Boz
Boz
Joined: Sep 22, 2011
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February 14th, 2013 at 3:32:29 PM permalink
http://www.pressofatlanticcity.com/news/top_three/trump-plaza-sold-to-california-company/article_dcb69502-76e8-11e2-9f0a-001a4bcf887a.html

How the mightly have fallen! Great location and maybe a bargain in the end if they run it right.
Boz
Boz
Joined: Sep 22, 2011
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February 14th, 2013 at 3:41:32 PM permalink
Or they could have bought Revel for 100+ times as much and hired Kevin to run it
sodawater
sodawater
Joined: May 14, 2012
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February 14th, 2013 at 3:44:52 PM permalink
we should have all pitched in on the forums here and bought it ourselves
EvenBob
EvenBob
Joined: Jul 18, 2010
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February 14th, 2013 at 3:48:39 PM permalink
Quote: sodawater

we should have all pitched in on the forums here and bought it ourselves



Ahigh could have bought it with petty cash, then he'd
have lots of craps tables to practice on..
"It's not enough to succeed, your friends must fail." Gore Vidal
sodawater
sodawater
Joined: May 14, 2012
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February 14th, 2013 at 3:52:36 PM permalink
Quote: EvenBob

Ahigh could have bought it with petty cash, then he'd
have lots of craps tables to practice on..



some pretty good overhead cameras, too
pacomartin
pacomartin
Joined: Jan 14, 2010
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February 14th, 2013 at 4:15:10 PM permalink
Quote: Boz

How the mightly have fallen! Great location and maybe a bargain in the end if they run it right.



At $20 m it is worth a chance.
rainman
rainman
Joined: Mar 28, 2012
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February 14th, 2013 at 4:17:26 PM permalink
Quote: pacomartin

At $20 m it is worth a chance.



I concur 20 m for a turn key seems pretty good.
Wizard
Administrator
Wizard
Joined: Oct 14, 2009
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February 14th, 2013 at 4:53:21 PM permalink
That is what a house, albeit a nice one, costs in Bel Air or Montecito.
It's not whether you win or lose; it's whether or not you had a good bet.
EvenBob
EvenBob
Joined: Jul 18, 2010
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February 14th, 2013 at 4:55:13 PM permalink
There's a reason it sold so cheap, there always is. Just
because it looks like a bargain doesn't really mean
anything.
"It's not enough to succeed, your friends must fail." Gore Vidal
Bhappy
Bhappy
Joined: Aug 24, 2012
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February 17th, 2013 at 8:47:13 AM permalink
I had read an article that said they had two deteriorating properties. No one was willing to loan them money for upgrades - specifically Taj. They wanted to sell Trump to raise some money for Taj upgrade.

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