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Trump Entertainment Resorts, Inc. is a gaming and hospitality company that owns and operates the Trump Taj Mahal hotel and casino in Atlantic City, New Jersey, United States. Formerly known as Trump Hotels & Casino Resorts, it was founded by Donald J. Trump, who was chairman of the board of directors until his resignation in 2009.〔(Trump Quits Trump Entertainment as Debt Payment Deadline Looms )〕 Bob Griffin is currently Director and Chief Executive Officer. Trump is no longer on the company's board, but was given stock in the company for its use of his name and likeness. == History == Donald Trump began purchasing properties along the Atlantic City boardwalk in the early 1980s and received a gaming license from New Jersey's Casino Control Commission (CCC) on March 15, 1982.〔Trump, Donald and Schwartz, Tony, (Trump: the art of the deal ), Random House Digital, Inc., 2004, page 204〕 He had planned to build his own casino on the boardwalk, but was stalled on the project when Mike Rose, then CEO of Holiday Inn and Harrah's approached him to manage construction of a Holiday Inn Casino-Hotel. It opened in May 1984 and two years later Trump bought out Holiday Inn's shares in the property and renamed it the Trump Plaza Hotel and Casino.〔Blair, Gwenda, (The Trumps: Three Generations That Built an Empire ), Simon and Schuster, 2001, page 345〕 In 1985, Trump purchased the nearly-complete Atlantic City Hilton hotel and casino property at the Atlantic marina from Hilton Hotels for $325 million. The hotel chain sold the property after its application for a gaming license was turned down by the CCC.〔Delugach, Al, (Hilton Negotiating to Sell Its Atlantic City Hotel-Casino to Trump ), L.A. Times, April 19, 1985〕 Trump originally opened the property as Trump's Castle Hotel Casino, and later renamed it the Trump Marina. In 1988, Trump purchased the unfinished Taj Mahal property from Resorts International for $230 million after negotiations with Merv Griffin in which the two men divided the assets of the failing company.〔Easton, Nina, (Merv Griffin's Outrageous Fortune... ), L.A. Times, July 24, 1988〕 The casino, at the time the largest in Atlantic City, would eventually cost almost $1 billion by the time it opened in 1990. Trump completed the project using junk bonds, a decision that hurt the company afterward as the gaming industry struggled in a recession and interest rates became unmanageable.〔Clark, Kenneth, (Trump Taj Mahal Casino-hotel Opens With A Bang ), Chicago Tribune, April 6, 1990〕 In 1995, Trump established Trump Hotels and Casino Resorts (THCR) as a publicly traded company, granting it ownership of the Trump Plaza and the under-development Trump Casino in Gary, Indiana. The following year, THCR bought the Trump Taj Mahal at a valuation of $890 million, and bought the Trump Castle from Trump for $486 million (including $355 million in assumed debt). In 1996, the company opened Trump World's Fair, a casino adjunct to the Trump Plaza. The World's Fair was closed in 1999, with plans to replace it with a larger resort.〔 〕 In 1999, THCR agreed to purchase the Flamingo Hilton Casino Kansas City for $15 million, but the deal fell through when Missouri gaming regulators did not approve the company's gaming license by a contractual deadline. THCR entered a management agreement in 2000 to operate the Spotlight 29 Casino, an Indian casino in Coachella, California. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Trump Entertainment Resorts」の詳細全文を読む スポンサード リンク
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