UPDATE: TRUMP TAJ MAHAL COULD CLOSE BY NOVEMBER

Trump Entertainment Resorts is in bankruptcy, casting further doubt about the Trump Taj Mahal. Many news outlets speculated about the future of the Taj Mahal over the weekend with the beginning of these rumblings, now the questions become even more real. According to media reports, the Taj Mahal could be closed by November. Layoff notices could go out to workers by early as next week. Trump Plaza will close on Sept. 16 and is the other casino in the Trump Entertainment Resorts group. Reuters was the first to report the bankruptcy filing.