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Trump Eyes Oregon

ATLANTIC CITY, New Jersey – As reported by Reuters: "Casino operator Trump Entertainment Resorts Inc. is looking to spend about $300 million on transforming an Atlantic City landmark and is looking westward for new development, its chief operating officer said.

"The redevelopment of the famed Atlantic City Steel Pier near the Taj Mahal Casino Resort would help the company increase sales by driving non-gambling revenue, while a hoped-for casino in the state of Oregon would diversify its holdings beyond just the southern New Jersey seacoast.

"Trump currently owns and operates only three casinos -- the Trump Taj Mahal, Trump Marina Hotel Casino and Trump Plaza Hotel & Casino -- all in Atlantic City.

"...It has also been looking for opportunities to open casinos outside Atlantic City, but faces certain restrictions related to its emergence from bankruptcy protection last year on how much it can spend on those projects.

"...Juliano said Trump was talking with local partners for a possible casino in Portland, Oregon. That project, however, needs public approval and is expected to go before the voters in 2008..."

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