A.C. Economy Banks on Reversal of Trump's Casino Fortunes - 2004-03-02
An accountant attempting to get a handle on Donald Trump's problems in Atlantic City can begin with the books and the $1.8 billion in debt.
Anyone else can hit the Boardwalk and marina, home to three of his casinos. It won't take long to see why Trump felt obliged to hand over control of his sole public company, Trump Hotels & Casino Resorts Inc., in exchange for $400 million from an investor bent on a turnaround.
At the Borgata -- Atlantic City's newest casino, and it's not Trump's -- the aroma is hand-rolled Macanudos, with their trace of fine coffee and cocoa beans.
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