James Crosby, son of one of the investors, was appointed to lead the company. In 1958, the Mary Carter Paint Company, a New Jersey paint manufacturer, was acquired by a group of investors.
History Development in Bahamas and Atlantic City (1958–1986) It was acquired by Sun International in 1996. After the death of its longtime chairman, James Crosby, in 1986, the company was briefly controlled by Donald Trump, before being acquired by Merv Griffin in 1988. From its origins as a paint company, it moved into the resort business in the 1960s with the development of Paradise Island in the Bahamas, and then expanded to Atlantic City, New Jersey with the opening of Resorts Casino Hotel in 1978.
Resorts International was a hotel and casino company. For the company that operated from 2000 to 2014, see Resorts International Holdings.
