"Trump Entertainment Resorts, Inc. sold the 728-room hospitality and casino building to Fertitta Entertainment and Landry’s Restaurants, Inc. for $38 million, or about $52,200 per room.
Located at 1 Castle Boulevard in Atlantic City, the facility sits on more than 14 acres of land. The new owners plan to renovate the property, transforming the property into the Golden Nugget. Upon completion of the renovations the Golden Nugget will contain a total of 740 rooms and suites, and will be the only casino with a full service marina."
Thursday, June 2, 2011
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