It looks like Donald Trump could get trumped.
A Texas bank, which Trump had partnered with in an attempt to buy his three Atlantic City Trump casinos out of bankruptcy protection, is now going ahead on its own.
Beal Bank, based in Dallas, said this week it intends to convert its $486 million loan to the casinos [...]
It appears the economic downturn’s effect on the Las Vegas casino and hotel industry may be bottoming out.
MGM Mirage said this week that it has recorded a first-quarter profit, althought the company added that its adjusted results missed expectations.
Some of the profit is the result of including a gain from selling a hotel and casino, [...]
©1996-2009 - betED.com - All Rights Reserved. www.betED.com Sportsbook, Casino & Poker
