Trump’s Casino Group Files Bankruptcy

Trump’s Casino Group Files Bankruptcy

Looks like Trump is participating in the recession. On the bright side, at least people aren’t gambling as much…outside of Washington anyway.

Trump Entertainment Resorts Inc., real estate tycoon Donald Trump’s casino group, filed for Chapter 11 bankruptcy Tuesday morning, court documents show.

The petition listed less than $50 million in assets and nearly $500 million in debt, according to a petition filed today in U.S. Bankruptcy Court in Camden, New Jersey

via FOXNews.com - Donald Trump’s Casino Group Files Bankruptcy - Local News | News Articles | National News | US News.

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Posted in Business, Economy on Feb 17th, 2009, 2:14 am by eric   

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