Trump Entertainment Files For Bankruptcy

Several news organizations are reporting that Trump Entertainment has filed for bankruptcy this morning - and, the Trump Taj Mahal could close in November.

The Press of Atlantic City says. "The company listed assets and liabilities of between $100 million and $500 million in its petition in a Delaware court, according to the report."

Meanwhile, nj.com reports: "The Trump Taj Mahal may also shut in November, according to people familiar with the matter."

If the Trump Taj Mahal does close, it would be the 5th Atlantic City casino to close this year.