BUSINESS

Donald Trump's Atlantic City history

Staff Writer
Columbus CEO

ATLANTIC CITY, N.J. (AP) — One Atlantic City casino bearing Donald Trump's name closed Tuesday and another is threatening to close in November, but Trump himself has mostly cut ties with the struggling seaside resort.

While a message on Trump's Twitter account Tuesday said he "may buy back in (to) save Plaza & Taj," Trump only owns 9 percent in Trump Entertainment Resorts, which declared bankruptcy this month.

PUTTING HIS NAME ON THE BOARDWALK

—When Trump Plaza opened on May 14, 1984, in the middle of the Atlantic City boardwalk, Donald Trump called it the finest building in Atlantic City, and possibly the nation. He opened Trump's Castle, later Trump Marina, in the city's marina district in 1985 and opened the $1 billion Trump Taj Mahal in 1991.

BANKRUPTCIES

—The casinos went through bankruptcies in 1991, 1992, 2004 and 2009. Trump lost majority control of the company in 2004 and left his position as chairman in 2009. Trump Marina was sold in 2011.

TAKING HIS NAME OFF THE BOARDWALK

—Donald Trump sued Trump Entertainment Resorts last month and demanded that they remove his name from the two casinos. "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," Trump said.

TRUMP'S RETURN?

—"I left Atlantic City years ago, good timing. Now I may buy back in, at much lower price, to save Plaza & Taj. They were run badly by funds!" read the message on Trump's official Twitter account. "It is so sad to see what has happened to Atlantic City. So many bad decisions by the pols over the years — airport, convention center, etc."

Trump didn't immediately return a call seeking clarification of his plans.