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:
“My good friends, this is the second time in our history that there has come back from Germany to Downing Street peace with honour. I believe it is peace for our time. We thank you from the bottom of our hearts. And now I recommend you to go home and sleep quietly in your beds.”
—Neville Chamberlain (1869–1940)
“Properly speaking, history is nothing but the crimes and misfortunes of the human race.”
—Pierre Bayle (1647–1706)
“The history of the world is none other than the progress of the consciousness of freedom.”
—Georg Wilhelm Friedrich Hegel (1770–1831)