are extremely happy with our ownership of the Tropicana Casino and Resort, and after considerable analysis and deliberation we determined that we only wanted to own one operating casino property in Atlantic City,' he said in a statement Wednesday night. He said in January he had lost about $300 million US owning the Taj Mahal, and would be delighted if he could sell it for half that amount. Icahn, who also owns Atlantic City's Tropicana Casino and Resort, said he decided one casino in town is enough.
The sale comes four months after Icahn closed it amid a crippling strike. Billionaire investor Carl Icahn reached a deal Wednesday to sell the shuttered Trump Taj Mahal casino in Atlantic City to Hard Rock International and two New Jersey investors.