Trump's hotel and casino businesses have declared bankrupt four times between 1991 and 2009 to re-negotiate debt with banks and owners of stock and bonds.
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By 2014, Trump retained 10% ownership of Trump Entertainment Resorts, which owns the Trump Taj Mahal and Trump Plaza Hotel and Casino, both in Atlantic City. In that year, Trump Entertainment Resorts entered Chapter 11 bankruptcy and closed Trump Plaza indefinitely.
Trump's hotel and casino businesses have declared bankrupt four times between 1991 and 2009 to re-negotiate debt with banks and owners of stock and bonds.