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Trump Entertainment unit to seek Chapter 11

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Donald Trump’s casino group, Trump Entertainment Resorts Inc., filed for bankruptcy today after missing a $53 million interest payment at the start of December. This marks the third appearance in bankruptcy court from Trump Entertainment; the group’s most recent proceedings occurred in 2005, just after the fourth season of NBC’s Donald Trump-hosted reality series, The Apprentice. The second season of Celebrity Apprentice, also hosted by Trump, premieres March 1.