ATLANTIC CITY, N.J.--(BUSINESS WIRE)--April 4, 2008--In response
to inquiries, Trump Entertainment Resorts, Inc. (NASDAQ: TRMP) (the
"Company") noted that the company remains focused on its strategic
plan for operating, and improving performance at, all of its casino
hotels, including completing the new tower at the Trump Taj Mahal. The
company also looks at opportunities to sell one or more of its other
properties and, from time to time, engages in discussions with third
parties regarding proposals to acquire company properties. As the
Company has previously stated, the Company might pursue such a
transaction if presented with an offer that our board of directors
determines to be in the best interests of shareholders. At this time,
the company is not party to any agreement to sell any of its casino
hotel properties.
About Trump Entertainment Resorts, Inc.
Trump Entertainment Resorts, Inc. is a leading gaming company that
owns and operates three properties. The Company's properties are Trump
Taj Mahal Casino Resort and Trump Plaza Hotel and Casino, located on
the Boardwalk in Atlantic City, New Jersey, and Trump Marina Hotel
Casino, located in Atlantic City's Marina District. The Company is the
sole vehicle through which Donald J. Trump, the Company's Chairman and
largest stockholder, conducts gaming activities and is separate and
distinct from Mr. Trump's real estate and other holdings.
PSLRA Safe Harbor for Forward-Looking Statements and Additional
Available Information
The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward-looking statements so long as those
statements are identified as forward-looking and are accompanied by
meaningful cautionary statements identifying important factors that
could cause actual results to differ materially from those projected
in such statements. All statements and information concerning plans,
expectations, estimates and beliefs, as well as other statements
including words such as "anticipate," "believe," "plan," "estimate,"
"expect," "intend," "will," "could," "optimistic," "can" and other
similar expressions, constitute forward-looking statements under the
Private Securities Litigation Reform Act of 1995. In connection with
certain forward-looking statements contained in this release and those
that may be made in the future by or on behalf of Trump Entertainment
Resorts, Inc., the Company notes that there are various factors that
could cause actual results to differ materially from those set forth
in any such forward-looking statements.
The forward-looking statements contained in this release reflect
the opinion of management as of the date of this release and are
qualified by, and subject to, significant business, economic,
competitive, regulatory and other uncertainties and contingencies, all
of which are difficult or impossible to predict and many of which are
beyond the control of the Company. Accordingly, there can be no
assurance that the forward-looking statements contained in this
release will be realized. Readers are hereby advised that developments
subsequent to this release are likely to cause these statements to
become outdated with the passage of time or other factors beyond the
control of the Company. The Company does not intend, however, to
update the guidance provided herein prior to its next release or
unless otherwise required to do so. Readers of this release should
consider these facts in evaluating the information contained herein.
In light of the foregoing, readers of this release are cautioned not
to place undue reliance on the forward-looking statements contained
herein. Additional information concerning the potential risk factors
that could affect the Company's future performance are described from
time to time in the Company's periodic reports filed with the SEC,
including, but not limited to, the Company's Annual Reports on Form
10-K and Quarterly Reports on Form 10-Q. These reports may be viewed
free of charge on the SEC's website, www.sec.gov, or on the Company's
website, www.trumpcasinos.com.
CONTACT: Trump Entertainment Resorts, Inc.
Investors:
John Burke, Interim Chief Financial Officer
609-449-5534
or
Media:
Tom Hickey, Director of Corporate Communications
609-347-3804
SOURCE: Trump Entertainment Resorts, Inc.
