Carl Icahn Nixes Charity Bid to Blow Up Ex-Trump Casino
The Trump Plaza Hotel and Casino in Atlantic City, New Jersey in 2014.
Photographer: Ron Antonelli/Bloomberg
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Atlantic City, N.J. (AP) -- An auction house trying to raise money for a youth charity by soliciting bids to blow up a former casino once owned by President Donald Trump called off the effort Monday after receiving a cease-and-desist letter from conservative billionaire Carl Icahn.
Icahn told The Associated Press his philanthropic arm will donate $175,000 to the Boys and Girls Club of Atlantic City to replace money that would have been raised by a charity auction of the right to press the button to demolish the former Trump Plaza casino.