GAMING

Trump’s Taj Mahal Files Chapter 11: Donald J. Trump’s lavish Taj Mahal casino has filed for bankruptcy protection in a prearranged deal to reduce its $675-million junk bond debt. The filing, made late Tuesday at the New Jersey home of a Camden court clerk, was long in the works. The case will be heard in U.S. Bankruptcy Court in Camden. Under the plan negotiated last November, Trump agreed to give up half of his ownership in the casino in exchange for lower interest rates on its junk bonds. The plan still must be confirmed by the bankruptcy court, but it already has creditors’ approval.