Landry's Inc., a Houston casino and restaurant company that recently abandoned its bid for the struggling Atlantic City Hilton Casino Resort, plans to invest significantly in the Trump Marina and rebrand it as a Golden Nugget. That's about a tenth of what Trump Entertainment was offering the casino for in 2008. In a sign of just how much value casinos in the nation's second-largest gambling market have lost in recent years, Trump Entertainment Resorts agreed Monday to sell its Trump Marina Hotel Casino to the Texas-based parent company of the Golden Nugget Las Vegas and Laughlin for $38 million.
