Margaritaville at the Marina
Coastal Development, LLC Chairman and CEO, Richard T. Fields, has announced that after his acquisition of Trump Marina Hotel and Casino is completed, the casino will remain open for business, even as Coastal relaunches the property as “Margaritaville at the Marina.”
Fields spoke at the New Jersey Alliance for Action symposium on the “Future Atlantic City Casino Construction.”
“I wanted to come here, in person, and tell you we intend to keep the marina, hotel and casino open during the entire re-branding and refurbishment process,” said Fields. “In addition to creating hundreds of new construction jobs, we want to keep as many of the hotel staff working as well because when Atlantic City succeeds and New Jersey succeeds — I believe we all succeed.”
Trump Marina surely needs the influx of new money and new excitement. In several visits to the property this summer, I was shocked by the lack of business. Walking around the Marina was like visiting a dead zone in the middle of the city’s otherwise thriving casino action.
Fields is an interesting addition to the local casino scene. At one time, he worked for Donald Trump, until they had a falling out. Here is another interesting article about the two men.
April 13th, 2010 at 12:54 pm
[...] Richard Fields, chairman of the New York gaming group Coastal Marina LLC, which had planned to buy the property and turn it into a Margaritaville casino, still wants to close the deal, at a reduced rate of $75 [...]
December 6th, 2011 at 2:08 pm
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