The 2 billion dollar casino hotel Revel closed its doors, unable to find a buyer in Bankruptcy Court. The showboat casino closed. The Wall Street Journal reported on September 9, 2014 that Trump Entertainment Resorts filed for Chapter 11 bankruptcy; this includes Trump Taj Mahal and Trump Plaza casinos. Charles V. Bagli, writing in the New York Times on September 8, 2014, reported that the highest-grossing casino in America is not in Nevada or in Atlantic City, but in a hardscrabble neighborhood near Kennedy Airport where a Malaysian Conglomerate, the… read more
September 10, 2014