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Trump May Sell Atlantic City Casinos

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Mar 12, 2007 9:37 am US/Eastern

Trump May Sell Atlantic City Casinos

ATLANTIC CITY, N.J. (AP) ― Donald Trump's casino company has hired an investment firm to help it explore its strategic alternatives which could include a possible sale.

Trump Entertainment properties include Trump Taj Mahal Casino Resort, Trump Plaza Hotel and Casino and Trump Marina Hotel Casino in Atlantic City.

One analyst sees Trump Entertainment having a difficult time in 2007 and 2008 due to new Pennsylvania slot parlors, Atlantic City smoking restrictions and failed bid for a Philadelphia slot license.

But the analyst still views the company as an attractive target for a buyer interested in the Atlantic City market.

(© 2007 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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