Here’s why this New Jersey college wants to buy a casino

April 6, 2015 8:52 PM

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One New Jersey college wants to buy an abandoned casino. But Trump Taj Mahal has other plans.

Stockton University, a public college, purchased the shuttered Showboat Casino for $18 million in December in order to turn it into a residential campus, according to Bloomberg. But Trump Taj Mahal pointed out that it had an agreement with the casino’s former owner that the property only be used for...

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