Trump Entertainment Resorts Files for Bankruptcy
Trump Entertainment Resorts, which owns two Atlantic City properties, has filed for Chapter 11, according to press reports. As previously reported by M&C, the 906-room Trump Plaza Hotel & Casino is set to cease operations on Sept. 16. Now comes word the 2,010-room Trump Taj Mahal Casino Hotel might close in November, according to sources. If the Taj Mahal is shuttered, it would mean the loss of another 2,800 jobs in Atlantic City, and it would be the fifth casino to cease operations in Atlantic City since the beginning of the year. Trump Entertainment Resorts is a separate company from the Trump Organization; Donald Trump gave up chairmanship of the Entertainment Resorts group in 2009.