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Tag Archives: Taj mahal

US – War of words continues over Taj Mahal closure

Carl Icahn has said he will sell the shuttered Taj Mahal casino in Atlantic City as long as he makes back the US$300m he has lost on it. Atlantic City’s mayor Don Guardian said that allowing such a huge building to lie dormant on the Boardwalk was the ‘worst of the worst.’ The mayor said…

US – Taj Mahal up for sale following five-year license suspension

Billionaire Carl Icahn has put the Taj Mahal in Atlantic City up for sale following new legislation brought in by state lawmakers. New Jersey legislators have approved a bill that would impose a five-year license suspension for anyone closing down a casino after January 2016. The new law would apply to Carl Icahn who shut…

US – Icahn hinges £100m Taj Mahal investment on no North Jersey casinos

Billionaire casino investor Carl Ichan has agreed to plough US$100m into his newly bought Taj Mahal casino in Atlantic City but only if New Jersey rejects plans to allow two new casinos to be built in the north of the state, just outside New York City. Mr. Icahn, whose Tropicana Entertainment will operate the Taj…