Hollywood Casino Shreveport December loss widens to $1.7 million

By Jeff Pines

Washington, Jan. 20 - Hollywood Casino Shreveport's losses for December widened to $1.7 million from November's $1.3 million, according to the company's monthly operating report filed with the U.S. Bankruptcy Court for the Western District of Louisiana.

Net revenue for December declined to $9.06 million from $10.2 million in November.

EBITDA for December was $198,993 compared with $739,579 for November.

Cash on Dec. 31 was $26.47 million compared with $31.69 million on Nov. 30.

Creditors filed an involuntary Chapter 11 for 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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