Trump Casinos has filed for bankruptcy as the company’s casinos continue to struggle.
Trump Casinos has experienced a number of financial problems recently including a decline in revenue, rising Atlantic City taxes and poor results from Internet gambling.
The company — which owns the Trump Taj Mahal and the Trump Plaza Hotel — is looking for protection from creditors. The Taj Mahal is likely to close its doors around Nov. 13.
Michael Cohen — Donald Trump’s lawyer — said in a statement that his client “brilliantly left Atlantic City more than seven years ago and has not been back.”
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