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Trump drops Diamondhead deal

MISSISSIPPI – As reported by the Orlando Sentinel: "Trump Entertainment Resorts Inc., the casino company founded by real estate developer Donald Trump, dropped plans to build a casino on Mississippi's Gulf Coast.

"Trump Entertainment ended negotiations with Diamondhead Casino Corp., the owner of more than 400 acres in Mississippi, after the companies could not reach an agreement, Diamondhead vice president Gregory Harrison said Wednesday.

"Trump pulled out of the deal because of concerns about the project's financial return, Trump spokesman Tom Hickey said…"

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