I mean this time, The US Casino, it’s got to be different?? Right? Summary of the Casino Bankruptcies 1. 1991 – Trump Taj Mahal Trump’s flagship Atlantic City casino defaulted on payments after relying on roughly $675 million in high-interest junk bonds to finance construction. The property filed for Chapter 11 reorganization, resulting in Trump giving up half his stake to bondholders and selling assets like his yacht and airline to settle personal guarantees. 2. 1992 – Trump Castle Associates
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