Trump quits casino company’s board
New Jersey ? Donald Trump fired himself Friday from the casino company that bears his name.
Spurned by bond holders who rejected his effort to buy Trump Entertainment Resorts, the real estate mogul and his daughter Ivanka are resigning from its board of directors.
He called the troubled casino company he once controlled “worthless to me now.” He is the largest shareholder, owning more than a quarter of its stock, yet stressed that it comprises “substantially less than 1 percent of my net worth.”
“If I’m not going to run it, I don’t want to be involved in it,” Trump told The Associated Press Friday night. “I’m one of the largest developers in the world. I have a lot of cash and plenty of places I can go.”
For now, his name will remain on the company’s three Atlantic City casinos, although Trump said he may seek legal avenues to removing his name from the business.






