Latest Carl Icahn News

This July 24, 2014 photo shows the former Trump Plaza casino in Atlantic City, N.J. On Wednesday, Dec. 16, 2020, Atlantic City Mayor Marty Small announced the city will auction off the right to push the button to dynamite the former casino, which is now closed, to raise money for a local youth charity. (AP Photo/Wayne Parry) Sent from Mail for Windows 10

Ex-Trump casino in Atlantic City to be imploded next month

Jan. 21, 2021 11:35 AM EST

ATLANTIC CITY, N.J. (AP) — A former Atlantic City casino built by former President Trump will be imploded on Feb. 17, and city officials announced a new auction connected to it to raise money for a youth charity. Mayor Marty Small on Thursday announced the new date for the destruction of the former Trump...

This Sept. 10, 2014 photo shows a partially burned-out sign on the exterior of the Trump Plaza casino in Atlantic City, N.J. On Monday, Jan. 18, 2021, an auction house soliciting bids for the right to press the button to implode the shuttered casino stopped the effort after receiving a cease-and-desist letter from billionaire Carl Icahn, who owns the property. Icahn says the auction would have promoted something he considered to be a safety risk, and said he will replace the $175,000 that would have gone to the Boys Girls Club of Atlantic City. (AP Photo/Wayne Parry)

Carl Icahn nixes charity bid to blow up ex-Trump casino

Jan. 18, 2021 3:16 PM EST

ATLANTIC CITY, N.J. (AP) — An auction house trying to raise money for a youth charity by soliciting bids to blow up a former casino once owned by President Donald Trump called off the effort Monday after receiving a cease-and-desist letter from conservative billionaire Carl Icahn. Icahn told The Associated...

Gary Royster of Atlantic City holds up cash he used to gamble at the Hard Rock casino in Atlantic City on July 2, 2020, the day the casino reopened after being shut down for months amid the coronavirus outbreak. How quickly Atlantic City bounces back in 2021 will depend in large part on how quickly the coronavirus pandemic is brought under control in the new year. (AP Photo/Wayne Parry)

Virus is the wild card in how Atlantic City fares in 2021

Dec. 31, 2020 9:51 AM EST

ATLANTIC CITY, N.J. (AP) — The new year may be more of a crap shoot than usual for Atlantic City. When and how thoroughly it bounces back is likely to depend on how quickly and effectively the coronavirus pandemic is brought under control in 2021. The usual challenges facing the seaside gambling resort...

This July 24, 2014 photo shows the former Trump Plaza casino in Atlantic City, N.J. On Wednesday, Dec. 16, 2020, Atlantic City Mayor Marty Small announced the city will auction off the right to push the button to dynamite the former casino, which is now closed, to raise money for a local youth charity. (AP Photo/Wayne Parry) Sent from Mail for Windows 10

Implosion of former Trump casino pushed back a few weeks

Dec. 17, 2020 2:12 PM EST

ATLANTIC CITY, N.J. (AP) — The implosion of one of President Donald Trump's former Atlantic City casinos is being delayed by a few weeks. Atlantic City Mayor Marty Small said Thursday that the demolition company handling the job told the city the former Trump Plaza casino cannot be brought down as...

This July 24, 2014 photo shows the former Trump Plaza casino in Atlantic City, N.J. On Wednesday, Dec. 16, 2020, Atlantic City Mayor Marty Small announced the city will auction off the right to push the button to dynamite the former casino, which is now closed, to raise money for a local youth charity. (AP Photo/Wayne Parry) Sent from Mail for Windows 10

City to auction spot to push demolish button on Trump casino

Dec. 16, 2020 3:42 PM EST

ATLANTIC CITY, N.J. (AP) — One of President Donald Trump’s former Atlantic City casinos will be blown up next month, and for the right amount of money, you could be the one to press the button that brings it down. The demolition of the former Trump Plaza casino will become a fundraiser to benefit...