ATLANTIC CITY, NJ—In its Chapter 11 bankruptcy filing on Tuesday, parent company Trump Entertainment Resorts warned that the Trump Taj Mahal could close on Nov. 13 or shortly afterwards.

In its court filing in Delaware, the company stated that the projected closing dates would occur “absent expense reductions,” according to the Press of Atlantic City. Trump Entertainment's Trump Plaza is scheduled to close on Sept. 16.

Robert Griffin, CEO of Trump Entertainment Resorts, stated to the bankruptcy court that his company has more than $285 million in debt. He said the company's casinos have been hurt by competition in the regional casino market, severe weather and a general economic downturn in South Jersey.

He also cited other issues such as the possible legalization of gaming outside of Atlantic City and labor costs as factors that have brought on the company's fiscal woes.

Darrell Stark, business agent at IATSE Local 917, which represents entertainment stagehands, says he has been notified by a casino-hotel manager that his workers should expect to receive WARN letters in the next 48 hours. Ben Begleiter, a spokesman for Unite-Here Local 54, says that the WARN letters are forthcoming for his workers as well.

Trump Taj Mahal employed 2,963 people as of Aug. 31, according to court paper. A hearing is scheduled today in bankruptcy court in Wilmington, DE. See story in the Press of Atlantic City.