Carl Icahn has surfaced in to the continual casino battle between Donald Trump and Andy Beal. Both Trump and Beal are jostling for control of the Trump casinos in Atlantic City. Lately, Carl Icahn, legendary casino operator has surfaced to back Andy Beal’s by purchasing the majority of Beal Bank’s $486 million first mortgage lines on the casinos. Icahn’s move shows that he is in support of Beal’s plans to lift the casino out of bankruptcy.

Many of the shareholders of the casino feel that Beal lacks the experience in casino management to be running casinos, but with Icahn’s support, Beal now fronts a very strong case. Trump is still yet to lie down from taking control of his casinos, and will be negotiating hard to gain control of the casinos that bear his name.

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