View from Boardwalk in Atlantic City, NJ of closed Trump Plaza Casino.
Atlantic City is no longer a gambling mecca in the Northeast Corridor and beyond. Other states have opened casinos, with Maryland and Pennsylvania, among others, offering gaming options have entice travelers who would have otherwise made their way to Atlantic City’s boardwalk.
_____________________________________
Donald Trump knows a thing or two about defaulting on debt. His businesses have filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code at least four times to overcome excessive indebtedness: first with Trump Taj Mahal in 1991, then Trump Plaza Hotel in 1992, Trump Hotels and Casino Resorts 12 years later, and Trump Entertainment Resorts in 2009.
______________________________________________