Trump Entertainment announced today that it concluded its recent review of “strategic options” regarding a sale with the conclusion that no one wants to buy a company that can’t turn a profit. Last year TRMP’s losses totaled $18.5 million. This year, results have suffered from the smoking ban in AC casinos, the advent of slots in Pennsylvania and New York, and because The Don failed to bring the noise on the final season of The Apprentice. Shares of TRMP are down $2.17 (17.26%) to $10.41.
No Deal for Trump [Thestreet.com]
Posted by KLW , Jul 02, 2007 11:24AM
Oh, BL, don't even get me STARTED
Posted by jt , Jul 02, 2007 1:42PM
Do you realize how stupid, arrogant, and/or lazy you have to be NOT to make money from a casino?????
Although anyone whos been to AC knows the casinos are antiquated and don't necessarily attract the high-rolling 'whale' types that frequent, say, the Bellagio.
Posted by , Jul 02, 2007 3:36PM
I know you can still smoke in the Borgata, so wtf?
Posted by abe , Jul 02, 2007 5:58PM
Has anyone but Trump ever made money in one of his shitshow companies? Ever? Beyond the traders and the shorts that is? Trump sucks ass. Bald Punk Bitch