TRUMP SEEKS NEW THEME FOR SAGGING CASINO.Byline: Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. Donald J. Trump broke off talks aimed at converting his Trump's Castle Casino Resort into a Hard Rock casino hotel. The search for a new theme for his least-profitable casino goes on. ``We don't like the castle theme, we never liked the castle theme,'' Trump said Monday, adding that he expects to reveal a new strategy shortly. Trump has been searching for a way to boost the casino's flagging fortunes all year. In June, he told a gambling industry conference he would spend $75 million to build and dock a 430-foot yacht with 30,000 square feet of casino space. The idea apparently did not float, though. In October, he said he was in talks with Rank Organization, the London-based parent of Hard Rock Cafe Hard Rock Cafe is a chain of casual dining restaurants. It was founded in 1971 by Isaac Tigrett and Peter Morton, and their first Hard Rock Cafe opened near Hyde Park Corner in London, in a former Rolls Royce car dealerships showroom close to Hyde Park, where in 1979 they began to , to re-theme the 728-room marina district property. At the time, Trump said he was seeking $325 million in the deal. Last month, he scheduled a news conference in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of to announce the deal. But the event was called off the night before, reportedly because of logistical problems, even though Trump and Hard Rock CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. James Berk were close by, in Atlantic City Atlantic City, city (1990 pop. 37,986), Atlantic co., SE N.J., an Atlantic resort and convention center; settled c.1790, inc. 1854. Situated on Absecon Island, a barrier island 10 mi (16. to open a Hard Rock Cafe at Trump Taj Mahal. On Monday, Trump Hotels & Casino Resorts - Trump's publicly held casino company - issued a news release saying it had cut off talks with Hard Rock. Trump Hotels stock fell 1-7/8, or 13 percent, to close at 12-1/4 a share on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . |
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