Trump Brand Seeks Casino Trademarks In World's Top Gambling HubCould President Be Eyeing Casino In Macau? |
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President Donald Trump’s personal brand has applied for gambling and casino-related trademarks in Macau, the only place in China where gambling is legal.
According to reports, the firm that manages his brand, DTTM Operations LLC, is seeking four new trademarks in the former Portuguese colony. The Trump brand successfully registered 22 other trademarks in Macau over the past 11 years, according to a report from CNNMoney. Trump doesn’t own a casino in Macau.
The former Atlantic City casino mogul handed over control of his business to his two sons after becoming president and said there’d be no new business deals while in office.
Trump’s company defended the trademark applications as just a long-running effort to protect their intellectual property around the world. A report from the South China Morning Post indicated that current Macau casino licenses are up for renewal between 2020-22 and speculated that Trump may be interested in a future investment there if there’s an opening to get in.
Trump was one of those who missed out on a Macau casino license in 2001.
Macau’s gambling industry recorded its 12th straight month of gaming revenue growth with $2.86 billion won from gamblers in July. That’s more than Atlantic City casinos win in a year.
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