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RandomGuy
08-08-2016, 01:03 PM
Taj Mahal casino to shut down Taj Mahal casino to shut down
Thursday, 4 Aug 2016 | 7:30 AM ET|00:38
Donald Trump has been gone from Atlantic City for years, but his name has lived on in glowing neon on the facade of a casino he no longer owned.

But later this year, the Republican presidential nominee's name will disappear from the seaside gambling resort — along with 3,000 jobs.

The Trump Taj Mahal casino, opened 26 years ago by Trump, announced Wednesday that it will shut down after Labor Day. The business now belongs to Trump's friend and fellow billionaire Carl Icahn, who decided he can no longer support a casino losing millions of dollars each month amid a crippling strike.

Icahn told The Associated Press Wednesday he has lost nearly $100 million on the Taj Mahal in the past 18 months, including money he spent to keep it afloat during bankruptcy court before he even owned it.

http://www.cnbc.com/2016/08/04/taj-mahal-casino-closing-carl-icahn-says-he-lost-100m.html

Plus/minus for Trump, IMO. Minus: his name is on it, Plus: he was smart enough to dump it on someone else and run.
RandomGuy
08-08-2016, 01:05 PM
http://www.cnbc.com/2016/08/04/trump-hotels-and-casino-traffic-has-taken-a-huge-hit-since-trump-started-running-for-president-commentary.html

A bit more dry data-wonkish bit showing the impact his comments are having on his brand, namely quite negative, especially with women.
DMX7
08-08-2016, 01:06 PM
You win some, you lose some. That's business.
FuzzyLumpkins
08-08-2016, 07:16 PM
You win some, you lose some. That's business.

It's when it's 'you rarely win anything and leave a wake of failure' that it becomes a problem.
Wild Cobra
08-08-2016, 07:28 PM
http://www.cnbc.com/2016/08/04/taj-mahal-casino-closing-carl-icahn-says-he-lost-100m.html

Plus/minus for Trump, IMO. Minus: his name is on it, Plus: he was smart enough to dump it on someone else and run.

How much truth is there to the cause being from union strikes I wonder?
Pelicans78
08-08-2016, 08:31 PM
To bad his dad wasn't around to bail him out.
Fabbs
08-08-2016, 10:02 PM
http://www.cnbc.com/2016/08/04/taj-mahal-casino-closing-carl-icahn-says-he-lost-100m.html

Plus/minus for Trump, IMO. Minus: his name is on it, Plus: he was and is evil enough to dump it on someone else and run.
fixed
ElNono
08-08-2016, 10:10 PM
You win some, you lose some. That's business.

He made the greatest deal!