From MSNBC: “Trump Marina to become Margaritaville”
In recent years, the Trump Marina Hotel Casino has been wasting away in Atlantic City’s ultra-competitive casino market, searching for its lost shaker of salt, if you will.
Now, it’s about to be reborn with a tropical theme under new owners who are bringing singer Jimmy Buffett’s “Margaritaville” brand to the Northeast in hopes of reviving a property that had become as listless as the hero of Buffett’s hit song.
From Philly.com: Trump Marina casino being sold for $316M”
A New York gambling company that specializes in financing and developing entertainment resorts is buying Atlantic City’s Trump Marina Hotel Casino for $316 million, and will rename and rebrand it Margaritaville, Trump officials said this morning.
“When you look at the location of the Marina and the Margaritaville theme, there is nothing better than having that cove,” Juliano said. “It’s really a terrific location.”
From a press release by Trump Entertainment Resorts:
Upon successful acquisition of the property, Coastal Marina will re-brand and refurbish the property into a new destination resort under the “Margaritaville™” brand. Richard T. Fields, chairman of Coastal Marina, said: “Together with Jimmy Buffett’s team at Margaritaville™, our plans are to create an exciting new property that we believe will tap its full potential and make it one of the most successful destination gaming resorts in Atlantic City.