He noted that casinos in both Las Vegas and Atlantic City have been undercut by the growth of gaming operations on Native American reservations and the weaker economy. John’s University in Jamaica, N.Y., said the bankruptcy filing was “not surprising give the circumstances in the gaming industry.” That’s why I wanted to straighten out the structure of the company.”Īnthony Sabino, an associate professor of business at Peter J.
As to the bankruptcy’s impact on his wealth, Trump said: “The casinos are less than 2 percent of my net worth, but it’s important to me because we’ve had this company for a long time.
