Comments about Spotlight 29 Casino This is a followup to #546.
| Name: | Cactus | | Date: | Friday August 26, 2016 | | Subject: | Re: How Donald Trump got fired. | | Message: | Let us not forgot that not too long ago, Spotlight 29 Casino gave Trump $6 million dollars to go away.
In May of 2000, Trump signed a deal to manage Spotlight 29 and the casino was rebranded as Trump 29 Casino in April of 2002. Trump’s company helped to secure $60 million dollars in loans for the facility and the contract called for Trump to receive 30 percent of the casino’s net annual revenues for managing – the most allowed.
Trump’s first order of business was to bring singer Marc Anthony to town for a sold out concert, open an oxygen bar, and (of course) slap his name on the place…Trump29-Casino. The arrangement was short lived. In 2005, Spotlight 29 bought out Trump Hotels (which at the time was $1.8 billion dollars in debt)for $6 million and changed the name back to Spotlight 29.
~http://www.cactushugs.com/remember-when-a-local-casino-paid-donald-trump-6-milli on-to-go-away/ ~
Brett Kelman and Jesse Marx, The Desert Sun wrote:
~
> The presidential candidate has campaigned on his reputation for great
~> deals. He was bested by a small Indian tribe with big plans. |
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