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Atlantic City Casino to Keep TRUMP Name

Tuesday March 10,2015 : ATLANTIC CITY CASINO TO RETAIN TRUMP BRANDING
 
The Donald and Carl Icahn reach a compromise.
 
The Trump name will remain associated with an Atlantic City land casino following a deal this week between the enterprise's main debt holder, Carl Icahn, and US businessman Donald Trump.
 
The troubled Trump Taj Mahal casino is not owned by Trump but carries his name in a franchise agreement signed some time ago. Recently Trump and his daughter Ivanka launched litigation seeking to compel the removal of his name from the run-down casino, which Icahn is trying to save from bankruptcy after extending a $20 million loan to keep it going
 
Reuters reports that the two men have reached a compromise deal, which has still to be approved by the bankruptcy court, and calls for casino owner Trump Entertainment to pay Trump about $172,000 to satisfy an outstanding ground lease claim.
 
One of the conditions in the agreement is that if the casino stops operating for longer than 90 days, the Trump name and brand can be withdrawn.
 
Ivanka Trump said the deal with Icahn allows the Trump family company to retain its rights to monitor the hotel to make sure it's brought up to Trump standards.
 
Trump has in the past successfully had his name stripped off the Trump Plaza - another failed Atlantic City casino.
 
Icahn is acquiring Trump Entertainment by swapping its debt that he owns in return for ownership of the company.



Gambling News :

Oink Country Love Slot Launches - Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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