In Kanuckistan the Casinos are incredibly profitable and earn tons of cash for the Province every year, why is Trump Casino bankrupt again?

Question

for the third time?

Answer 1

Favorite Answer

as profitable as Casino's are...........the still cost a bundle to run........and there are only so many people willing to spend their welfare checks at the craps tables. And Atlantic City is wall to wall Casino's.

It's simply a GLUT of places to take your money..........and not enough people willing to leave their cash there.

But Trump still made out like a bandit last time.........stiffing all his creditors, and getting to keep all his assets..........so maybe he's trying that trick again.

Answer 2

Legalized gambling has happened in three surrounding states.PA,VA,W VA. That accounted for over 2/3 of the traffic to Atlantic City Casino's

Answer 3

Overall, Atlantic City casino revenue is down. One third of Atlantic City casinos are scheduled to be closed by the end of this summer.

Source(s): http://www.nytimes.com/2014/07/15/nyregion/as-casi...

Answer 4

Hurricane Sandy. Obama spanking Chris Christie and Trump in a roundabout way.

Source(s): Are you grabbing my ass?

Answer 5

Trump sold it. Look to the new management.

Answer 6

Competition...

Answer 7

Obama is the president- expect many more bankruptcies before he leaves office!

Answer 8

Because of the economic depression created and maintained by liberal policy.