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Trump Entertainment records $10.27 million December operating loss
By Caroline Salls
Pittsburgh, Jan. 20 - Trump Entertainment Resorts Inc. posted a $10.27 million operating loss for December on $66.03 million in revenues, according to its monthly operating report filed Wednesday with the Securities and Exchange Commission.
The figures showed a decline from the $53,000 operating profit reported for November on $77.86 million in revenues.
The net loss for December was $13.6 million, widening from a $5.78 million November net loss.
Trump had $66.08 million in cash and cash equivalents at Dec. 31, down from $77.65 million at the end of November.
Trump Entertainment Resorts, an Atlantic City-based owner and operator of three casino resort properties, filed for bankruptcy on Feb. 17, 2009 in the U.S. Bankruptcy Court for the District of New Jersey. Its Chapter 11 case number is 09-13654.
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