[2] In June 2002, Riviera Holdings was chosen by officials in Jefferson County, Missouri, who wanted the company to construct and operate a casino approximately 60 miles south of St. Louis.
[3] By January 2003, Trump had purchased additional shares in the company, putting his ownership above 10 percent, which required him to apply for a Nevada gaming license.
[10][11] Company chairman Bill Westerman said that Trump purchased the shares solely to obtain a Nevada gaming license.
[12] A reorganization plan led by Starwood Capital Group enabled the Riviera properties to remain open for business.
Starwood emerged with a 75% stake in Riviera, with another 21% held by Derek Stevens, owner of the Golden Gate casino.