Trump Hotels & Casino Resorts President Donald Trump Stock Certificate 1999
Item History & Price
Reference Number: Avaluer:23811738 |
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Trump Entertainment Resorts, Inc. was a gambling and hospitality company that currently does not own or operate any properties. The company previously owned and operated the now-renamed Trump Taj Mah...al, the now-shuttered Trump Plaza, the demolished Trump World's Fair, the now-renamed Trump Marina, and the now-renamed Trump 29. Formerly known as Trump Hotels & Casino Resorts, it was founded in 1995 by Donald Trump. In 1995, Trump established Trump Hotels and Casino Resorts (THCR) as a publicly traded company, granting it ownership of the Trump Plaza and the under-development Trump Casino in Gary, Indiana. The following year, THCR bought the Trump Taj Mahal at a valuation of $890 million, and bought the Trump Castle from Trump for $486 million (including $355 million in assumed debt).The company filed for bankruptcy in 2004, 2009 and 2014. It has been a subsidiary of Icahn Enterprises since 2016. Trump Entertainment Resorts currently owns one property, Trump Plaza Hotel and Casino, which is currently shuttered and vacant.