006. Will others follow the Atlantic Club out of business, as Atlantic City continues losing gamblers to the spread of casinos throughout the Northeastern United States? "Everybody speculates that," said Frank Fantini, publisher of Fantini's Gaming Report.
BUSINESS
November 14, 2013 | By Harold Brubaker, Inquirer Staff Writer
Atlantic City casinos won $216.9 million from gamblers in October, a 3.6 percent gain over the same period a year ago, when casinos were ordered shut for a day because of Hurricane Sandy. During the first ten months of this year, the city's casinos won $2.4 billion, down 8.4 percent from the same period of 2012. Only three of the 12 casinos in Atlantic City have recorded year-to-date gains. Those are Borgata, Atlantic Club, and Revel, which began test operations on March 28, 2012.
BUSINESS
June 22, 2013 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - Revel is embracing all things gambling-related, with a shift in strategy to address its biggest trouble spot and a tweak to its name. The casino at the Boardwalk's north end, which emerged May 21 from a bankruptcy resulting from anemic monthly gaming revenue, Thursday announced the new name, Revel Casino Hotel, and a new marketing theme, "Gamblers Wanted. " The campaign pulls away from Revel's original emphasis on its nongaming attractions, and involves an aggressive slot promotion in which the casino will refund all slot losses greater than $100 to gamblers using Revel Cards for the entire month of July.
NEWS
April 22, 2013 | Associated Press
ATLANTIC CITY - The California development company that plans to buy Atlantic City's Trump Plaza Hotel & Casino for $20 million says the deal is on hold. In a statement issued late Friday, the Meruelo Group said the sale could not currently be completed as planned because Trump Entertainment had been unable to obtain the release of a mortgage held by a "senior secured lender. " When the deal was announced in February, Meruelo said it hoped to close the sale by May 31 The Press of Atlantic City said Trump spokesman Brian Cahill confirmed Meruelo's statement but had no further comment.
BUSINESS
March 10, 2013 | By Suzette Parmley, Inquirer Staff Writer
Land is dirt-cheap in Atlantic City, just like some of its aging casinos. Gaming insiders say Pinnacle Entertainment Inc.'s deal to sell land it has owned at the resort since 2006 for $30.6 million underscores the painful fact that things have drastically changed - and not for the better. Las Vegas-based Pinnacle Enpaid $270 million for the 19 acres at the heart of the Boardwalk district, site of the former Sands Casino Hotel. Pinnacle imploded the Sands in 2007 to make way for a $1.5 billion megacasino, but scrapped those plans as the economy and Atlantic City gambling revenue tanked.
NEWS
February 15, 2013
BIG BEAR LAKE, Calif. - Officials said Thursday that the burned remains found in a California mountain cabin have been positively identified as fugitive former police officer Christopher Dorner. Jodi Miller, a spokeswoman for the San Bernardino County sheriff-coroner, said that the identification was made through Dorner's dental records. Miller did not give a cause of death. The search for Dorner began last week after authorities said that he had launched a deadly revenge campaign against the Los Angeles Police Department for his firing, warning that he would bring "warfare" to LAPD officers and their families.
NEWS
November 3, 2012 | By Amy Rosenberg and Frank KummerBreaking News Desk
Gov. Chris Christie this morning allowed Atlantic City's casinos be reopened to the public, six days after his executive order declaring them closed in preparation for Hurricane Sandy's arrival. Christie ordered gaming suspended on Saturday. He said they could reopen starting 10 a.m. today. Sandy officially came ashore in Atlantic City 8 p.m. Monday night and was severely impacted by the storm, with part of the the boardwalk being washed away in the northern end. Christie had suspended operations at all 12 casinos, which forced closure of all the hotels, simulcast facilities and gaming.
BUSINESS
December 10, 2011
In the Region A.C. casino revenues down Total revenues for Atlantic City's 11 casinos declined last month 6.3 percent from a year ago to $245.1 million. The decrease continued a streak of year-over-year losses to 39 consecutive months. Larger properties had revenue increases, such as Borgata , up 2.4 percent; Harrah's Resort , up 3.4 percent, and Caesars , up 17.6 percent. Casinos reporting the largest declines were Trump Plaza , down 31.8 percent; ACH , down 26.9 percent, and the Trump Taj , down 26.5 percent.
NEWS
December 9, 2011
Total revenues for Atlantic City's 11 casinos declined last month 6.3 percent from a year ago to $245.1 million. The decrease continued a streak of year-over-year losses to 39 consecutive months. Larger properties had revenue increases, such as Borgata, up 2.4 percent; Harrah's Resort, up 3.4 percent, and Caesars, up 17.6 percent. Casinos reporting the largest declines were Trump Plaza, down 31.8 percent; ACH, down 26.9 percent, and Trump Taj, down 26.5 percent. The resort continues to feel competitive pressure from casinos in Pennsylvania and New York and from racetracks with slot machines.
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