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Trump Out Of Presidential Race And Off Atlantic City Casino

The man who helped build the gaming capital of the East Coast is losing his presence in Atlantic City one casino at a time. On a day when Donald Trump announced he would not be running for president, his name was being removed from Trump Marina Hotel Casino.

The casino has been sold to Landry's Inc., and the sale is expected to be completed next Monday when New Jersey gaming regulators sign off on the deal. The casino is being purchased for $38 million. Taking the place of Trump Marina will be the Golden Nugget.

This is not the first time that the Golden Nugget brand has popped up in Atlantic City. From 1980 to 1987, what is currently the Atlantic City Hilton Casino Resort was the Golden Nugget, owned by Steve Wynn. The Las Vegas gaming mogul sold the casino to Bally Manufacturing Corp.

As for Trump, with his name being eliminated from the casino, it leaves only two casinos left in Atlantic City bearing the name of a person largely responsible for building AC into what it has been for the past quarter-century. The turnover in the gaming industry in Atlantic City has been fluid in recent years.

"The Atlantic City that our parents talk about is no more," said Gaming Analyst Steve Schwartz. "The economy and competition from around the US has destroyed the old AC, and it is being replaced by developers who are looking to revive the once-proud gaming industry in New Jersey."

One of the major changes in AC happened just this year. Resorts Atlantic City, the oldest casino resort on the Boardwalk, has been re-branded in the theme of prohibition. The HBO series Boardwalk Empire was the inspiration for the change to Resorts. The-re-branding will continue with the Golden Nugget. Landry's will be bringing with them, new dining options, along with many other new features for gamblers to enjoy. Chart House will be the prize restaurant of the Golden Nugget.

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