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Billionaire Carl Icahn rips N.J. lawmakers over Trump Taj Mahal bill

"Corporate Raider" Carl Icahn

By The Associated Press
on January 04, 2017 at 7:00 AM, updated January 04, 2017 at 7:46 AM

ATLANTIC CITY — Billionaire investor Carl Icahn says his shuttered Trump Taj Mahal casino is not for sale, and he appears content to sit on it for a while.

Icahn told The Associated Press Tuesday night he does not want to sell the casino, which he closed on Oct. 10 after a bitter strike with Atlantic City’s main casino workers’ union.

But he plans to surrender its casino license, and wants to make sure that anyone who might buy it in the future can’t use it as a casino unless they pay his company an unspecified fee.

Icahn’s company filed a deed restriction preventing a future purchaser from using the Taj Mahal as a casino.