Restaurant operator Landry's agreed to buy the Trump Marina Hotel in Atlantic City, N.J., for $38 million, the latest property to change hands as Trump Entertainment Resorts looks to lessen its debt load.
Once again revenue at the big Vegas strip is down year over year.
Nevada reports June casino revenue $763.8M, -6.6% year/year; Las Vegas strip -7.6% year/year
The June data shows a further deterioration from the May data ($847M) of -4.7% y/y...
ATLANTIC CITY, N.J., April 12, 2010 (GLOBE NEWSWIRE) -- Trump Entertainment Resorts, Inc. (Pink Sheets:TRMPQ) (the "Company") announced today that the Honorable Judge Judith Wizmur of the United States Bankruptcy Court for the District of New Jersey
Donald J. Trump and his partners
won control of the bankrupt casino company Trump Entertainment
Resorts Inc., when a judge ruled today that their bid was better
for creditors than a rival offer by investor Carl Icahn.
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