TRUMP ENTERTAINMENT ANNOUNCES PAYCUT FOR TOP EXECS
Last Updated - 11/8/08 10:03 pm
ATLANTIC CITY-News of even more economic crisis for Atlantic City's casino's, and this time even the executives are being hurt by the slumping revenue numbers at the gaming halls.
Friday Trump Entertainment announced a 5 percent pay cut for the top Atlantic City executives as the company continues to trim corporate expenses during the resorts worst downturn in its thirty year gaming history.
Trump entertainment reported a net loss of more than 139 million this year compared to a profit of more than 6 and a half million dollars last year.
22 of the company's top execs will be affected by the paycut.