Indian Gaming > Trump casino, hotel company files for bankruptcy

August 11, 2004

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.

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indianz@indianz.com, Password: indianz1 1.5801d.html> 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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