The casinos were not closed, no Chapter 7 was file
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Posted On: 01/29/2019 11:24:12 AM
The casinos were not closed, no Chapter 7 was filed. They were sold or reorganized.
President Trump NEVER had a personal bankruptcy as the original post stated!
Trump owned FOUR of the TWELVE casinos that filed for BK. This would indicate that the casino business in Atlantic City became a failure.
Others who owned casinos in Atlantic City that filed for bankruptcy were:
Harrahs (from Las Vegas)
Sands in Atlantic City
Resorts International
Hilton (Atlantic Club)
Merv Griffin (Griffin Gaming & Entertainment company)
Caesars Entertainment (Showboat)
Playboy (Atlantis Hotel and Casino
https://en.wikipedia.org/wiki/Resorts_Casino_Hotel
President Trump NEVER had a personal bankruptcy as the original post stated!
Trump owned FOUR of the TWELVE casinos that filed for BK. This would indicate that the casino business in Atlantic City became a failure.
Others who owned casinos in Atlantic City that filed for bankruptcy were:
Harrahs (from Las Vegas)
Sands in Atlantic City
Resorts International
Hilton (Atlantic Club)
Merv Griffin (Griffin Gaming & Entertainment company)
Caesars Entertainment (Showboat)
Playboy (Atlantis Hotel and Casino
https://en.wikipedia.org/wiki/Resorts_Casino_Hotel
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