UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                                (Amendment No. )*

                        TRUMP ENTERTAINMENT RESORTS, INC.
                                (Name of Issuer)

                     Common Stock, Par Value $.001 Per Share
                         (Title of Class of Securities)

                                    89816T103
                                 (CUSIP Number)

                                  May 26, 2005
                      (Date of Event which Requires Filing
                               of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

             [ ] Rule 13d-1(b)
             [X] Rule 13d-1(c)
             [ ] Rule 13d-1(d)


*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).





                          Continued on following pages
                               Page 1 of 10 Pages
                              Exhibit Index: Page 8




                                  SCHEDULE 13G
CUSIP No.: 89816T103                                          Page 2 of 10 Pages


1        Names of Reporting Persons
         I.R.S. Identification Nos. of above persons (entities only)

                  LOUIS M. BACON

2        Check the Appropriate Box If a Member of a Group (See Instructions)

                                                     a. [ ]
                                                     b. [X]

3        SEC Use Only


4        Citizenship or Place of Organization

                  UNITED STATES

                      5         Sole Voting Power
 Number of                               1,846,497
  Shares
Beneficially          6         Shared Voting Power
  Owned By                               0
   Each
Reporting             7         Sole Dispositive Power
  Person                                 1,846,497
   With
                      8         Shared Dispositive Power
                                         0

9        Aggregate Amount Beneficially Owned by Each Reporting Person

                  1,846,497

10       Check Box If the Aggregate Amount in Row (9) Excludes Certain
         Shares (See Instructions)

                  [  ]

11       Percent of Class Represented By Amount in Row (9)

                  6.82%

12       Type of Reporting Person (See Instructions)

                  IN; IA





                                  SCHEDULE 13G
CUSIP No.: 89816T103                                          Page 3 of 10 Pages


1        Names of Reporting Persons
         I.R.S. Identification Nos. of above persons (entities only)

                  MOORE CAPITAL MANAGEMENT, LLC

2        Check the Appropriate Box If a Member of a Group (See Instructions)

                                                     a. [ ]
                                                     b. [X]

3        SEC Use Only


4        Citizenship or Place of Organization

                  NEW YORK

                      5         Sole Voting Power
Number of                                1,846,497
  Shares
Beneficially          6         Shared Voting Power
  Owned By                               0
    Each
Reporting             7         Sole Dispositive Power
    Person                               1,846,497
    With
                      8         Shared Dispositive Power
                                         0

9        Aggregate Amount Beneficially Owned by Each Reporting Person

                  1,846,497

10       Check Box If the Aggregate Amount in Row (9) Excludes Certain
         Shares (See Instructions)

                  [  ]

11       Percent of Class Represented By Amount in Row (9)

                  6.82%

12       Type of Reporting Person (See Instructions)

                  OO; IA





                                                              Page 4 of 10 Pages


Item 1(a)         Name of Issuer:

                  Trump Entertainment Resorts, Inc. (the "Issuer")

Item 1(b)         Address of the Issuer's Principal Executive Offices:

                  1000 Boardwalk at Virginia Avenue, Atlantic City, New Jersey
                  08401

Item 2(a)         Name of Person Filing:

                  This statement is being filed (1) by Louis M. Bacon ("Mr.
Bacon"), a United States citizen, in his capacity as chairman, chief executive
officer and director of Moore Capital Management, LLC, a New York limited
liability company ("MCM"), and (2) by MCM. MCM serves as discretionary
investment manager to an international business company organized under the laws
of the Bahamas (the "Fund"). This statement relates to Shares (as defined below)
held for the account of the Fund. Each of Mr. Bacon and MCM, in the capacities
set forth above, may be deemed to be the beneficial owner of Shares held for the
account of the Fund.

Item 2(b)         Address of Principal Business Office or, if None, Residence:

                  The principal business office of each of Mr. Bacon and MCM is
                  located at 1251 Avenue of the Americas,  New York, New York
                  10020.

Item 2(c)         Citizenship:

                  i)  Mr. Bacon is a United States citizen; and

                  ii) MCM is a New York limited liability company.

Item 2(d)         Title of Class of Securities:

                  Common Stock, Par Value $.001 Per Share (the "Shares").

Item 2(e)         CUSIP Number:

                  89816T103

Item 3.           If this statement is filed pursuant to Rule 13d-1(b), or
                  13d-2(b) or (c), check whether the person filing is a:

                  This Item 3 is not applicable.

Item 4.           Ownership:

Item 4(a)         Amount Beneficially Owned:

                  As of the date hereof, each of Mr. Bacon and MCM may be deemed
to be the beneficial owner of the 1,846,497 Shares held for the account of the
Fund.




                                                              Page 5 of 10 Pages


Item 4(b)         Percent of Class:

                  As of the date hereof, the number of Shares of which each of
Mr. Bacon and MCM may be deemed to be the beneficial owner constitutes
approximately 6.82% of the total number of Shares outstanding (based upon
information provided in a Schedule 13D amendment filed on May 23, 2005, the
number of Shares outstanding was 27,086,045 as of May 20, 2005).

Item 4(c)         Number of shares as to which such person has:



                                                                                                        
         Mr. Bacon
         ---------
         (i)       Sole power to vote or direct the vote:                                                  1,846,497
         (ii)      Shared power to vote or to direct the vote                                                      0
         (iii)     Sole power to dispose or to direct the disposition of                                   1,846,497
         (iv)      Shared power to dispose or to direct the disposition of                                         0

         MCM
         ---
         (i)       Sole power to vote or direct the vote:                                                  1,846,497
         (ii)      Shared power to vote or to direct the vote                                                      0
         (iii)     Sole power to dispose or to direct the disposition of                                   1,846,497
         (iv)      Shared power to dispose or to direct the disposition of                                         0


Item 5.           Ownership of Five Percent or Less of a Class:

                  This Item 5 is not applicable.

Item 6.           Ownership of More than Five Percent on Behalf of Another
                  Person:

                  The shareholders of the Fund have the right to participate in
the receipt of dividends from, or proceeds from the sale of, the Shares held by
the Fund in accordance with their respective ownership interests in the Fund.

Item 7.           Identification and Classification of the Subsidiary Which
                  Acquired the Security Being Reported on by the Parent Holding
                  Company:

                  This Item 7 is not applicable.

Item 8.           Identification and Classification of Members of the Group:

                  This Item 8 is not applicable.

Item 9.           Notice of Dissolution of Group:

                  This Item 9 is not applicable.




                                                              Page 6 of 10 Pages


Item 10. Certification:

                  By signing below, each of Mr. Bacon and MCM certifies that, to
the best of his or its knowledge and belief, the securities referred to above
were not acquired and are not held for the purpose of or with the effect of
changing or influencing the control of the Issuer of the securities and were not
acquired and are not held in connection with or as a participant in any
transaction having that purpose or effect.






                                                              Page 7 of 10 Pages


                                   SIGNATURES


         After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.

Date:  June 6, 2005

                                    LOUIS M. BACON


                                    By: /s/ Stephen R. Nelson
                                       -----------------------------------
                                       Name:    Stephen R. Nelson
                                       Title:   Attorney-in-Fact




                                    MOORE CAPITAL MANAGEMENT, LLC

                                    By:  LOUIS M. BACON
                                         Chairman and Chief Executive Officer


                                    By:  /s/ Stephen R. Nelson
                                       -----------------------------------
                                       Name:    Stephen R. Nelson
                                       Title:   Attorney-in-Fact





                                                              Page 8 of 10 Pages


                                  EXHIBIT INDEX

                                                                        Page No.
                                                                        --------

A.   Joint Filing Agreement, dated as of June 6, 2005, by and
     between Louis M. Bacon and Moore Capital Management, LLC..................9

B.   Power of Attorney, dated as of November 28, 1997, granted
     by Louis M. Bacon in favor M. Elaine Crocker, Kevin F.
     Shannon and Stephen R. Nelson............................................10





                                                              Page 9 of 10 Pages


                                    EXHIBIT A

                             JOINT FILING AGREEMENT

         The undersigned hereby agree that the statement on Schedule 13G with
respect to the Common Stock of Trump Entertainment Resorts, Inc., dated as of
June 6, 2005, is, and any amendments thereto (including amendments on Schedule
13D) signed by each of the undersigned shall be, filed on behalf of each of the
undersigned pursuant to and in accordance with the provisions of Rule 13d-1(k)
under the Securities Exchange Act of 1934.

Date:  June 6, 2005

                                    LOUIS M. BACON


                                    By: /s/ Stephen R. Nelson
                                       -----------------------------------
                                       Name:    Stephen R. Nelson
                                       Title:   Attorney-in-Fact




                                    MOORE CAPITAL MANAGEMENT, LLC

                                    By:  LOUIS M. BACON
                                         Chairman and Chief Executive Officer


                                    By:  /s/ Stephen R. Nelson
                                       -----------------------------------
                                       Name:    Stephen R. Nelson
                                       Title:   Attorney-in-Fact








                                                             Page 10 of 10 Pages


                                    EXHIBIT B

                                POWER OF ATTORNEY

         KNOW ALL MEN BY THESE PRESENT, that I, Louis M. Bacon, hereby make
constitute and appoint each of M. Elaine Crocker, Kevin F. Shannon and Stephen
R. Nelson, acting individually, as my agent and attorney-in-fact for the purpose
of executing in my name (a) in my personal capacity or (b) in my capacity as
Chairman and Chief Executive Officer of each of Moore Capital Management, Inc.
and Moore Capital Advisors, LLC and their respective affiliates all documents,
certificates, instruments, statements, filing and agreements ("documents") to be
filed with or delivered to any foreign or domestic governmental or regulatory
body or required or requested by any other person or entity pursuant to any
legal or regulatory requirement relating to the acquisition, ownership,
management or disposition of securities or other investments, and any other
documents relating or ancillary thereto, including but not limited to, all
documents relating to filings with the United States Securities and Exchange
Commission (the "SEC") pursuant to the Securities Act of 1933 or the Securities
Exchange Act of 1934 (the "Act") and the rules and regulations promulgated
thereunder, including: (1) all documents relating to the beneficial ownership of
securities required to be filed with the SEC pursuant to Section 13(d) or
Section 16(a) of the Act including, without limitation: (a) any acquisition
statements on Schedule 13D or Schedule 13G and any amendments thereto, (b) any
joint filing agreements pursuant to Rule 13d-1(f), and (c) any initial
statements of, or states of changes in, beneficial ownership of securities on
Form 3, Form 4 or Form 5 and (2) any information statements on Form 13F required
to be filed with the SEC pursuant to Section 13(f) of the Act.

         This power of attorney shall be valid from the date hereof until
revoked by me.

         IN WITNESS WHEREOF, I have executed this instrument as of the 28th day
of November, 1997.



                               /s/ Louis M. Bacon
                               ------------------
                                 Louis M. Bacon