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Published on 12/31/2004 in the Prospect News Distressed Debt Daily.

Hollywood Casino Shreveport posts $1.33 million November loss

By Jeff Pines

Washington, Dec. 29 - Hollywood Casino Shreveport recorded a $1.33 million loss in November compared with a $1.95 million loss for October.

Revenues for November rose slightly to $9.42 million from October's $9.35 million.

EBITDA for November was $739,578, up from $571,203 in October.

Cash on Nov. 30 was $31.69 million compared with October's $29.95 million.

An involuntary Chapter 11 petition was filed for the Fort Worth, Texas-based gaming company on Sept. 10 in the U.S. Bankruptcy Court for the Western District of Louisiana. The company's Chapter 11 case number is 04-13259.


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