Waiting to reopen as soon as this evening, Atlantic City casinos will be all systems go, hoping to return to normal after an historic close down. The end of the New Jersey state shutdown, which started on Wednesday morning for Atlantic City’s twelve casinos, will mean that an 800-room expansion at the Trump Taj Mahal should proceed without delay. The expansion, scheduled to start within the next few weeks, will add a new tower to the existing casino.

Trump Entertainment Resorts’ present 1,200-room Taj Mahal casino hotel is seen as an ideal place to begin enlarging Trump casino properties in Atlantic City. The company has three resorts in the city and has further expansion projects for all of them. Atlantic City is increasing its popularity as a destination resort and hotel rooms are in demand for guests now staying more nights. The new tower at the Taj Mahal will cost an estimated US$250 million and is due for completion some time in 2008.

The vibrant Atlantic City market is expected to make the latest Trump investment a great asset for the company. Another company is also interested in having assets in Atlantic City. Morgan Stanley, which rescued Donald Trump's casino company from bankruptcy, will now become a competitor. It intends to build a $1 billion casino resort adjacent to Harrah’s Showboat and just a block north of Trump Taj Mahal. Development partner in the project is rumoured to be Rank Plc of the Hard Rock Casino brand. (E-07.07.06)

© Copyright 2006 CasinoCompendium



>>> return to archives
>>> return to frontpage