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Trump Plaza Hotel And Casino
Trump Plaza was a hotel and casino on the Boardwalk in Atlantic City, New Jersey, owned by Trump Entertainment Resorts. Designed by architect Alan Lapidus, it operated from May 15, 1984 until September 16, 2014. History The beginning The Trump Organization, a company owned by real estate developer Donald Trump, began construction of the casino in June 1982. Harrah's, the gaming unit of Holiday Inn, joined as a partner a month later. Trump would oversee the construction, while Harrah's would operate the property, referred to as Harrah's Boardwalk, after opening. The property opened as Harrah's at Trump Plaza on May 14, 1984. The complex contained 614 rooms, seven restaurants, a health club, a 750-seat showroom and a casino, all on a narrow plot of land next to Caesars Atlantic City. Five months after opening, the name was changed to simply Trump Plaza, to avoid confusion with Harrah's Marina. Part of the reason for this is that Harrah's was commonly associated with and attr ...
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Trump Plaza (other)
Trump Plaza may refer to: *Trump Plaza Hotel and Casino, Atlantic City, New Jersey (demolished) * Trump Plaza (New Rochelle), New York * Trump Plaza (New York City), New York * Trump Plaza (Jersey City), New Jersey * Trump Plaza (West Palm Beach), Florida *Elite Tower, formerly known as Trump Plaza Tower, Israel (planned) *Trump Plaza and Riverwalk, the park surrounding Trump International Hotel and Tower in Chicago See also *Trump (other) * Trump Tower (other) *Trump International Hotel and Tower Trump International Hotel may refer to: Current Five buildings are named Trump Hotels with four owned/operated by the Trump organization: * Trump International Hotel and Tower (Chicago) * Trump International Hotel and Tower (New York City) * Tru ... {{disambiguation Architectural disambiguation pages ...
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The Press Of Atlantic City
''The Press of Atlantic City'' is the fourth-largest daily newspaper in New Jersey. Originally based in Pleasantville, it is the primary newspaper for southeastern New Jersey and the Jersey Shore. The newspaper designated market runs from Waretown in southern Ocean County (exit 69 on the Garden State Parkway) down to Cape May (exit 0). It also reaches west to Cumberland County. The paper has a combined print and digital daily circulation of 72,846 and a Sunday circulation of 95,626. The ''Press'' closed its printing facility in Pleasantville in 2014, at which time it outsourced printing to a facility in Freehold. That printing plant (owned by Gannett) closed in 2017, with most of the New Jersey printing and production operations consolidated in Gannett's Rockaway plant. Coverage focuses largely on local and regional news, with limited state, national and international news appearing on the Nation & World page in the Money section. ''The Press'' also publishes various other pr ...
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Prepackaged Bankruptcy
Pre-packaged insolvency (a "pre-pack") is a kind of bankruptcy procedure, where a restructure plan is agreed in advance of a company declaring its insolvency. In the United States pre-packs are often used in a Chapter 11 filing. In the United Kingdom, pre-packs have become popular since the Enterprise Act 2002, which has made administration the dominant insolvency procedure. Such arrangements are also available in Canada under the Companies' Creditors Arrangements Act. United Kingdom The term "pre-pack sale" has been defined by the Association of Business Recovery Professionals as "an arrangement under which the sale of all or part of a company’s business or assets is negotiated with a purchaser prior to the appointment of an administrator, and the administrator effects the sale immediately on, or shortly after, his appointment".http://www.r3.org.uk/media/documents/technical_library/SIPS/SIP%2016%20E&W.pdf The difference between a pre-pack sale and a normal sale is that in a no ...
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Preferred Stock
Preferred stock (also called preferred shares, preference shares, or simply preferreds) is a component of share capital that may have any combination of features not possessed by common stock, including properties of both an equity and a debt instrument, and is generally considered a hybrid instrument. Preferred stocks are senior (i.e., higher ranking) to common stock but subordinate to bonds in terms of claim (or rights to their share of the assets of the company, given that such assets are payable to the returnee stock bond) and may have priority over common stock (ordinary shares) in the payment of dividends and upon liquidation. Terms of the preferred stock are described in the issuing company's articles of association or articles of incorporation. Like bonds, preferred stocks are rated by major credit rating agencies. Their ratings are generally lower than those of bonds, because preferred dividends do not carry the same guarantees as interest payments from bonds, and becaus ...
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Debt Restructuring
Debt restructuring is a process that allows a private or public company or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continue its operations. Replacement of old debt by new debt when not under financial distress is called "refinancing". Out-of-court restructurings, also known as s, are increasingly becoming a global reality. Motivation Debt restructuring involves a reduction of debt and an extension of payment terms and is usually less expensive than bankruptcy. The main costs associated with debt restructuring are the time and effort spent negotiating with bankers, creditors, vendors, and tax authorities. In the United States, small business bankruptcy filings cost at least $50,000 in legal and court fees, and filing costs in excess of $100,000 are common. By some measures, only 20% of firms survive Chapter 11 bankruptcy filings. Historically, debt restruc ...
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Trump Taj Mahal
The Hard Rock Hotel & Casino Atlantic City (formerly Trump Taj Mahal) is a casino and hotel on the List of boardwalks in the United States#Atlantic City, Boardwalk, owned by Hard Rock Cafe, Hard Rock International, in Atlantic City, New Jersey. The casino, originally known as the ''Trump Taj Mahal,'' was inaugurated by its then-owner Donald Trump in 1990, and was built at a total cost of nearly US$1 billion. Original restaurants at the Taj Mahal included Hard Rock Cafe, Sultan's Feast, Dynasty, Il Mulino New York, Moon at Dynasty, and Robert's Steakhouse. It was also the home of Scores, the country's first in-casino strip club. The Taj Mahal came to the brink of closure in 2014 as its parent company went through bankruptcy, but ultimately remained open under the new ownership of Icahn Enterprises. In 2015, the Taj Mahal admitted to having "willfully violated" anti-money-laundering regulations for years and was fined $10 million. It was the highest penalty ever levied by the Fed ...
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Casino (film)
''Casino'' is a 1995 American epic crime film directed by Martin Scorsese, produced by Barbara De Fina and distributed by Universal Pictures. It is based on the 1995 nonfiction book '' Casino: Love and Honor in Las Vegas'' by Nicholas Pileggi, who also co-wrote the screenplay along with Scorsese. It stars Robert De Niro, Sharon Stone, Joe Pesci, Don Rickles, Kevin Pollak, and James Woods. The film was the eighth collaboration between director Scorsese and De Niro. ''Casino'' follows Sam "Ace" Rothstein (De Niro), a Jewish American gambling expert handicapper who is asked by the Chicago Outfit to oversee the day-to-day casino and hotel operations at the Tangiers Casino in Las Vegas. Other major characters include Nicky Santoro (Pesci), a "made man" and friend of Sam, and Ginger McKenna (Stone), a streetwise chip hustler who Sam marries and has a daughter with. The film details Sam's operation of the casino, the difficulties he confronts in his job, the Mafia's involvement w ...
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Martin Scorsese
Martin Charles Scorsese ( , ; born November 17, 1942) is an American film director, producer, screenwriter and actor. Scorsese emerged as one of the major figures of the New Hollywood era. He is the recipient of List of awards and nominations received by Martin Scorsese, many major accolades, including an Academy Award, a Grammy Award, three Primetime Emmy Awards, Emmy Awards, four British Academy Film Awards, two Directors Guild of America Awards, an AFI Life Achievement Award and the Kennedy Center Honor in 2007. Five of his films have been inducted into the National Film Registry by the Library of Congress as "culturally, historically or aesthetically significant". Scorsese received an Master of Arts, MA from New York University's Steinhardt School of Culture, Education, and Human Development in 1968. His directorial debut, ''Who's That Knocking at My Door'' (1967), was accepted into the Chicago Film Festival. In the 1970s and 1980s decades, Martin Scorsese filmography, ...
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Akio Kashiwagi
was a wealthy Tokyo-based real estate investor who was known for the large amounts of money he wagered at Las Vegas and Atlantic City casinos. Business background Kashiwagi owned a home and office in Tokyo, out of which he ran the Kashiwagi Shoji Company. He stated that he was the sole principal of his real estate and investment business. He claimed an income of a hundred million dollars a year, and a billion dollars in assets. His finances were so secretive that a credit review for casino officials declared his profession only as 'business'. Gambling habits Kashiwagi regularly played baccarat for large sums, betting $100,000 or $200,000 a hand, for hours at a time. He later got into a legal wrangle with the Trump Plaza Hotel and Casino in Atlantic City in 1990 over a deal in which Kashiwagi was to bet $12 million. Kashiwagi left the casino with two million dollars in chips, having lost ten million. He claimed the casino had failed to hold up its end of the deal. The charact ...
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Japan
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north toward the East China Sea, Philippine Sea, and Taiwan in the south. Japan is a part of the Ring of Fire, and spans Japanese archipelago, an archipelago of List of islands of Japan, 6852 islands covering ; the five main islands are Hokkaido, Honshu (the "mainland"), Shikoku, Kyushu, and Okinawa Island, Okinawa. Tokyo is the Capital of Japan, nation's capital and largest city, followed by Yokohama, Osaka, Nagoya, Sapporo, Fukuoka, Kobe, and Kyoto. Japan is the List of countries and dependencies by population, eleventh most populous country in the world, as well as one of the List of countries and dependencies by population density, most densely populated and Urbanization by country, urbanized. About three-fourths of Geography of Japan, the c ...
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Professional Boxing
Professional boxing, or prizefighting, is regulated, sanctioned boxing. Professional boxing bouts are fought for a purse bid, purse that is divided between the boxers as determined by contract. Most professional bouts are supervised by a regulatory authority to guarantee the fighters' safety. Most high-profile bouts obtain the endorsement of a sanctioning body, which awards championship belts, establishes rules, and assigns its own judges and referees. In contrast with amateur boxing, professional bouts are typically much longer and can last up to twelve rounds, though less significant fights can be as short as four rounds. Protective headgear is not permitted, and boxers are generally allowed to take substantial punishment before a fight is halted. Professional boxing has enjoyed a much higher profile than amateur boxing throughout the 20th century and beyond. Boxing in Cuba, Professional boxing was banned in Cuba from 1961 to April 2022. So was also the case in Sweden between ...
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WrestleMania V
WrestleMania V was the fifth annual WrestleMania professional wrestling pay-per-view (PPV) event produced by the World Wrestling Federation (WWF, now WWE). It took place on April 2, 1989, at the Boardwalk Hall in Atlantic City, New Jersey.The venue was referred to as the Trump Plaza during the broadcast. A total of 14 matches were contested at the event. The main event was Hulk Hogan versus "Macho Man" Randy Savage for the WWF World Heavyweight Championship billed "The Mega Powers Explode" which Hogan won after a leg drop. Miss Elizabeth was at ringside in a neutral corner for the first half of the main event prior to the referee sending her to the locker room area. The undercard included matches pitting Ravishing Rick Rude against The Ultimate Warrior for the WWF Intercontinental Heavyweight Championship, The Hart Foundation (Bret Hart and Jim Neidhart) against Greg Valentine and The Honky Tonk Man, and Demolition ( Ax and Smash) against Powers of Pain and Mr. Fuji in a handic ...
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