In 1997, the company's revenues hit $1.4 billion, and the net loss was pared to $42 million. In 1996 the company's revenues surged to $976 million, though THCR reported a net loss of $66 million.
The initial public offering (IPO) of Trump Hotels & Casino Resorts stock took place in June of 1995 net revenues sank to $196 million that year. In its final three years as a private company, the Trump Organization's revenues dipped from $313 million in 1992 to $301 million in 1993, and to $295 million in 1994. Originally a privately held firm, Trump Hotels & Casino Resorts went public in 1995. The company is the vehicle for the resort development activities of famed businessman Donald Trump. It owns and operates three major casino hotels in Atlantic City and a riverboat casino facility on Lake Michigan near Chicago. Trump Hotels & Casino Resorts (THCR) is one of the largest casino entertainment companies in the United States.
Headquarters: 2500 boardwalk atlantic city, nj 08401