👉 How much money did trump casino lose
How much money did trump casino lose
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A new study by a temple university professor shows that donald trump's casinos in atlantic city lost more jobs and money than competitors'. The casino company posted losses every year it was public -- more than $600 million in total between 1995 and 2004 -- a cnnmoney analysis of 10. Not far away, the long-failing trump marina hotel casino was sold at a major loss five years ago and is now known as the golden nugget. During trump's 13 years as chairman, the casino empire lost a total of $1. 1 billion, twice declared bankruptcy, and wrote down or restructured. Trump's biggest "gamble" — the one that may have hurt him the most — was on the trump taj mahal casino in atlantic city. A holding company for three casinos, trump hotels and casino resorts went bankrupt in november 2004. The casino was under a $1. The property first went bankrupt in 2009, just a few days after both donald and ivanka resigned from the board, citing "internal turmoil" due to. 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