So reports the Inquirer today, which couldn’t get comments from Revel or Brookfield Asset Management.
[Update] Carl Icahn says he’s never met Becker.
Never met/spoke to magician Becker @nypost states I've been talking to re running the Taj. Hope & believe Taj can be saved w/out a magician
— Carl Icahn (@Carl_C_Icahn) November 25, 2014
[Original] Herbert Becker, a former Bozo the Clown sidekick who was named America’s best magician twice during the 1970s, may be the person who saves the Taj Mahal Casino in Atlantic City. The New York Post reports Becker — now known as a “turnaround expert” —is in talks with financier Carl Icahn to run the casino.
A bankruptcy attorney for the failed Revel casino hotel has scheduled a meeting Monday in New York in an attempt to save the deal to sell it to Brookfield US Holdings for $110 million.
Brookfield abandoned the deal when it could not come to an agreement with the power plant nearby that was constructed at the same time as Revel and has the casino as its sole client. ACR Energy Partners, which controls the plant, has not been able to reach a deal with Brookfield.
The company that won ownership of Atlantic City’s shuttered Revel Casino during a heated bankruptcy auction last month is walking away from the deal.
The Press of Atlantic City reports Brookfield US Holdings — which bid $110 million on the property — “has made the decision because bondholders controlling debt connected to construction of Revel’s power plant refuse to rework fixed costs connected to the plant’s construction.”
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The Trump Taj Mahal has announced a tentative closing date.
Unless its employee union stops fighting a court-ordered cost savings measure, the casino will close on December 12th, the owners of the resort announced on Thursday.
Workers at the Taj had their health and pension plans voided by a judge last month. The Taj had threatened to close if it lost that ruling. Workers are now challenging it in court.
Bad news if you were heading down to Atlantic City on November 28th to see the much-anticipated Culture Club reunion at Trump Taj Mahal’s Etess Arena. The band just released the following message, announcing that they are canceling all tour dates in the U.S. and U.K for the rest of the year:
It is with great regret that the members of Culture Club have announced the cancellation of their tours in North America and the UK scheduled for November and December 2014.
It became necessary to do so this week when a polyp was discovered in [Boy] George’s throat. The throat specialist has ordered George to not sing as it may necessitate an operation.
George and the band are devastated by this news and so it is with much regret that the tour is cancelled until further notice. Refunds are available at the point of purchase.
“We are hoping we can reschedule the concerts for next year, and hopefully George’s problem will be resolved,” said the members of Culture Club.
Caesars, which owns the now-shuttered Showboat Casino that closed August 31st, has signed an agreement to sell the property to Stockton College.
“If the transaction of Showboat Atlantic City is completed, Stockton will acquire approximately 28 acres and a 1,425,000 square-foot building,” the statement said. “Stockton said it plans to repurpose the former Showboat site as a branch campus. The transaction is subject to completion of due diligence by the College and the negotiation and execution of a definitive agreement.”
The Atlantic City International Airport, which is about 20 minutes from the Boardwalk and an hour from Center City, Philadelphia, is a favorite alternative of many travelers who don’t want to deal with the attitudes, long lines and general chaos found at Philadelphia International Airport. But according to a new report, the airport has a serious problem with cleanliness. Read more »
The crowd was so boisterous you almost forgot they came to see a 49-year-old Philadelphian get beaten up.
Okay, they didn’t come to see that, but that was the end result. Sergey Kovalev rocked Philly’s Bernard Hopkins in a unanimous decision Saturday night at Atlantic City’s Boardwalk Hall. Judges gave Kovalev every round. From the time he knocked down Hopkins in the first, the fight never seemed in doubt. Kovalev landed 121 power punches to Hopkins’ 40.
For years Hopkins has beaten his opponents with a mix of incredible conditioning and masterful mind games. “I play chess every day, with human beings,” Hopkins told the HBO Boxing podcast last month. “And most of these guys are checker-playin’.” Hopkins was playing chess on Saturday, and Kovalev came and smashed the board in half with 166 punches.
Hopkins has lost before, but not this badly. He turns 50 next year. He no longer has his light heavyweight title. Boxing scribes immediately asked the question post-fight: Is this the end for Bernard Hopkins?