Trump Taj Mahal - History

History

Trump’s third property in Atlantic City, was wrapped in controversy prior to opening as it was part of the fight between Donald Trump and Merv Griffin along with Resorts Casino Hotel in 1988 over Resorts International. Resorts was developing and constructing the Resorts Taj Mahal Casino north of Resorts Casino Hotel on the boardwalk, but had run out of money and construction was stopped. Trump was attempting to buy the unfinished resort, along with Resorts, but Merv Griffin would not sell. Eventually, a deal was created between Trump and Griffin giving Griffin Resorts in Atlantic City and the Resorts Paradise Island with the unfinished Taj Mahal project going to Trump. The casino opened in 1990 as the Trump Taj Mahal and remained the largest and highest grossing casino in the city until the opening of The Borgata in 2003. The Chairman Tower opened in 2008, bringing the complex to over 2,000 rooms.

The casino is also the scene for a notorious baccarat session in May 1990, in which the Japanese high roller Akio Kashiwagi lost $10 million. The incident was later fictionalised in Martin Scorsese's film Casino.

Read more about this topic:  Trump Taj Mahal

Famous quotes containing the word history:

    Literary works cannot be taken over like factories, or literary forms of expression like industrial methods. Realist writing, of which history offers many widely varying examples, is likewise conditioned by the question of how, when and for what class it is made use of.
    Bertolt Brecht (1898–1956)

    For a transitory enchanted moment man must have held his breath in the presence of this continent, compelled into an aesthetic contemplation he neither understood nor desired, face to face for the last time in history with something commensurate to his capacity for wonder.
    F. Scott Fitzgerald (1896–1940)

    The one duty we owe to history is to rewrite it.
    Oscar Wilde (1854–1900)