Business Deals
Trump casino, hotel company files for bankruptcy


Donald Trump's hotel and casino company filed for bankruptcy protection but an executive said the management of a California tribe's casino shouldn't be affected.

Trump Hotels & Casino Resorts manages the Trump 29 Casino for the Twentynine Palms Band of Mission Indians. According to The Riverside Press-Enterprise, the company gets 30 percent of the casino's net revenues.

The company, though, is nearly $2 billion in debt. Some analysts say Trump doesn't have the cash needed to help bail out the company.

Get the Story:
Trump casinos going bankrupt (The Riverside Press-Enterprise 8/11)
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Trump Must Ante Up $55 Million to Hold On to 25% of His Casino (Thee New York Times 8/11)
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