Trump Entertainment shows March cash holdings rise to $18.17 million

By Kali Hays

New York, April 29 – Trump Entertainment Resorts, Inc. posted cash and cash equivalent holdings of $18.17 million at the end of March, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The company reported $16.84 million in cash and cash equivalents at the end of February.

Trump also reported negative $5.12 million of EBITDA for March on net revenue of $11.07 million, but those numbers are unchanged from the company’s February report.

The company’s net loss during March was $9.37 million, also unchanged from February.

Trump Entertainment Resorts, an Atlantic City-based owner and operator of casino resort properties, filed for bankruptcy on Sept. 9, 2014. The Chapter 11 case number is 14-12103.

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