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Trump Casino Posts $10.6-Million Loss: Donald J....

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From Times Staff and Wire Reports

Trump Casino Posts $10.6-Million Loss: Donald J. Trump disclosed that his Trump Plaza casino posted the losses and said the healthiest of his Atlantic City, N.J., operations may have to seek protection under Chapter 11 bankruptcy protection if he can’t pull off a restructuring. In a filing with the SEC, two Trump companies that operate the 555-room Trump Plaza said they suffered net losses of $10.6 million in 1990, contrasted with $24.6 million in profits the year before.

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