Hollywood Casino Shreveport posts $1.17 million April net loss

By Caroline Salls

Pittsburgh, May 17 - Hollywood Casino Shreveport reported a $1.17 million net loss for April on sales of $10.56 million, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Western District of Louisiana.

The net loss for March was $244,000 on sales of $12.91 million.

The company's EBITDA for the month was $439,000, down from $1.26 million in March.

Total cash on April 30 was $29.80 million, compared to $29.87 million in March.

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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