November 21, 1991 |
Trump Plaza Fined for Gaming Violation: Trump Plaza Hotel and Casino in Atlantic City, N.J., was fined for providing luxury cars to a high roller in a scheme that allowed him to exchange the vehicles for $1.6 million to gamble. The Casino Control Commission voted 3 to 0 for the $450,000 penalty, which it said was an effort to evade then-existing bans on cash complimentaries. Deputy Atty. Gen.
June 8, 1989 |
An agreement between boxing promoter Don King and Trump Plaza in Atlantic City, N.J., has paved the way for Mike Tyson to defend his heavyweight title against Carl (The Truth) Williams on July 21. The official announcement of the fight had been held up by contract negotiations.
December 14, 1992 |
Trump's Plaza Hotel Bankruptcy Plan Confirmed: U.S. Bankruptcy Judge Prudence Abram approved the bankruptcy reorganization plan for Donald Trump's landmark Plaza Hotel in New York. The prepackaged Chapter 11 plan was confirmed without creditor objection. Under the plan, the junior bank lenders will receive a 49% ownership stake, while Trump's stake will decrease to 51%. Trump bought the Plaza in 1988, and incurred $300 million of long-term debt.
February 25, 1996 |
Even with giant casino hotels dwarfing her crumbling three-story home, Vera Coking refused to sell. An unlikely player in a real-life game of Monopoly, the feisty widow turned down $1 million at least once for her 30-by-60-foot lot, and now says she wants $3 million. She may never get it. Coking watched from the outside as Donald J. Trump's newest casino project, a 22-story addition to neighboring Trump Plaza Hotel and Casino, opened Feb.
June 7, 1990 |
Donald Trump's top executive in this casino city today flatly denied that the New York developer planned to sell any of his gaming halls in the wake of reports of cash flow problems. "Let me tell you today there is no 'For Sale' sign on the Trump properties," said Ed Tracy, president of Trump's three casino complexes and luxury hotel here. "The properties are not for sale--not Trump Plaza, Trump Castle or Taj Mahal."