The Trump Taj Mahal Casino Resort is located at 1000 Boardwalk Avenue, in Atlantic City, New Jersey, in the bustling casino area. Donald Trump has owned the casino through his holding company Trump Hotels and Casino Resorts which filed for Chapter 11 Bankruptcy. Under the current bankruptcy plan the bondholders would take control of TH&CR including the Taj Mahal and Donald Trump's interest in the company would drop to 25% now making him a minority owner but he will retain the position of Chairman of the Board and Chief Executive Officer.