EXHIBIT 99.1
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[TRUMP ENTERTAINMENT RESORTS LOGO]
FOR IMMEDIATE RELEASE: CONTACT:
May 11, 2007 Dale Black, EVP and Chief Financial Officer
4:30 pm EST (609) 449-5556
John Burke, EVP and Corporate Treasurer
(212) 891-1500
TRUMP ENTERTAINMENT RESORTS REPORTS
PERMISSION FOR TWO-MEMBER AUDIT COMMITTEE
ATLANTIC CITY, NJ - Trump Entertainment Resorts, Inc. (the "COMPANY") (NASDAQ
NMS: TRMP) today reported that it has received notice from the Nasdaq Stock
Market that, although it does not currently comply with the requirement of
Nasdaq Marketplace Rule 4350(d)(2) mandating an audit committee of at least
three members, it can rely on the temporary grace period of the rules allowing a
two-member audit committee. The Company's Audit Committee currently has two
members, a result of the recently announced resignation of Mr. Wallace B. Askins
as a director. The rules permit, in the event of a vacancy, a two-member
committee for a temporary period. The Company will fill the vacancy on its Audit
Committee in the near future.
ABOUT OUR COMPANY
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Trump Entertainment Resorts, Inc. is a leading gaming company that owns and
operates three properties. The Company's properties include Trump Taj Mahal
Casino Resort and Trump Plaza Hotel and Casino, located on the Boardwalk in
Atlantic City, New Jersey, and Trump Marina Hotel Casino, located in Atlantic
City's Marina District. The Company is the sole vehicle through which Donald J.
Trump, the Company's Chairman and largest stockholder, conducts gaming
activities and strives to provide customers with outstanding casino resort and
entertainment experiences consistent with the Donald J. Trump standard of
excellence. Trump Entertainment Resorts, Inc. is separate and distinct from Mr.
Trump's real estate and other holdings.
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