Trump to sell one of three Atlantic City casinos

05/30/2008 | Wall Street Journal, The

Trump Entertainment Resorts said this week that it plans to sell the Trump Marina Hotel Casino in Atlantic City, N.J., to New York-based Coastal Marina LLC for $316 million. The casino was the lowest-performing of Trump's Atlantic City casino empire, and the fact that all three properties in the empire weren't sold indicates that Trump may have plans to keep and possibly expand its existing casino business.

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