Gaming News

Deadline looms for Trump Marina purchase

ATLANTIC CITY, New Jersey -- As reported by The Providence Journal: "Today is the deadline for Coastal Development L.L.C., of New York, to buy the Trump Marina casino in Atlantic City.

"It is highly unlikely, however, that a deal will be made final any time soon. As of yesterday, Coastal still had not finished filing the necessary paperwork for interim casino authorization, which is required for casino acquisition in New Jersey.

"'The application is not complete,' Casino Control Commission spokesman Dan Heneghan said yesterday regarding Coastal's application for the interim authorization.

"All talks between Trump Entertainment Resorts Inc. executives and Coastal over the Marina deal came to a standstill yesterday when violence erupted at another Trump property, the Taj Mahal. A casino manager at the Taj was shot to death, apparently by a customer, about midafternoon..."

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