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The Taj Mahal was the highest grossing casino in the city until the opening of The Borgata in 2003. In 2008, The Chairman Tower opened, bringing the complex to over 2,000 rooms. [citation needed] In 2013, the Taj Mahal opened the nation's first casino strip club, featuring scantily clad dancers. [33] [34]
Trump Entertainment Resorts, Inc. was a gambling and hospitality company. The company previously owned and operated the now-demolished Trump Plaza and Trump World's Fair (both in Atlantic City), the now-closed Trump Marina, Trump Casino & Hotel in Gary, Indiana, Trump 29 in Coachella, California, and Trump Taj Mahal in Atlantic City.
Hotel Rooms [1] Section of Atlantic City Bally's: December 29, 1979 ... Renamed Atlantic Club Casino Hotel: Atlantic City Hilton: ... Trump Taj Mahal: April 2, 1990 ...
The company in 1983 began construction of the Taj Mahal casino, adjacent to the Resorts International casino, with an estimated budget of $250 million. [17] [18] The Resorts Casino Hotel had seen declining profits after 1979, as it faced competition from newly opened Atlantic City casinos, and a general slump in the casino industry.
On March 30, 1987, the Showboat Hotel, Casino and Bowling Center opened with a 60,000-square-foot (5,600 m 2) casino and a 60-lane bowling alley. [4] The complex was built on land leased from Resorts International, [5] just north of the under-construction Resorts Taj Mahal (which became the Trump Taj Mahal upon opening in 1990, now the Hard Rock Hotel & Casino Atlantic City).
Trump Plaza's revenues took a sharp decline in 1990, due to competition from its newly opened sister property, the Trump Taj Mahal, which was a mile away. [15] The casino narrowly averted default on a 1991 payment to bondholders by taking out a $25 million mortgage on its parking garage. [15]
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