News From The Casino Scene

500 million to be invested in Former Trump Taj Mahal by Hard Rock International

$500 million to be invested in Former Trump Taj Mahal by Hard Rock International

Hard Rock International has announced it will be spending a fortune of $500 million as compared to earlier $ 350 million to transform the former Trump Taj Mahal in Atlantic City, which it purchased in March from Carl Icahn at a steal for $50 million. This resort was created in the Atlantic City resort venue by United States President Donald Trump after spending $1.2 billion.

After the review of the Trump Taj Mahal, which contains 2010 guest rooms, along with the gaming space by the officials of the Hard Rock it was decided that the India-theme décor will be removed to give it the hard rock’s rock n roll theme. In speaking with the Associated Press, Chairman of the Hard Rock, Jim Allen, stated that “it will do no good to put in the guitars the brand is famous for, along with new carpeting without changing out the theme, which includes removing the purple décor and minarets found on the outside of the property.”

When the Taj Mahal was purchased the from bankruptcy, Carl Icahn, had to cut health care and pension benefits due to which the workforce went on strike and Icahn ended up shutting down the casino in October, several months after the strike first began. On top of reopening the gaming venue, the Hard Rock is also working to reestablish a relationship with the Local 54 casino workers union which is also important.

All rights reserved.