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New Jersey Regulators Renew Licenses of Trump's Atlantic City Casinos.

Knight Ridder/Tribune Business News, June, 1999 by Alm, Rick

Knight Ridder/Tribune Business News

Jun. 24 -- New Jersey casino regulators Wednesday relicensed Donald Trump's Atlantic City gambling palaces for four more years, despite concern over the Trump organization's financial stability and staggering corporate debt of $1.8 billion.

Missouri Gaming Commission agents were watching closely in New Jersey. They are reviewing the New York real estate tycoon's surprise bid earlier this year to buy and operate the troubled Flamingo Hilton Casino in Kansas City.

"The only thing I can say is we're aware of the financial situation of Trump and continue to investigate it," said Mel Fisher, the commission's executive director.

Trump officials in New York and Atlantic City did not return calls late...

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