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Trump Marina Eyeballed By Mohegan Sun Tribe

By Chuckmonster on Wednesday, 30th January 2008 1:33pm
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Trump Marina To Be Purchased By Mohegan Sun

NJ.com is reporting that executives from Mohegan Sun have engaged in preliminary negotiations with Trump Casinos involving the purchase of the neglected Trump Marina property.

Mohegan Sun's interest in Trump Marina comes a month after they kicked the tires at the Tropicana although no firm offer was publicly made.

With neighboring Borgata (and its Water Club expansion), the coming MGM Grand Atlantic City, refurbished Harrah's AC plus two surrounding undeveloped parcels, the Trump Marina is very likely to pull in a nifty price tag - based on real estate alone - should Trump choose to unload it. Trump Marina is truly an underutilized property that with the right injection of capital (something Trump doesn't have) could be transformed into a truly fabulous property.

Very exciting indeed.

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