Entries tagged "Atlantic City"

Trump Entertainment runs out of luck

The house loses again as the casino files for bankruptcy for the third time.

No Trump card for the Donald on debt payment

If Donald Trump isn't dealt a good hand by creditors on Wednesday, his casino company, Trump Entertainment Resorts Inc., will likely once again fold into bankruptcy protection. ...

Taking Trump Entertainment private is a risky bet

If Donald Trump is looking for a challenging assignment for the contestants on his "Apprentice" television show, here's one: How about putting together a plan to turn around his financially strapped Trump Entertainment Resorts Inc., which operates casinos in Atlantic City, N.J.? The task would be an enormous undertaking and one solution that Trump himself is considering by taking the company private, according to the Financial Times....

Tropicana case hinges on a Yung presence

With all due respect to The Clash, the crux of Tropicana Entertainment LLC's bankruptcy looks like it will come down to one thing: Should William Yung stay or should he go? ...

Tropicana: Events turn on 'former' subsidiary's plight

The bankruptcy filing of Tropicana Entertainment LLC has been a long time coming, but what's interesting is that the Tropicana Casino & Resort in Atlantic City, now deemed its "former" subsidiary, was left out of the filing after causing the problems that made Tropicana file for bankruptcy in the first place. ...

Tropicana files Ch. 11

After being dealt bad hands by the N.J. Casino Control Commission and the Delaware Court of Chancery, the casino operator has finally tossed in its chips....

Fate of Tropicana AC hangs in the balance

The saga of Atlantic City, N.J.'s Tropicana Casino & Resort has several potential endings, and few of them seem to be positive for owner Tropicana Entertainment LLC. ...

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