Donald Trump And Gambling: Why Trump Is Scam
Racist High Roller Mobsters Were Welcome At Trump's Casinos
The man who currently sits in the Oval Office is one who sure knows how to choose his friends.
Take Robert LiButti, for example. Not only he was a hot-tempered horse breeder, but he was also known for being a blunt racist and tied to John Gotti, the Italian-American mobster boss from the Gambino Family.
Can a presidential candidate be close to the Gambino family? YES, HE CAN!
Banned from all casinos in Atlantic City because of his relationship with the New Jersey Mob and his unacceptable racist behavior, LiButti "had a longtime relationship with Donald Trump that included gambling millions of dollars at one of his casinos, flying on his helicopter and partying aboard his private yacht," Yahoo's Chief Investigative Correspondent Michael Isikoff reports.
Sure, Trump immediately denied having any personal relationship with LiButti, but he also failed to explain why - back in 1991 - the Trump Plaza received a $200,000 fine by New Jersey regulators "for violating anti-discrimination laws involving complaints linked to LiButti's racist behavior inside the casino."
In case you are wondering what LiButti's behavior was like, here's what Isikoff says about it.
"He did not want women, blacks or other minorities dealing or supervising his games," according to one filing by the state Division of Gaming Enforcement. He referred to one Trump Plaza floor person as a "dumb c***" and "dumb bitch," another as a "Jew broad" and an African-American dealer as a "black bastard." Finding himself playing with an African-American at his craps table, LiButti shouted, "Shoot the f***ing dice. Shoot the f***ing dice like you're f***ing some n*****," according to testimony in the case.
Shoot the f***ing dice. Shoot the f***ing dice like you're f***ing some n*****
There is more. Accommodating LiButti 'gentle' requests to keep away black people from the tables cost Trump an additional $450,000 fine - quite a sum for someone Trump said he wouldn't even be able to recognize. "During the years I very successfully ran the casino business, I knew many high rollers," Trump said. "I assume Mr. LiButti was one of them, but I don't recognize the name."
We all know Trump has no reason to lie about this, and we all believe him: he's running for President of the United States, and he's obviously not going to lie to his voters, right?. What is harder to understand is why LiButti's daughter Edith Creamer decided to call the loud and blond candidate 'a liar.'
"Of course he knew him," Creamer said. I flew in the [Trump] helicopter with [Trump's then wife] Ivana and the kids. My dad flew it up and down [to Atlantic City]. My 35th birthday party was at the Plaza, and Donald was there. After the party, we went on his boat, his big yacht. I like Trump, but it pisses me off that he denies knowing my father. That hurts me."
But that's just a conspiracy by the Democrats. We all know that. Damn you, President Underwood. You are a dirty man.
Read also: The 10 Most Amazing Casino Heists in History
Trump bankrupted not one…not two…not three…but FOUR casinos
However, really - how not to smile when Mr. Trump says that he "very successfully ran the casino business" for years?
Although he doesn't miss a chance to remind everyone that he is "REALLY RICH," the man who's equally famous for his haircut, his mouth, his wife Ivana, and his daughter Ivanka, must have a very interesting idea of what 'being very successful in gambling' means. Especially owning any Donald Trump Casino has been a bit like a round of Russian poker: you may have fun for a while, but there's a very good chance your pockets will be empty by the time you leave the table.
What casinos did Trump own in Atlantic City?
Trump’s reign in office is largely still being written, but for those who lived through his Atlantic City nightmare, it is set in stone.
Trump owned and bankrupted four casinos in his Atlantic City days, namely The Trump Taj Mahal Casino Resort, The Riverboat Casino, The Trump Plaza Hotel, and Trump's Castle. A Trump casino- Las Vegas or Atlantic City or wherever you want to place it- doesn't seem to have Lady Luck on its side.
Bankruptcy #1. The Trump Taj Mahal
The Trump Taj Mahal Casino opened in Atlantic City in 1991, and for a short while, it hosted the second-largest poker room in town after the one at the Borgata. Costing close to one billion dollars, the resort was inaugurated by none other than Michael Jackson. And, oh, it was even home to New Jersey's very first in-casino strip club!
Does Donald Trump still own a Taj Mahal Casino?
Trump managed to bankrupt the casino twice, the first time in 2009, days after he and then-wife Ivanka stepped down from the board. They, of course, remained debt holders and were allowed to have a say in any bankruptcy proceedings. Billionaire investor Carl Icahn and the Trumps each drew up a plan to save the Trump Taj Mahal, with the courts ruling in favour of the latter, allowing the casino to leverage the Trump brand.
However, that wasn’t enough to save the casino. Just a few years later, after being forced to buy overpriced Trump-labelled merchandise and sidled with more debt, the casino went bankrupt a second time. The Trump Taj Mahal was placed into the hands of Icahn after the bankruptcy process was completed in 2015, with the Trumps losing their 10% stake. Trump's great eye for business must have missed something this time. We haven't seen the Trump Taj Mahal closing its doors for good yet, however. The casino is now under the Hard Rock brand and has been rebranded The Hard Rock Hotel & Casino Atlantic City.
Bankruptcy #2. The Riverboat Casino
After it filed for bankruptcy in 2004, the Trump Hotels & Casino Resorts was renamed Trump Entertainment Resorts (TER). To survive the debts that always come with success, Trump had to get rid of some of its most unproductive assets, like a riverboat casino the company controlled in Indiana. One year later, the casino and hotel was sold to The Majestic Stars for $253 million. Oh dear: it appears as if there's anyone unfit to run a Donald Trump casino business, it's Donald Trump. Another failure for another Trump casino.
Bankruptcy #3. The Trump Plaza Hotel
This one should count twice as, much like The Trump Taj Mahal, the Trump Plaza Hotel went through the bankruptcy process twice - in 1992 and 2004. The hotel was finally closed in 2014. Atlantic City must have rued the day Trump decided to go into the gambling business.
Bankruptcy #4. Trump's Castle
Initially built by the Hilton Group, this iconic resort was sold to Trump after the company was denied a license to offer gambling services in New Jersey by the State of New Jersey. The resort opened in 1985 as Trump's Castle and was rebranded Trump Marina in 1997.
As Associated Press reports, after Trump Entertainment entered bankruptcy, the Republican candidate sold the Trump Marina Hotel Casino to Landry's Inc for $38 million. This was a successful and brilliant operation, especially if you consider that the sum is reported to be one tenth of what the Coastal Marina LLC offered to pay for the casino in 2008.
Today, Trump's Castle operates as Golden Nugget Atlantic City. Another Donald Trump bankruptcy in the bag. Let's just hope he doesn't bankrupt America.
Lead image courtesy of RollingStone.com
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