Trump Entertainment sees EBITDA rise to $171,270 during May; sales up

By Kali Hays

New York, June 30 – Trump Entertainment Resorts, Inc. reported $171,270 of EBITDA for May with net revenue of $16.15 million, according to its monthly operating report filed June 30 with the U.S. Bankruptcy Court for the District of Delaware.

For April, the company posted negative $4.25 million of EBITDA on net revenue of $13.53 million.

Trump’s net loss for May was $715,323, improving from a $7.31 million net loss in March.

The company also had $18.18 million in cash and equivalents as of May 31, up from $15.4 million as of April 30.

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.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.