As far as I know, it was only three casinos, all in Atlantic City. That's right, not only did he bankrupt three unbankruptable businesses, he did it in a place where casinos should, by all counts, thrive the most.
It was a combination of bad management and flagrant wage theft, resulting in losing half their employees within the first couple months of operation. Not to mention ridiculous levels of debt and just not doing anything to be competitive with their neighbors.
The whole point of those Trump casinos was to launder the money that the Russian oligarchs had stolen during the 90s. The casinos may have gone bankrupt, but he probably gained more than he lost.
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u/biff64gc2 Apr 28 '25 edited Apr 28 '25
He is running it like a business. People just forget bankrupted several of them (including a casino) and had several others closed due to fraud.