Trump settled the suit out of court with no admission of wrongdoing. Roffman also sued Trump for defamation of character. Later, Roffman went on to sue his employer for wrongful termination.

A little over a year after it opened, the Trump Taj Mahal filed for bankruptcy and Trump's two other Atlantic City casinos followed suit the next year. Roffman turned out to be exactly right about the Trump Taj Mahal. No casino in the world ever had a win anywhere near approaching that kind of number,” said Roffman. “The Taj would have to make close to $1.3 million a day to break even. Roffman said what really worried him about the Trump Taj Mahal was how Trump had financed it - with an extremely high interest loan. 'The letter went out, and they fired me on the spot,' Roffman said. Roffman said he then wrote a new letter to Trump, retracting his boss’ retraction letter. And I thought, ‘This whole thing smells.’ And it’s very, very serious.” “He wanted changes made to that letter which would absolutely be against my - of what I thought was going to happen. And the very next day he called and said he wanted changes made to that letter … the letter that I didn’t write,” Roffman said. Roffman said his boss drafted a letter retracting what he’d said to The Journal and told him to sign the letter or else. Those profits give casinos the capital they need to reinvest in their facilities, expand their attractions, draw new customers, provide a return for investors and, most importantly, gives them the ability to create new jobs for people here.Trump told ABC News the day before the Trump Taj Mahal opened that he was out to get Roffman, saying, “When somebody does something wrong and says something wrong, and somebody's in a conflict position, I decided in this particular case to go after him.” 'Seven of the eight reported positive gross operating profits, including three casinos where the profits increased more than 120 percent. 'The eight operating casinos reported higher gaming and total revenues last year, as well as increased third party sales and hotel occupancy,' said Matt Levinson, chairman of the New Jersey Casino Control Commission. The eight surviving casinos saw their operating profit increase by more than 12 percent. With the partial-year performances of those four included, the city as a whole posted a $341 million operating profit. The casinos increased their gross operating profits by 44 percent last year, according to figures released Tuesday, as weaker competitors fell by the wayside and shut down.įour casinos - The Atlantic Club, Showboat, Revel and Trump Plaza - closed last year.

Atlantic city casinos closing 2016