Trump Entertainment Is Planning To File For Bankruptcy
Advertisement
Trump Entertainment plans to file for bankruptcy, according to Bloomberg.
Advertisement
The holding company owns and operates two casinos in Atlantic City, New Jersey, Trump Plaza and the Trump Taj Mahal.
Both hotel/casinos have been under considerable financial duress - so much so that company founder Donald Trump, who still owns 10% of the Trump Entertainment, has asked that his name be removed from both buildings.
The casinos, he argued, have not lived up to the "high standards of quality and luxury" associated with the Trump brand.
More on this to come...
Advertisement
Advertisement
- Digital Marketing for E-Commerce
- Indian stocks in green for second day after heavy sell-off
- Asia to contribute 60 pc of global growth in 2024: IMF official
- India's retail inflation eases marginally in April; here's what experts have to say
- Volumes up, values down: India's deal-making marks notable shifts in April
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market