Billionaire activist investor Carl Icahn said on Monday he planned to sell his shuttered Trump Taj Mahal casino in Atlantic City, New Jersey. ATLANTIC CITY -- From his Atlantic City beginnings at a little-known casino called Trump's World's Fair to the sprawling -- and ill-fated -- Trump. Trump Taj Mahal is a closed casino and hotel on the Boardwalk in Atlantic City, New Jersey, United States, owned by Trump Entertainment Resorts, a subsidiary Closing date : October 10. Retrieved October 11, Find out what you need to know about the presidential race today, and get politics news updates via FacebookTwitter and the First Draft newsletter. The deal still must be approved by a bankruptcy judge. The company desperately needed and needs cash to shore up its deteriorating financial condition. Two weeks ago, union leaders rejected the latest offer from Mr.