Quantcast
Connect with us

Trump’s European golf courses lost over $20 million last year

Published

on

For the fifth straight year in a row, Donald Trump’s Ireland golf course, Trump International Golf Links and Hotel Doonbeg, reported a loss of $1.7 million in 2018. According to a report from The Washington Post, filings made public by the Irish government this Monday “underscored that the Trump Organization has yet to find a profitable formula at its European golf courses,” despite large sums of money going into the properties.

ADVERTISEMENT

Although all of Trump golf courses in Europe saw revenue rise, there was no overall profit. As the Post points out, losses last year for the properties totaled more than $20 million. However, Trump’s course in Doonbeg, Ireland, saw a slight improvement, posting an operating profit of over $3,300, contrasted with an operating loss of nearly $400,000 in 2017. Additionally, the 2018 loss was an improvement over the previous year, which saw losses of $2.1 million.

Read the full report over at The Washington Post.


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Roger Stone claims he found God — but his faith sounds a lot like the QAnon conspiracy theory

Published

on

Roger Stone claims he found God before President Donald Trump commuted his prison sentence -- but his faith sounds a lot like the "QAnon" conspiracy theory.

The longtime Republican "dirty trickster" and self-described "libertine" says he had a spiritual awakening in January after attending an outdoor prayer service led by Franklin Graham, reported CBN News.

"At that moment, I felt the calling," Stone told the religious broadcasting network. "I stood up with 500 other people. I wasn't the slightest bit embarrassed. I confess that I was a sinner. I repeated a pledge that he recited, and it was as if a cement block was lifted off my chest. I can't even explain it."

Continue Reading

Breaking Banner

‘Trash’: Angry white people threaten to ‘burn’ statue of Black woman after it replaces slave trader

Published

on

A statue of a Black Lives Matter activist has come under fire by white people after it replaced a memorial for slave trader Edward Colston.

The new statue of Black Lives Matter protester Jen Reid was placed in Bristol, United Kingdom on Wednesday without the permission of the city council, which has suggested that it will be removed.

Reid was one of the activists who participated in toppling Colston's statue last month.

Continue Reading
 

Breaking Banner

‘We’re polite but not crazy!’ Canadians demand border remain shut to disease-ridden Americans

Published

on

Canada has absolutely crushed the curve on novel coronavirus infections -- and Canadians are telling their government to keep the nation's borders closed to disease-ridden Americans.

Buffalo News reports that a recent poll shows that 81 percent of Canadians want to keep the border between the two countries closed, and that Rep. Brian Higgins (D-NY) garnered furious pushback from Canadian Twitter users earlier this month when he expressed his support to reopening travel between the U.S. and Canada.

Continue Reading
 
 
You need honest news coverage. Help us deliver it. Join Raw Story Investigates for $1. Go ad-free.
close-image