Unhappy
This photo was taken from outside a federal court in 1986. Donald was leaving the building, and the unhappy look on his face might have to do something with his agreement to settle the antitrust lawsuit for a hefty $750,000. He did not notify the government before he bought voting stock worth more than $15 million in Holiday Corp. and Bally Manufacturing Corp. That might be a huge sum, but things were going well for Trump in those days. He was able to forget about these little issues since he just purchased a huge estate in Palm Beach, Florida. These days, that place is known as Mar-a-Lago estate.
Unhappy
A Gamble
Was Trump feeling unsatisfied with his acquisitions in New York City? If so, this might be the reason he started to do business in New Jersey. After legalized casino gambling was legalized in the state in 1977, Donald Trump moved in for the new business opportunities. He opened Harrah’s at Trump Plaza Hotel and Casino in 1984. In the mid to late ‘80s, he bought several more casinos in Atlantic City. However, these decisions did not prove to be good ideas in the financial sense.
A Gamble