The future is now changing for Trump, following his defeat in the recent US election. It means Joe Biden will take the Presidency and Trump will return to the family business. We could yet see him challenge for the White house again in the future but for now television likely also beckons. The President has complained that the role has cost him vast sums of money, but it is not just this period that he has had to deal with on the financial front.
Trump has continued to remain in the public eye, but many may have not released the turbulent history of his casino ownership. This further showing the difficultly that has arisen for these land-based establishments, with the growth of these online platforms and the popularity behind them. Trump had started his casino empire in 1982, before it came to an end back in 2016. This covering a number of legal battles and bankruptcy. It finished with his Trump Taj Mahal Casino in Atlantic City closing and now becoming the Hard Rock Hotel and Casino, as of June 2018. It shows the different issues that can arise for these gaming establishments and there is no doubt that many more will close in the near future, through competition with online casino and the struggles of COVID-19. The latter has certainly played a negative role for businesses world-wide, with a small percentage seeing success and growth, which further sets up for a difficult period ahead for many.
Moving to nearer times and the future. Following being denied a second term, Trump may also now be seeking a lucrative career on the television. There is no doubt he attracts attention and is going to come in for numerous attractive offers. On top of this, he will again be looking to help push the future success of his family business, through overseas ventures. This will include the different hotels and golf clubs, which had also helped to drive growth before his push for election in 2016. Could he also yet look to get back into the casino business, as part of his hotels in the future. This is possible, so it will be fascinating to see his business ventures moving forward.
Eric Trump has been key in the Trump organization and had also recently commented on the family business. He said, “We’ve made tremendous sacrifices over the past several years, faced more scrutiny than one could ever imagine and yet we remain at the top of our game”. This shows the negative impact that President Trump had mentioned his business had faced due to his new role, as the continued talk around his tax records have maintained in the public eye.
This all now leads to a successful future ahead for Trump, who is now likely to lead his time at the White house to future success in the business world. We can also be assured that he will remain in the news regularly and it will most likely be the television screen that is next.