Developer pays $5.5 million to lift restriction to build casino at former Playboy, World's Fair Casino site - Press of Atlantic City: Breaking News

Developer pays $5.5 million to lift restriction to build casino at former Playboy, World's Fair Casino site

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Posted: Wednesday, April 6, 2011 8:00 pm

ATLANTIC CITY - The developer who bought the site of the former Playboy Hotel and Casino and Trump World's Fair Casino in 2005 paid Trump Entertainment Resorts Inc. an additional $5.5 million recently to remove a clause from the site's deed that prohibited construction of a casino on the Boardwalk site, a Trump executive said Wednesday.

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