Casino news from http://news.monstersandcritics.com/
Oct 24, 2006
ATLANTIC CITY, NJ, United States (UPI) -- U.S. casino mogul Steve Wynn and developer Donald Trump are discussing a deal that reportedly involves property in Atlantic City, N.J.
Wynn wants to build a casino on the city`s boardwalk, the Newark (N.J.) Star-Ledger reported Tuesday, and his preferred site includes 12 acres where the current Trump Plaza sits.
For his part, Trump is interested in building a residential tower in front of the Trump Taj Mahal. Also, investors in Trump`s Atlantic City properties have urged him to diversify his casino holdings beyond the New Jersey site, a move that might be easier if he sells acreage to Wynn.
Any deal between the two businessmen might also include a swap for land that Wynn owns in Las Vegas, the newspaper reported, citing anonymous sources.
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