Exhibit 99.1

                                  NEWS RELEASE

FOR:            TRUMP HOTELS & CASINO RESORTS, INC. (NYSE: DJT)

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

FOR RELEASE:    June 3, 2002 - Immediate

                     TRUMP HOTELS & CASINO RESORTS APPOINTS

            ERNST & YOUNG LLP AS ITS NEW INDEPENDENT ACCOUNTING FIRM

     NEW YORK, NY - Trump Hotels & Casino Resorts, Inc. ("THCR" or the
"Company") announced today that its Board of Directors has approved the
engagement of Ernst & Young LLP as the new independent accounting firm of the
Company and its subsidiaries, effective June 3, 2002.

     The decision to appoint Ernst & Young was made after an extensive interview
and evaluation process conducted by the Company's Board of Directors, its Audit
Committee and executive management team.

     Ernst & Young replaces Arthur Andersen LLP as the Company's independent
auditors. The decision to change auditors was in response to the New Jersey
Casino Control Commission's ruling directing all New Jersey casino licensees to
terminate any ongoing matters with Arthur Andersen.



     THCR owns and operates Trump Plaza Hotel & Casino, Trump Taj Mahal Casino
Resort and Trump Marina Hotel Casino in Atlantic City, New Jersey, and Trump
Indiana, a riverboat casino at Buffington Harbor, Indiana on Lake Michigan. THCR
also manages Trump 29 Casino located in the Palm Springs, California area. It is
the exclusive vehicle through which Donald J. Trump, the Company's Chairman of
the Board, Chief Executive Officer and President, will engage in new gaming
activities in both emerging and established gaming jurisdictions in both the
United States and abroad.

     THCR is a public company which is approximately 45.6% owned by Donald J.
Trump. The Company is separate and distinct from all of Mr. Trump's other
holdings.

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