Exhibit 99.1


                                  NEWS RELEASE

For:       Trump Hotels & Casino Resorts, Inc.
           (NYSE:  DJT)

Contact:   John P. Burke, Corporate Treasurer
           (212) 891-1500

For Immediate Release

      Trump's Castle Associates' Going Concern Qualification to be Removed
              Upon Consummation of Notes Offering on March 25, 2003

     New York, NY - March 19, 2003 --As reported by Trump Hotels & Casino
Resorts, Inc. (NYSE: DJT) on March 13, 2003, we have priced a private placement
of $490 million aggregate principal amount of two new issues of mortgage notes,
consisting of $425 million first priority mortgage notes due March 15, 2010,
bearing interest at a rate of 11.625% per year payable in cash, to be sold at a
price of 94.832% of their face amount for an effective yield of 12.75%, and $65
million second priority mortgage notes due September 15, 2010, bearing interest
at a rate of 11.625% per year payable in cash, plus 6% payable in pay-in-kind
notes. The notes are being issued by Trump Casino Holdings, LLC and Trump Casino
Funding, Inc., two wholly-owned subsidiaries of THCR's operating subsidiary,
Trump Hotels & Casino Resorts Holdings, L.P., and are guaranteed on a secured
basis, subject to certain exceptions and exclusions, by the subsidiaries of the
issuers, including Trump's Castle Associates, L.P., the owner of the Trump
Marina Casino Resort in Atlantic City, New Jersey, Trump Indiana, Inc., the
owner of the Trump Indiana Riverboat Casino in Gary, Indiana, and THCR
Management Services, LLC, the manager of Trump 29 Casino located in the Palm
Springs, California area.

     A portion of the indebtedness to be refinanced with the net proceeds of the
offerings will be used to redeem in full the Trump's Castle's $242 million
principal amount of 11-3/4 % Mortgage Notes due 2003 and approximately $70
million of bank debt. Since this indebtedness matures within one year, it is now
classified as a current liabilities on the consolidated balance sheet of Trump's
Castle Associates and subsidiary, which gives rise to the going concern
qualification in the report of Ernst & Young, LLP on the audited financial
statements of Trump's Castle Associates and subsidiary for 2002. The closing of
the offerings of new notes will occur on March 25, 2003, and a portion of the
proceeds thereof will be used to redeem the mortgage notes and bank debt
maturing in 2003. The Company has been advised by Ernst & Young, LLP, its
independent auditor, that upon consummation of the notes offerings, Ernst &
Young will re-issue its report on the audited financial statements of Trump's
Castle Associates without a going concern qualification.

     THCR is a public company which is approximately 46.6% beneficially owned by
Donald J. Trump. The Company is separate and distinct from all of Mr. Trump's
real estate and other holdings.





     The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements so long as those statements are
identified as forward-looking and are accompanied by meaningful cautionary
statements identifying important factors that could cause actual results to
differ materially from those projected in such statements.

     All statements, trend analysis and other information contained in this
release relative to THCR's or its subsidiaries performance, trends in their
operations or financial results, plans, expectations, estimates and beliefs, as
well as other statements including words such as "anticipate," "believe,"
"plan," "estimate," "expect," "intend" and other similar expression, constitute
forward-looking statements under the Private Securities Litigation Reform Act of
1995. In connection with certain forward-looking statements contained in this
release and those that may be made in the future by or on behalf of issuers,
THCR notes that there are various factors that could cause actual results to
differ materially from those set forth in any such forward-looking statements.
The forward-looking statements contained in this release were prepared by
management and are qualified by, and subject to, significant business, economic,
competitive, regulatory and other uncertainties and contingencies, all of which
are difficult or impossible to predict and many of which are beyond the control
of the issuers. Accordingly, there can be no assurance that the forward-looking
statements contained in this release will be realized or that actual results
will not be significantly higher or lower. Readers of this release should
consider these facts in evaluating the information contained herein. In
addition, the business and operations of THCR and its subsidiaries are subject
to substantial risks, which increase the uncertainty inherent in the
forward-looking statements contained in this release. The inclusion of the
forward-looking statements contained in this release should not be regarded as a
representation by THCR or its subsidiaries or any other person that the
forward-looking statements contained in the release will be achieved. In light
of the foregoing, readers of this release are cautioned not to place undue
reliance on the forward-looking statements contained herein.

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