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Trump's most extravagant real estate investment: the rise and fall of the Trump Taj Mahal Casino, which is renowned as one of the eight wonders of the world
The Trump Taj Mahal Casino and Resort, located in Atlantic City, New Jersey, was opened in the 1990s and was once hailed as the eighth wonder of the world. It was also the boldest real estate project invested by Trump. The current Taj Mahal Casino has been acquired by Hard Rock International and transformed into the Hard Rock Hotel & Casino theme casino. The original Taj Mahal Casino, located in Atlantic City, was built in the style of the Taj Mahal Palace in India and was also hailed as the eighth wonder of the world. (Note: The original Taj Mahal is located in India and is hailed as the seventh wonder of the world. It was built by an Indian prince in memory of his deceased princess and is a famous tourist destination.)
The Taj Mahal Casino, which cost $1 billion to build, caused a sensation when it opened. Trump threw a grand party, with even Michael Jackson as a guest. The casino features various entertainment facilities, slot machines, and even the first flagship store of the famous American strip club Scores.
Trump once had grand ambitions to become the king of the gambling world. He acquired three casinos in Atlantic City, including Trump Plaza, Trump Castle, and Trump Taj Mahal. However, all three have since closed down. This article introduces the story and rise and fall of the Taj Mahal casino, and analyzes Trump's possible industry trends and layout for this year.
Trump invested in and purchased the Taj Mahal Casino in the 1990s.
The casino resort, originally known as the Taj Mahal, began construction in 1983 and was operated by an international resort company at that time.