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Trump, Wynn talk casino deal

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
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Published: Oct. 24, 2006 at 4:30 PM
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ATLANTIC CITY, N.J., Oct. 24 (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.

Topics: Donald Trump, Steve Wynn, Taj Mahal
© 2006 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

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