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By 1991, trump's corporation had filed for chapter 11 bankruptcy protection from creditors of the taj mahal casino resort, which had cost $1 billion to build. Was taj majal only casino to go bankrupt […]. By 1991, when the taj collapsed into bankruptcy, trump offered those contractors only 33 cents in cash for each dollar he owed. He promised another 50 cents on the dollar later. Not far away, the long-failing trump marina hotel casino was sold at a major loss five years ago and is now known as the golden nugget. At the nearly deserted eastern end of the boardwalk, the trump taj mahal, now under new ownership, is all that remains of the casino empire donald j. Trump assembled here more than a quarter-century ago. The taj bankruptcy was a corporate filing, as trump has noted. But there was much overlap between trump the corporation and trump the man. He owned 100 percent of the casino, documents indicate. The trump taj mahal casino took its final bets on monday, and it's been through bankruptcy more than once in its troubled history Select the poker chips and then click on the desired bet area on the table, was taj majal only casino to go bankrupt.
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