Trump: Plaza and Taj Mahal casinos too shabby to bear his name anymore
The real estate mogul said he had sued Trump Entertainment Resorts, a descendant of a corporate entity he once controlled, because it has allowed its two Atlantic City casinos, the Trump Plaza and the Trump Taj Mahal, to fall into disrepair, tarnishing his personal brand and confusing customers.
"I want it off both of them," Trump said Tuesday evening. "I've been away from Atlantic City for many years. People think we operate [the company], and we don't. It's not us. It's not me."
The lawsuit, filed in Superior Court in Atlantic County, seeks a court order directing Trump Entertainment Resorts to immediately cure what it terms a breach of Trump's licensing agreement with the company or remove his name from the casinos and the company itself.
Trump Entertainment Resorts CEO Robert Griffin declined to comment.
Trump appears particularly vexed at the impending closing of Trump Plaza on Sept. 16.
In the lawsuit, he asserts Trump Plaza failed two quality review tests carried out by a third-party consulting firm, one in 2012 and the other three weeks ago. Days later, Trump asserts, the company sent letters to its employees and announced it would close Trump Plaza in September without notifying him.
"Not only does the issuance of these WARN notices further harm the Trump name and brand, but it also underscores the [company's] inability to remedy the appalling conditions that gave rise to the defaults under the licensing agreement in the first place," the lawsuit says.
Trump said the casinos fail to meet industry standards regarding hotel services, food and beverage operations, and overall cleanliness, which he said guests had been complaining about for years.
Trump does not run or control Trump Entertainment Resorts, which was formed after the Trump casino empire emerged from the second of its three bankruptcies. He retains a 10 percent stake, which enables the company to use his name for licensing purposes.
Trump said he has not considered whether to divest his remaining ownership stake in the company.