Trump casinos are latest filing for bankruptcy

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Trump casinos are latest filing for bankruptcy
Trump Taj Mahal Hotel and Casino on the boardwalk Atlantic City New Jersey
Facade of Trump Taj Mahal Casino in Atlantic City, New Jersey, USA.
Trump Taj Mahal Casino in Atlantic City, New Jersey, USA.
Trump Taj Mahal, Showboat, and Revel Casinos from the beach in Atlantic City, New Jersey, USA
A view of the Trump sign at the Taj Mahal hotel and casino in Atlantic City, New Jersey
In this Wednesday July 23, 2014 photograph, with the Trump Taj Mahal and the Showboat Casino Hotel in the background, people stand under umbrellas at the Revel Casino Hotel in Atlantic City, N.J. The Revel Casino Hotel will close its doors on Sept. 10, 2014 after failing to find a buyer in bankruptcy court, company officials announced Tuesday, Aug. 12, 2014. (AP Photo/Mel Evans)
Construction is underway on Showboat Casino's $90 million, 544-room new hotel tower, as seen in this photo on Tuesday March 5, 2002 in Atlantic City, N.J.. The opening is slated for spring 2003. (AP Photo/Chris Polk)
The Showboat Casino Hotel, left, and Trump Taj Mahal Casino Resort, center, shown here on March 7, 2012, are among the nine casinos lining the shoreline in Atlantic City, N.J. From the moment Dennis Gomes and his partner bought Resorts Casino Hotel, he had a plan to get the struggling casino out of the red and into the black. It involved rebranding Resorts in a roaring '20s theme to capitalize on the red-hot HBO series "Boardwalk Empire" about anything-goes Prohibition-era Atlantic City (AP Photo/Wayne Parry)
People wait near taxis outside the entrance to the Revel Hotel Casino early Tuesday, Sept. 2, 2014, in Atlantic City, N.J. The casino section of the Revel closed at 6:30 a.m. Tuesday. Revel is shutting down a little over two years after opening with high hopes of revitalizing Atlantic City's struggling gambling market. (AP Photo/Mel Evans)
FILE In this Wednesday, July 23, 2014 file photograph, the Trump Plaza is seen in Atlantic City, N.J. As Revel, Showboat and Trump Plaza prepare to shut down over the next few weeks, putting thousands of employees out of work, Atlantic City is planning additional job training. Mayor Don Guardian said Tuesday, Aug. 26, 2014, that an effort to provide employment training and identify opportunities for unemployed workers will begin by October. It will be funded by the Casino Reinvestment Development Authority, and is designed to help 1,200 workers a year. (AP Photo/Mel Evans,file)
With Atlantic Palace Suites Hotel, Resorts Casino Hotel, Trump Taj Mahal Casino Hotel and Revel Casino in the background, people relax on the beach Wednesday, July 23, 2014, in Atlantic City, N.J. (AP Photo/Mel Evans)
With the Revel hotel and casino behind, a young girl has a swing ride to herself in Atlantic City, N.J., Wednesday, July 23, 2014. (AP Photo/Mel Evans)
This Dec. 27, 2013 photo shows a banner outside Revel Casino Hotel in Atlantic City N.J. touting its "Gamblers Wanted" promotion to help drum up new business. Atlantic City's main casino worker's union issued a report on April 9, 2014 calculating Revel's value at $25 million to $73 million. The casino, which is for sale, cost $2.4 billion to build. (AP Photo/Wayne Parry)
FILE - This Feb. 14, 2013 file photo shows the Revel in Atlantic City, N.J. The Revel Casino Hotel will shut down on Sept. 10, 2014 after failing to find a buyer in bankruptcy court, company officials announced Tuesday, Aug. 12, 2014. (AP Photo/Mel Evans, File)
In this Tuesday, Oct. 12, 2010 photograph, the Trump Plaza Hotel Casino is seen in Atlantic City, N.J. (AP Photo/Mel Evans)
Pat Boylan, left, of New York, plays a slot machine as construction worker Ron Hess of Galloway, N.J. rides past on a lift truck at the Trump Plaza Hotel & Casino in Atlantic City, N.J., Thursday, Jan. 5, 2006. Since emerging from bankruptcy court protection eight months ago, Trump Entertainment has been on a spending spree, spending $32 million to renovate rooms at the company's casinos, revamp the casino floor at Trump Plaza and build a glitzy new Boardwalk-fronting bar there. (AP Photo/Mel Evans)
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ATLANTIC CITY, N.J. (AP) - Trump Entertainment Resorts has become the latest Atlantic City casino owner to file for bankruptcy protection.

The company filed in U.S. Bankruptcy Court in Wilmington, Delaware, on Tuesday, saying it has liabilities of more than $100 million.

The firm runs two casinos, the Trump Taj Mahal and the soon-to-close Trump Plaza.

The Taj Mahal has had financial problems, and Trump Plaza is scheduled to close next week.

Donald Trump owns a 10 percent stake in the firm, but no longer controls it.

The company last went through bankruptcy in 2009.

Three other Atlantic City casinos have closed this year, as the industry struggles with competition in nearby states.

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