COACHELLA-TRUMP PARTNERSHIP STILL HOLDING

November 10, 2001 10:38 PM
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The Coachella-area tribal casino in California remains intact despite a gloomy Atlantic City gambling outlook that has Donald Trump reportedly skipping loan payments.

The Desert Sun reports that the agreement between Twenty-Nine Palms Mission Indians and Trump Hotels and Casino Resorts calls for the Atlantic City company to take over management of Spotlight 29 Casino upon the opening of a $60 million expansion in late March.

Trump reportedly has the money for the payments, but wants to restructure the debt to ensure the long-term health of the casinos.