Posted 2/18/2013 - 8:08:10 AM
ATLANTIC CITY, NJ–Meruelo Gaming Holdings, LLC, has acquired the Trump Plaza Casino Hotel here for $20 million.
The hotel, which is located between the Boardwalk and Pacific Ave., dates to 1984 and has been part of Donald Trump's Trump Entertainment Resorts. As Atlantic City's fortunes have declined in recent years, Trump has downsized his holdings here. The most recent bad news for Atlantic City has been the continued financial troubles facing the new Revel mega-casino hotel.