Icahn: Trump Asked for Funding If Could Get Concessions

The video discusses the financial distress faced by a former gambling hub, focusing on a statement by billionaire investor Carl Icahn. Trump management approached Icahn for a $100 million investment, citing significant monthly losses. Icahn expressed reluctance unless concessions were secured from the union, city, and state. The union, however, is unwilling to provide these concessions, casting doubt on the future of the establishment amid declining gambling revenues.

What conditions did Carl Icahn set for potentially investing in the hotel?

What is the overall sentiment regarding the future of the gambling revenues in the area?