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Fresh off Atlantic City deal, Seminole Tribe now adding Hard Rock in Canada

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The Seminole Tribe of Florida, which recently bought the former Trump Taj Mahal casino in Atlantic City, is expanding its Hard Rock gambling and entertainment brand to Canada. A Tribe spokesman on Tuesday said that the Seminoles had won a bidding process to open a Hard Rock Casino in Ottawa, the nation’s capital. The deal with the Ontario Lottery and Gaming Corp., pending final approval by Canadian authorities, includes an investment by Rideau Carleton Raceway Holdings Limited, a Canadian horse racing concern. “This is a…

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Sale of ex-Trump Taj Mahal casino to Hard Rock is finalized

in Statewide/Top Headlines by
TRUMP TAJ MAHAL

It’s official: Atlantic City‘s former Trump Taj Mahal casino now belongs to Hard Rock International. The sale of the shuttered casino opened in 1990 by President Donald Trump was finalized Friday. The Florida-based Hard Rock, which manages gambling and resort operations for the Seminole Indian tribe, bought the casino March 1 from billionaire investor Carl Icahn. Icahn is a close friend and adviser to the president. He acquired the Taj Mahal last year from bankruptcy court after Trump was no…

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Seminole Tribe also wants casino near NYC

in Statewide/Top Headlines by
TRUMP TAJ MAHAL

The Seminole Tribe of Florida, now co-owner of Atlantic City’s Trump Taj Mahal casino, also wants to build a $1 billion casino in northern New Jersey just outside New York City. Jim Allen, CEO of Seminole Tribe-controlled Hard Rock International, told The Associated Press on Thursday that the company remains committed to its plan to build a casino at the Meadowlands Racetrack in East Rutherford if voters change the law to allow it. Hard Rock and two investors bought the Taj Mahal, which…

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Seminole Tribe buys former Trump Taj Mahal casino in NJ

in The Bay and the 'Burg/Top Headlines by
TRUMP TAJ MAHAL

The Seminole Tribe of Florida is expanding its gambling holdings to the Garden State. Hard Rock International, which the Tribe controls, Wednesday announced it had bought the shuttered Trump Taj Mahal casino on Atlantic City’s famed boardwalk from billionaire Carl Icahn. The deal includes two New Jersey investors. The sale comes four months after Icahn closed it amid a crippling strike. A sale price was not disclosed. The Tribe operates the Seminole Hard Rock Hotel & Casinos in Tampa and Hollywood. “We are excited to…

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For Donald Trump’s gambling bets, some wins and losses

in 2017/Top Headlines by

The first rule of gambling is sometimes you win and sometimes you lose. Not even Donald Trump was immune to that fundamental truth as he built a gambling empire. He helped Atlantic City grow its casino market into the nation’s second-largest while welcoming celebrity friends like Michael Jackson, smothering his casinos in neon purple carpeting and bringing his touch to decorating: If one chandelier is good, then 17 are better. But the debt he incurred while doing so repeatedly led…

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Bill Day’s latest: A take on gambling addiction

in Apolitical/Top Headlines by

Florida lawmakers are taking up the possibility of gambling reform once again in the newly launched 2015 legislative session. In honor of that 60-day road ahead, editorial cartoonist Bill Day offers his take on one of the most contentious issues in state politics. “While I’m not against gambling, in general,” Day says, “the great danger is addiction and how it drains the middle class and poor.” As an example, Day uses the City of Detroit, which approved casino gambling in 1996, building…

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Florida restaurant and hotel lobby blasts Dana Young’s new gaming bill

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The Florida Restaurant & Lodging Association — a group with outsized importance in our state’s tourism-centric economy — issued a statement Tuesday excoriating the proposal released yesterday by House Majority Leader Dana Young. “We will continue to fight this legislation, along with any other measure that seeks to expand gambling under the false pretense that it will bring additional jobs, attract more tourists, and increase Florida’s tax base,” said FRLA President and CEO Carol Dover. “Florida currently enjoys record number of tourists,…

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