Trump castle casino atlantic city12/23/2023 ![]() The company took over Trump Plaza and purchased the Taj Mahal. In 1995, Trump established the Trump Hotel and Casino Resorts (THCR) as a publicly-traded company. Underfunded, it was seen as a venture doomed to fail. Just one year later, the Taj Mahal was forced to go into Chapter 11 bankruptcy, Trump Plaza and Castle following suite in 1992. ![]() However, since he won the unfinished Taj Mahal from talk show host Merv Griffin, total debt on the casino exceeded $820 million. Seen as the crown jewel of Atlantic City, it brought in visitors from all over the world, including many celebrities. This $1 billion project, opened in April 1990, was New Jersey‘s tallest building (at 42-stories) and one of the world’s largest casinos. Next, he began one of biggest projects of his career: opening Trump Taj Mahal.
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