Trump Entertainment Resorts owned and managed the Trump Taj Mahal Casino Resort in Atlantic City, New Jersey. The property houses hotel rooms, gaming tables, and slot machines. Trump Entertainment Resorts' revenues were negatively affected by weak tourism in Atlantic City as well as competition from neighboring Pennsylvania casinos. Donald Trump does not run or control Trump Entertainment Resorts. Billionaire Carl Icahn bought the Taj Mahal and other Trump properties out of bankruptcy in 2014. Icahn’s holding company, Icahn Enterprises closed the Taj Mahal in 2016.