Nation & World News

Donald Trump Sues To Remove His Name From Atlantic City Casinos

By Alan Greenblatt on August 6th, 2014

Donald Trump once promoted Atlantic City’s casino and entertainment business. He no longer wants his name associated with it.

The real estate baron has sued to have his name taken off two casinos, the Trump Plaza and the Trump Taj Mahal.

“I want it off both of them,” Trump told the Associated Press. “I’ve been away from Atlantic City for many years. People think we operate [the company], and we don’t. It’s not us. It’s not me.”

In a filing in New Jersey Superior Court, Trump says the properties have fallen into “an utter state of disrepair” and are hurting his good name.

The Trump Plaza announced in July that it will close in September. Atlantic City’s gambling industry has taken a beating, with as many as four casinos slated to close this year.

A bankruptcy auction is scheduled Thursday for the Revel casino, which will close on Aug. 18 unless a buyer is found.

When the Trump Plaza announced it would close, Trump boasted that he had limited his exposure to a 10 percent stake in Trump Entertainment Resorts.

“I let them use my name, but I have nothing to do with it, he said in July. “I got out seven years ago — my timing was impeccable.”

Indeed, that 10 percent share is enough to allow the company to use the Trump name for licensing purposes. Trump says he isn’t sure whether he’ll sell his share altogether.

One place where he doesn’t intend to remove his name is Chicago, where a “Trump” sign in 20-foot-high letters along the riverfront has become a source of local controversy.

Blair Kamin, architecture critic for the Chicago Tribune, has called the sign a “fiasco.” Trump responded by taking to the pages of that newspaper to decry Kamin as a “lightweight.”

“Trump is one of the ‘hottest’ and most recognizable brands in the world, and that only works to Chicago’s benefit,” Trump wrote. “To me, it’s a perfect match.”

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

This entry was posted in News from NPR. Bookmark the permalink.

Comments are closed.

 

More Stories in News from NPR

A customer picks up his just-bought iPhone.

WATCH: First Guy In Perth To Get Hands On New iPhone Drops It On Live TV

Jack Cooksey, 18, was unpacking his brand-new iPhone 6 for a local TV reporter, when he accidentally dropped it. The rest of the customers still in line groaned.


NFL Commissioner Roger Goodell held a news conference on Friday, during which he said, "I got it wrong on the handling of Ray Rice. ... But now I will get it right."

NFL Commissioner: ‘We Will Get Our House In Order’

Roger Goodell has been embroiled in controversy over how the league has handled off-field violent behavior of some of its star players. He said he had not considered resigning.


White House Announces Campaign Against Campus Sexual Assault

In unveiling the “It’s On Us” campaign aimed at preventing attacks on college campuses, President Obama said such violence is “an affront to our basic humanity.”


Alibaba founder and CEO Jack Ma has much to laugh about. Shares in the company opened at $92.70 in the New York Stock Exchange on Friday. The company is now valued at more than $200 billion — that's bigger that Amazon and Facebook.

Alibaba Shares Surge On First Day Of Trading

Shares of the Chinese e-commerce giant opened at $92.70 a share on the New York Stock Exchange today, making it the biggest initial public offering in U.S. history. They were priced at $68 a share.


Elizabeth Lessner stands behind the bar at Betty's Food and Spirits in Columbus, Ohio, in 2004.

Iconic Pabst Beer Brands Sold To Russian Company

Pabst Brewing Co., with its famous Blue Ribbon, Old Milwaukee and Schlitz labels, is being acquired by Russian brewer Oasis Beverages for an undisclosed sum.


Thank you for your support

WUFT depends on the support of our community — people like you — to help us continue to provide quality programming to North Central Florida.
Become a Sustainer
I want to support FM 89.1/NPR
I want to support Florida's 5/PBS
Donate a Vehicle
Day Sponsorship Payments
Underwriting Payments