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Trump Marina casino being sold for $316M (Bought by Jimmy Buffett 'Margaritaville')
AP ^ | May 29, 2008 | WAYNE PARRY

Posted on 05/30/2008 8:08:51 PM PDT by RDTF

ATLANTIC CITY, N.J. (AP) — In recent years, the Trump Marina Hotel Casino has been wasting away in Atlantic City's ultra-competitive casino market, searching for its lost shaker of salt, if you will.

Now, it's about to be reborn with a tropical theme under new owners who are bringing singer Jimmy Buffett's "Margaritaville" brand to the Northeast in hopes of reviving a property that had become as listless as the hero of Buffett's hit song.

Coastal Marina LLC, an affiliate of Coastal Development LLC, said Thursday it is buying the casino from Trump Entertainment Resorts Inc., the casino company founded by real estate magnate Donald Trump.

-snip-

(Excerpt) Read more at ap.google.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: New Jersey
KEYWORDS: atlanticcity; casino; margaritaville; trump
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To: crabpott

I forgot, our sailboat is The Southern Cross.
Brother’s boat is Latitude Dancer.
Sound like die hard fans? rofl


41 posted on 05/31/2008 8:15:05 AM PDT by sheana
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To: Texas Eagle

Margaritaville is a good party song but it’s not my favorite. A Pirate Looks At 40 is.


42 posted on 05/31/2008 8:49:34 AM PDT by ktscarlett66 (Face it girls....I'm older and I have more insurance....)
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To: ktscarlett66

See post #40 ;)


43 posted on 05/31/2008 4:03:39 PM PDT by sheana
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To: doc1019
"Gee, a few number one songs and he can afford a 316M mortgage!"

I saw a documentary on Buffett a few years back. At that time he was bringing in $36 mil a year from concerts, clothing lines, etc. I know he's had the clothing since the 80's because I bought several of his shirts for my brother, which were $35 apiece back then. He is also quite a shrewd investor and has turned his very nice income into a real fortune. He has several degrees and is far smarter than his flip-flopped, easy going manner would initially indicate.

44 posted on 05/31/2008 4:12:57 PM PDT by JustaDumbBlonde ("When the government fears the people there is liberty ... " Thomas Jefferson)
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To: sheana

I saw that! Thanks for the heads up :)


45 posted on 05/31/2008 4:39:07 PM PDT by ktscarlett66 (Face it girls....I'm older and I have more insurance....)
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To: sheana

“some of it’s magic, some of it’s tragic
But I had a good life all the way.” :)


46 posted on 05/31/2008 4:44:01 PM PDT by ktscarlett66 (Face it girls....I'm older and I have more insurance....)
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To: RDTF

No more free drinks at the tables.... $13.00 blender drinks for all!


47 posted on 05/31/2008 4:44:28 PM PDT by steveo (Time flies like an arrow, fruit flies like a banana.)
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