To understand just how badly the financial meltdown has hurt casino company stocks, look no further than the sale of stock last week by an executive of Trump Entertainment Resorts, the company founded by real estate mogul Donald Trump.

Moody's Investors Service said Tuesday that its 2009 outlook for the gambling sector is negative, as ongoing weakness in demand will hurt profitability, liquidity and cash flow.

Moody's Investors Service cut Trump Entertainment Resorts Holdings LP's probability of default rating, citing the company's decision to delay a scheduled interest payment on some notes.

Trump Entertainment Resorts Inc. reached a forbearance agreement with lenders and note holders and now has until Jan. 21 to try negotiating a restructuring of its debt, according to a regulatory filing from the company late Wednesday.

When 2008 began, Atlantic City's casinos were fighting an economic slump but still talking and dreaming big, with plans for as many as four new casino-hotels worth as much as $11 billion.

Consumers cut back on discretionary spending in 2008, draining casino operators' earnings and pushing the sector's stocks down_ in at least one case more than 90 percent_ and resulting in job cuts and a pullback on development projects.

Guess who is complaining that condominiums in Donald Trump’s latest big project are ridiculously overpriced. According to the New York Times, Donald Trump is.

As millions of Americans are having problems paying their mortgages, so too are some Atlantic City casinos.

Thunder rolled across Las Vegas in a sudden downpour Monday, a literal representation of the perfect storm that has rocked Sin City.