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Published on 12/24/2014 in the Prospect News Distressed Debt Daily.

Trump sees November loss of $3.13 million, revenue of $13.84 million

By Kali Hays

New York, Dec. 24 – Trump Entertainment Resorts, Inc. reported an operating loss of $3.13 million for November on net revenue of $13.84 million, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

Those numbers compare to an October operating loss of $4.17 million on net revenue of $16.82 million.

The net loss for November was $11.27 million, down from $11.85 million in October.

The company also reported $25.7 million of cash and cash equivalents as of Nov. 30, increased from $24.5 million at the end of October.

Trump Entertainment Resorts, an Atlantic City-based owner and operator of casino resort properties, filed for bankruptcy on Sept. 9. The Chapter 11 case number is 14-12103.


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