The Trump Plaza Hotel and Casino was the first of three casinos Donald Trump owned in. Now, he’s washing his hands of the whole thing, having decided, some 12 months after taking over, that he wants to go minimalist with his Atlantic City casino holdings. Humble beginnings: the entrance to Harrahs Trump Plaza, as it was known in 1985. After a six-month battle with the casino’s union, which wanted “pay raises and the restoration of health-care benefits for some 1,000 cleaners, cooks, waitresses and other workers at the Trump Taj Mahal,” according to The Wall Street Journal, Icahn shut the place down, blaming union president Bob McDevitt. The casino built by former President Donald Trump was once the playground of the rich and famous, but. (Then presidential candidate Donald Trump hadn’t been involved with the company since 2009, save for a 10 percent ownership stake for the right to use his name on the side of the building.) At the time, Icahn said his acquisition would mark “the beginning of turnaround” for the Taj and turn it into “one of Atlantic City’s few success stories.” The former Trump Plaza casino is imploded on Wednesday, Feb. In February 2016, billionaire investor Carl Icahn took over the Trump Taj Mahal casino in Atlantic City after its parent company, Trump Entertainment Resorts, emerged from chapter 11 bankruptcy.
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