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Sale of Trump Marina Casino is Likely Dead

May 15th, 2009


According to Philadelphia Business Today the sale of the Trump Marina Casino to Coastal Development, LLC is likely dead:

Trump Entertainment Resorts Inc., the owner of Trump Marina, has asked Lazard Asset Management L.L.C. to shop the troubled property as part of its bankruptcy filing on Feb. 17.

The move has Coastal Development L.L.C., of New York, a potential buyer, crying foul as the May 26 deadline to close the deal approaches.

“Coastal Marina [an affiliate of Coastal Development] is troubled by recent reports that suggest that Trump . . . may be actively engaged in promoting the sale of the Trump Marina Hotel and Casino to other potential buyers in breach of its exclusive agreement to sell the property to Coastal,” company spokesman Charlie Leonard said yesterday.

Trump officials contend Coastal has not proceeded on making the purchase.

Under the deal, Coastal plans to buy and convert the Trump Marina into a Margaritaville-themed casino using entertainer Jimmy Buffett.

But the deal has been beset with problems as the economy and lending markets sagged over the last year.

The Marina sale was revised last fall, reducing the price to $270 million from the original offer of $316 million. A deadline to close the deal in October was moved to May 26.

Read the entire article here.


Tagged in Business Empire, Casinos

Second Semester of Summerzcool tour Begins in Phoenix

May 15th, 2009


Summerzcool started back up tonight as Jimmy and the band invaded Arizona for the next stop on the Summerzcool Tour in Phoenix, Arizona.

The set list was the same as recent shows except “Tin Cup Chalice” was inserted as the solo acoustic song in the second encore, last played in Key West on February 12. Also of note was Michael Utley who was not at the show due to his son’s graduation. This was the first tour stop in Phoenix for Jimmy since April 18, 2006 on the Party at the End of the World tour.

View the entire set list here.

Did you attend the show? Share your thoughts on our Discussion Board or post your photos in our Photo Gallery.

The 2009 Summerzcool Tour resumes with a show from the MGM Grand Garden Arena in Las Vegas on Saturday night. There’s still plenty of time to get your tickets now!

And don’t forget to follow us on Twitter.


Tagged in Coral Reefers, In The News, Radio Margaritaville, Touring

McAnally Joins Chesney for “Austin City Limits” Taping

May 14th, 2009


CMA’s reigning Musician of the Year and Coral Reefer Band member Mac McAnally made a surprise appearance on Tuesday when he joined Kenny Chesney on stage for Chesney’s “Austin City Limits” taping.

They played “Down The Road”, their recent number one hit collaboration, and “Back Where I Come From”.

“Any time you can put the focus on the songs, it’s a good thing,” Chesney says. “And to be able to do that with Mac… well, it just takes these songs to a whole other level. I was honored that he’d do this with us, and I hope we’ll get to see him out on the road when he can get away from his own stuff.”

The show will air sometime in early Fall on PBS.

Read more at ChesneyWorld.


Tagged in Coral Reefers, Related Artists, TV Appearances

Tour Resumes Tonight in Phoenix

May 14th, 2009


Jimmy Buffett and the Coral Reefer Band resume their 2009 Summerzcool Tour tonight with a show from the Cricket Wireless Amphitheater in Phoenix, Arizona.

The show will start shortly after 8 pm PT and you can listen live on Radio Margaritaville on Sirius 31 / XM 55 or on the web for free at radiomargaritaville.com. Be sure to tune in at 7 pm PT for the pre-show.

You can follow along with the set list and chat with other parrotheads during the show on our discussion board. We’ll also be on Twitter during the show, so follow us now!

Grab tickets for this show or for another upcoming show here!

This Western tour swing in May also includes stops in Las Vegas NV, Concord CA, and Irvine CA.


Tagged in Radio Margaritaville, Tickets, Touring

Pre-Show Party at Margaritaville Glendale

May 12th, 2009


The Margaritaville Cafe in Phoenix will host a pre-party before Thursday night’s show at the Cricket Wireless Amphitheater:

Join us on Thursday from 11am-6pm at Margaritaville Glendale for live entertainment, great food, frozen concoctions and Jimmy Buffett ticket giveaways!


Tagged in Margaritaville Cafes, Touring