Trump Gets Bailout Offer From Online Casino

ATLANTIC CITY, N.J. -- An Internet casino operator said it was offering Donald Trump $400 million for a stake in his ailing casino company.

Casino Fortune, a Trinidad-based company, said it approached Trump about replacing DLJ Merchant Banking Partners, whose plans for a bailout of Trump Hotels and Casino Resorts fell through last week.

Officials at Casino Fortune acknowledged that they've never spoken to Trump officials about the offer.

They said it was made in hand-delivered letters.

Trump officials said they've been contacted by Casino Fortune, but wouldn't say whether the offer was being considered.

Trump, who runs the Trump Taj Mahal, Trump Plaza and Trump Marina casinos in Atlantic City, N.J., has fallen on hard times even as his public persona soars on the wings of "The Apprentice," his reality TV show.

Trump Hotels holds $1.8 billion in debt and spends so much money on interest payments it has not been able to invest in improving its casino properties.
Verbatim from www.nbc30.com

Will the Donald close this deal? I don't know... Anyway, one thing is sure. Las Vegas would be more than happy to welcome another Trump, Ivanka :-)