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Trump Casinos To Get $110M Renovation

ATLANTIC CITY-The money is earmarked for new lobbies for both the Taj Mahal and Trump Plaza, as well as upgrading every room in all three Trump casinos.

By Sean Ryan | Updated on December 15, 2005

Sean Ryan is associate editor of Real Estate New Jersey .

ATLANTIC CITY-Trump Entertainment Resorts plans $110 million in capital improvements, the first phase of a multi-year plan to turn around the troubled casino operator. No details on financing for the effort were disclosed.

“These projects range from the creation of memorable new food venues to the design and creation of entertainment experiences that positively change the atmosphere as customers enter our properties,” says James B. Perry, Trump’s president and CEO. The $110 million does not include the $32 million that has already gone into properties in 2005. Some $25 million of that total is earmarked for a new retail and restaurant promenade along the entrance corridor to the Trump Taj Mahal parking garage. A new high-end Asian gaming area, a new casino lounge and noodle bar are also planned. These renovations are not part of the 800-room tower currently slated to begin construction in June 2006.

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