Trump May Reduce Stake in Hotel-Casino Co.
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The company that controls Donald Trump's casinos plans to restructure its debt, which will save &#36;100 million in annual interest payments, according to a published report.
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Moody&#39;s Investors Service on Thursday said it may downgrade the debt ratings for Penn National Gaming Inc. (PENN.O: Quote, Profile, Research) and Argosy Gaming Co.
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NEWARK, NJ - Patrons of Donald Trump&#39;s gambling halls probably won&#39;t notice, but his casino empire is now in bankruptcy after months of negotiations with bondholders over a crushing $1.8 billion debt.
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Donald J. Trump, the man who wrote âThe Art of the Deal,â failed to make a deal this week, and his casino companyâs shareholders are suffering. Again.
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With significant capital investment, Trump's casino business could be both competitive and profitable.
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Trump Hotels &amp; Casino Resorts Inc., which has been on the brink of bankruptcy, said on Thursday that a majority of bondholders have approved a debt restructuring plan
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asino Resorts Incorporated&quot;/&gt;Trump Hotels and Casino Resorts Inc., the flagship of Donald J. Trump&#39;s faltering casino holdings, said late last night that a recently announced deal with
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Staking Donald Trump to some badly needed cash, a judge signed off Wednesday on a $100 million loan that will keep his casinos open while his company&#39;s bankruptcy case winds through the courts.
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DONALD TRUMPâS casino business filed for Chapter 11 bankruptcy protection yesterday, a month after the New York magnate halved his stake in the unit in an effort to stave off a debt crisis.
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Plans for dozens of Vegas-style super casinos across the UK could be shelved, it has emerged.
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Donald Trump&#39;s Trump Hotels &amp; Casino Resorts Inc. filed for bankruptcy protection with a plan to cut debt by $400 million and renovate its properties.
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Trump Hotels and Casino Resorts Inc., struggling to stave off a bankruptcy filing, has reached a preliminary agreement with investors to restructure $1.
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Donald J. Trump may have a new project for his apprentices &#151; helping him try to figure out how to take his troubled casino company private after a proposed bailout fell through.
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Trump Hotels and Casino Resorts Inc. (DJTC.OB: Quote, Profile, Research) , struggling to stave off a bankruptcy filing, has reached a preliminary agreement with investors to restructure
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The Pennsylvania Gambling Control Board has three words for Donald Trump on why he lost his bid to build a slots casino in Philadelphia: location, location, location.
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Donald Trump&#39;s casino company is filing for Chapter Eleven bankruptcy protection. The move comes after months of negotiations with bondholders over how to handle a heavy debt load.
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Donald Trump may be the 74th-richest man in America and owner of more than half of Trump Hotels &amp; Casino Resorts (DJTC). But that didn&#39;t stop the company from filing for Chapter 11 bankruptcy protection on Sunday.