Trump Plaza Associates, the organization that runs the Trump Taj Mahal, declared Chapter 11 personal bankruptcy protection in Delaware on Tuesday.

The Taj Mahal will close on November. 13 or shortly after that, based on a business spokesperson. Another casino possessed by the organization, the Trump Plaza, is anticipated to seal lower after Sept. 16, costing 1,046 employees their jobs.

Jesse Trump themself prosecuted one of Trump Plaza Affiliates at the begining of August, declaring that it is casinos were no more sufficiently good to bear his title.

Jesse Trump really built the casinos and when possessed them. But he stated his only current relationship was the certification of his title. He stated they have since fallen into disrepair.

The organization, in the court filing, estimations assets worth between $ten million and $50 million, and liabilities worth between $100 million and $500 million. The documents recognized 30 borrowers, probably the most prominent being Thermal Energy Limited Partnership I, an operator of cooling and heating equipment that is owed nearly $3 million.

The Taj Mahal filing may be the latest issue in the Jersey Shoreline city. Revel, the posh casino where National football league player Ray Grain assaulted his future wife, is anticipated to shut on Wednesday, putting 3,100 employees unemployed.

Another casino, Showboat, closed on August. 31, putting 2,100 people unemployed. And also the Atlantic Club Casino Hotel shut lower in The month of january, ending 1,600 jobs.