- Trump Entertainment Resorts, Donald Trump's casino group, filed for Chapter 11 bankruptcy protection on Tuesday, court documents show.
The casino operator had assets of about $2.1 billion and total debts of about $1.74 billion on Dec. 31, 2008, it said in its filing with the U.S. Bankruptcy Court for the District of New Jersey.
Nine affiliates of the casino operator including Trump Plaza Associates, Trump Plaza Associates, Trump Marina Associates and Trump Taj Mahal Associates simultaneously sought protection, according to the filing.
The troubles in Trump Entertainment Resorts had been highlighted before in past blog posting here: Betting On The Casino Industry? and see also Trump Without Trump!!
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