Trump World's Fair casino closure
- Promised
- The company reopened the property as Trump World's Fair as part of its Atlantic City growth strategy.Open cited record · 2 sources
- The record
- The public company closed the casino and later demolished the property.Open cited record · 2 sources
- Who paid
- Employees, creditors, and shareholders bore the effects of the closure and asset write-off.Open cited record
- Trump World's Fair employees
- Trump Hotels & Casino Resorts public shareholders
- Audit finding
- contradicted
The closure contradicted the property's redevelopment pitch and produced a write-off for the public casino company.
Causal strength: documented mechanism