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Trump atlantic city casino auction11/25/2023 ![]() In 2016, billionaire Carl Icahn bought the company out of bankruptcy court. ![]() Trump owned the casino until 2009, when he relinquished it aside from a 10 percent fee for the use of his name on the property. Trump Plaza, which was opened in 1984, closed after 30 years of operation in 2014. “I wanted to use the demolition of this place to raise money for charity.” “Some of Atlantic City’s iconic moments happened there, but on his way out, Donald Trump openly mocked Atlantic City, saying he made a lot of money and then got out,” Small says. The Boys & Girls Club provides after-school and summer enrichment programs for children and teens in the city.Īccording to Small, some longstanding ill-will regarding Trump’s relationship with the city might help drive up the price at auction. 29, 2021, the Associated Press reports.īy soliciting bids for the right to demolish the structure, Atlantic City Mayor Marty Small says he hopes participants can raise over $1 million for the Boys & Girls Club of Atlantic City. Interested parties can win the opportunity to push the button to implode Donald Trump’s former Atlantic City, New Jersey, casino, Trump Plaza, on Jan.
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