Trump eyes up Massachusetts expansion
Friday, November 30th, 2007Donald Trump is currently scouting out locations in Massachusetts for a new casino resort, it has been reported.
According to the Boston Globe, the gaming and property mogul and his team have been checking out a number of possible locations across the state for a proposed luxury resort.
At present, the list of likely sites has been whittled down to just 12 locations, including waterfronts in Fall River, New Bedford and Warren.
In addition, executives from Trump’s resort development arm have also met with the mayors of the towns of Chicopee and Holyoke.
At the start of this month it was reported that shares in Trump Entertainment Resorts fell by as much as 15 per cent in value after a planned deal with the Baltimore developer Cordish Co for a new $200 million casino close to Indianapolis fell through.
Industry experts cite increased competition from nearby New York and Pennsylvania gaming venues for the continued stunted performance of Trump’s Atlantic City casinos.