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Two Atlantic City Hotels Declare Bankruptcy

On Tuesday two Atlantic City casinos declared bankruptcy as Trump Entertainment Resorts' Trump Taj Mahal and Trump Plaza will shutter their doors.

Both casinos have been struggling for quite some time, and recently Donald Trump actually sued to have the casinos change their names, as he didn't want to be associated with them (the Donald sold his stake in the casinos a few years ago). The boardwalk destinations will be shutting shop rather quickly, with Trump Plaza closing within the next week and the Taj Mahal closing within a few months.

Betfair was operating its New Jersey online casino out of Trump Plaza, but has been granted a continuance license by the New Jersey Division of Gaming Enforcement. Ultimate Gaming was operating through the Trump Taj Mahal, and is expected to get a similar continuance license to what Betfair did.

Casino Listings will update this story as more developments arise.

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