Icahn to sell shuttered Taj Mahal casino

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Trump Taj Mahal (Fox5NY.com photo)

ATLANTIC CITY, N.J. (AP) — Billionaire investor Carl Icahn says he will try to sell the former Trump Taj Mahal casino in Atlantic City, blaming a failed bill by the leader of New Jersey's state senate as the last straw.

Icahn tells The Associated Press he has decided to seek a buyer for the casino he shuttered on Oct. 10.

He says his mind was made up by a bill written by Senate president Steve Sweeney that would have punished Icahn for closing the Taj by stripping him of a casino license for the property for five years.

That bill was vetoed Monday by Republican Gov. Chris Christie, who called it an example of the state Legislature's worst instincts.

President Donald Trump opened the casino in 1990 but lost control of it in a bankruptcy.