![]() Trump told the AP he has not considered whether to divest his remaining ownership stake in the company. But he retains a 10 percent stake, which enables the company to use his name for licensing purposes. Trump does not run or control Trump Entertainment Resorts, which was formed after the Trump casino empire emerged from the second of its three bankruptcies. The city's two newest casinos - Hard Rock and Ocean - which both opened on June 27, 2018, have become the second and third most successful Atlantic City casinos in terms of money won from in-person gamblers. Trump said the casinos fail to meet industry standards regarding hotel services, food and beverage operations and overall cleanliness, which he said guests had been complaining about for years. People walk past the Ocean Casino Resort in Atlantic City, N.J., on June 15, 2023. "Not only does the issuance of these WARN notices further harm the Trump name and brand, but it also underscores the (company's) inability to remedy the appalling conditions that gave rise to the defaults under the licensing agreement in the first place," the lawsuit says. ![]() Days later, Trump asserts, the company sent letters to its employees and announced it would close Trump Plaza in September without notifying him. ![]() In the lawsuit, he asserts Trump Plaza failed two quality review tests carried out by a third-party consulting firm, one in 2012 and the other three weeks ago. ![]()
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