Trump International Groundbreaking Ceremony

LAS VEGAS - JULY 12: Donald Trump (L), chairman and president of the Trump Organization, and Phil Ruffin (R), owner of the New Frontier Hotel and Casino, shake hands after cutting the ribbon with showgirls during a ceremonial groundbreaking for the 64-story Trump International Hotel & Tower Las Vegas July 12, 2005 in Las Vegas, Nevada. The $300 million, 1.6 million square-foot, luxury residential hotel condominium tower will be built on part of the New Frontier's 41-acre property and will feature 1,282 hotel rooms, 50 luxury suites, a spa and restaurants. (Photo by Ethan Miller/Getty Images)