Trump Entertainment posts $4.16 million operating profit for May

By Jennifer Lanning Drey

Portland, Ore., June 18 - Trump Entertainment Resorts Inc. reported a $4.16 million gross operating profit for May on $48.02 million in gross revenues, according to its monthly operating report filed Friday with the Securities and Exchange Commission.

Trump posted a $1.7 million operating profit for April on $79.48 million in revenues.

The net loss for May was $2.7 million, compared to a net loss of $4.4 million in April.

Trump had $71.16 million of cash and cash equivalents at May 31, up from $62.71 million at the end of April.

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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