Years ago when nothing is going. Donald Trump has just lost the presidential election without a plume by shaking up US democracy with his horde of faithful taking the Capitol. If he has just escaped the Impeach, he should find himself quickly before the courts to defend his tax return. The fall of his casino seems to summarize the life of a man who tuties the summits to better crash, a sort of icare with orange skin.
Trump Entertainment Resort, the financial chasm
In the 80s, Atlantic City and his Boardwalk were as popular as Las Vegas and his strip. All the Gotha of the East Coast is there for extravagant celebrations and shows with the biggest stars of the time. From Madonna to Prince, including Mike Tyson's fights, Atlantic City was the capital of games and entertainment on the East Coast. Donald Trump was at the firmament of his glory with a TV show and an empire of real estate he had built thanks to his father's business. The myth of the super entrepreneur from the stream was purely invented to lather Donald and smoke the gogos who would vote for him. His experience in the world of game is at least an industrial disaster.
Trump Plaza Casino and Hotel is a chasm that combines the reverse. You have to be fair and talk about the decline of Atlantic City which has never been able to resist the development of vegas and the subprime crisis, thus causing casinos in its loss. Some have existed since the 1920s. The pandemic should end up completing the last ones who stand up. Atlantic City turns into a detention of the 2000s. Donald Trump was at the head of no less than four casinos in the city. In 1999, he had to close the Trump Plaza and Trump World's Fair in 1999. In 2011, Trump Marina was sold by creditors while Trump Taj Mahal will close in 2016.
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The destruction of the Trump Entertainment Resorts has been expected since 2014! The fact that she is doing the front page is simply a circumstance competition and undoubtedly a little revenge of her revenge opponents. The group's subsidiary still filed for three times the record between 2004 and 2014. Donald Trump even had the toupet to go to court so that Trump Plaza changes his name, because he was harming in his image. Carl Icahn, the owner, at that time, is one of the former creditors of the former president. Justice has proved him right and Carl Icahn lost his main means of pressure. From there, the casino was more or less abandoned and its destruction became of public interest since at each storm, pieces of the building finished on the promenade below.
It took 3000 dynamite breads to collapse this glass giant and permanently close the Donald Trump page to Atlantic City. You could say that the latter's fall was less majestic than the collapse of his old casino.