Trump is also the founder of Trump Entertainment Resorts, which operates numerous casinos and hotels both domestically and internationally.
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The third time, it was Trump Entertainment Resorts that filed for chapter 11.
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The real estate mogul has since limited his dealings in Atlantic City to a 10 percent stake in Trump Entertainment Resorts.
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The sale leaves the company he once ran, Trump Entertainment Resorts, with just one casino, the Trump Taj Mahal Casino Resort.
Trump Entertainment Resorts ( TRMP - news - people ) at a discount to a Carl Icahn investment vehicle.
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Robert Griffin, CEO of Trump Entertainment Resorts, told The Associated Press the deal shows the Atlantic City market is still attractive to investors, given the right price.
Robert Griffin, CEO of Trump Entertainment Resorts Inc.
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