r/WallStreetbetsELITE • u/RoyalChris • 2d ago

MEME Tired of winning yet?

19.1k Upvotes

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u/Throwthisawayagainst 2d ago

This dude managed to bankrupt a casino. I'd bet hes a member of this sub.

9

u/Cumulus_Anarchistica 2d ago

This dude managed to bankrupt a casino.

  • Trump Taj Mahal casino in Atlantic City. Opened in 1990. In 1991, $3 billion in debt. Filed for Chapter 11 reorganization, resulting in Trump giving up half his stake in the casino and selling his yacht and airline.

  • Trump Hotels and Casinos Resorts filed for bankruptcy in 2004. His casinos, including the Trump Taj Mahal, Trump Marina and Trump Plaza casinos in Atlantic City and a riverboat casino in Indiana accrued $1.8 billion debt.

  • Trump Entertainment Resorts (formerly Trump Hotels and Casinos Resorts) in 2008 missed a $53.1 million bond interest payment.

Four bankruptcies (the other was Trump Plaza Hotel in 1992) three of which were casinos.

10

u/GAE_WEED_DAD_69 2d ago

People usually go broke and become homeless after 1 BANKRUPTCY.

This moron had multiple chances and yet still fucked up. The prime example of how nepotism can get you far in America.

1

u/gitbse 2d ago

Personal bankruptcy is for us filthy peasants. When you're a celebrity (with hundreds of millions from daddy) they let you do it.