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Trump Mulls Starting New Casino in Vegas

Trump Mulls Starting New Casino in Vegas
An aerial view of the Trump International Hotel & Tower on November 6, 2008 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images)

Friday, 26 February 2016 10:36 AM EST

Republican presidential front-runner Donald Trump may be moving back into the casino business — with a new gambling palace built next to his luxury Trump Hotel in Las Vegas, The Wall Street Journal reports.

The billionaire developer's son Eric Trump and casino owner Phil Ruffin, who co-owns the hotel, told The Journal work on the project could begin this year.

Eric said if Ruffin, who is spearheading the idea, wants to go forward, "we would certainly do it. [He is] one of our closest friends. We're almost inseparable."

The proposed casino would sit on four acres — currently used as a parking lot — next to the eight-year-old Trump Hotel.

Ruffin told The Journal that building the new casino would cost about $100 million casino and the Trumps would own 50 percent of it.

It would be Donald Trump's first foray into gambling in Nevada, after having developed several gambling operations in Atlantic City which he is no longer associated with.

If the casino project does go ahead and Trump is elected president, he would likely have to place his business interests in a blind trust, The Journal reports.

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Newsfront
Republican presidential front-runner Donald Trump may be moving back into the casino business - with a new gambling palace built next to his luxury Trump Hotel in Las Vegas, The Wall Street Journal reports.
Trump, Mulls, Starting, Casino, Las Vegas
186
2016-36-26
Friday, 26 February 2016 10:36 AM
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