Trump financed the construction of Trump Taj Mahal casino by taking out high interest loans which meant that he had to make $1.3M a day just to cover both the debt service and operating expenses, a level no casino had ever previously achieved and it proved impossible long-term.
I think Trump should stay far away from anything that has to do with the economy.
In the mildest defense Atlantic City was kinda already imploding kinda like what’s happening in Vegas right now. Frankly they should’ve kept with the old school look and pulled a Santa Monica or Venice Beach tourism schtick.
Don’t forget that trump is so business savvy he bankrupted a casino.
A casino.
Trump financed the construction of Trump Taj Mahal casino by taking out high interest loans which meant that he had to make $1.3M a day just to cover both the debt service and operating expenses, a level no casino had ever previously achieved and it proved impossible long-term.
I think Trump should stay far away from anything that has to do with the economy.
He was probably planning on his usual strategy of just not paying his debts.
Three times. In *fucking Atlantic City *.
Definitely money laundering.
In the mildest defense Atlantic City was kinda already imploding kinda like what’s happening in Vegas right now. Frankly they should’ve kept with the old school look and pulled a Santa Monica or Venice Beach tourism schtick.