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Trump Casinos: the Art of the Comeback? 10/4/2007 (Wayne Parry, AP) ATLANTIC CITY, N.J. (AP) — For months, a tusk on one of the elephants outside the Trump Taj Mahal Casino Resort was missing, probably snapped off by a vandal. It was one small repair on a long list of things Trump Entertainment Resorts Inc. had to do to spruce up its three casinos in the battle against a growing list of better-financed, newer, flashier casinos changing the face of Atlantic City. Now the tusk is glued back on — a symbol that the company realizes that the small things are just as important as the big ones when it comes to succeeding in the new Atlantic City. "You have a lot of competition to Atlantic City now, which it's never had before," said company chairman Donald Trump. "Now it's really a question of marketing and running (the Trump casinos) beautifully." The company faces stiff headwinds — more than $1.5 billion in debt, better-financed competitors with a big head start on offering the kind of Las Vegas-style resort appeal that Atlantic City has only recently embraced, and at least two deep-pocketed companies who will open new casinos within four years.  Read More
Web entrepreneur gambles on legality of betting site 10/4/2007 (Mike Lewis, Seattle Post) A local betting Web site entrepreneur faces possible extradition to Louisiana after authorities there charged the Seattle man with running an illegal gambling operation. Nick Jenkins said he is awaiting Gov. Chris Gregoire's decision on whether or not to sign the extradition release requested by Louisiana prosecutors, who say Jenkins' now-defunct site, Betcha.com, violated federal and state laws against Internet-based gambling. Jenkins, whose Seattle-based startup was raided by Washington State Gambling Commission investigators in early July, said his attorneys are trying to negotiate with the Governor's Office to delay any move until his Washington state case is heard. A status hearing on the case and possible Louisiana charges is scheduled for Wednesday morning. "Obviously, we think this is unfair, and we're hopeful we can get this resolved," said Jenkins, 38, who faces extradition along with two other Betcha.com owners. "We think our case is a good one." Read More
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