Hollywood Casino Shreveport posts $503,000 loss for February

By Ellen Chang

Houston, March 17 - Hollywood Casino Shreveport reported a $503,000 loss for February on net revenue of $10.6 million, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Western District of Louisiana.

In January, the company reported a loss of $189,476 for January on net revenue of $11.22 million.

The company's EBITDA for the month was $1.58 million compared to $1.22 million in January.

Total cash at the end of February was $28.27 million, compared to $27.39 million in January.

Hollywood Casino Shreveport owns and operates a riverboat casino and hotel complex located on the Red River in Shreveport, La. Creditors filed an involuntary Chapter 11 case against the Fort Worth, Texas-based gaming company on Sept. 10. It has since become consensual. The company's Chapter 11 case number is 04-13259.

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