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Trump sees $1.31 million EBITDA for July, $19.4 million revenue
By Mark Reccek
Bethlehem, Pa., Aug. 31 – Trump Entertainment Resorts, Inc. marked $1.31 million of EBITDA for July on net revenue of $19.4 million, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
For June, the company reported negative EBITDA of $1.92 million and net revenue of $15.06 million.
Trump’s net loss for July was $55,271, compared to a net loss of $36.6 million in June.
The company also had $18 million in cash and equivalents as of July 31, down from $19.22 million as of June 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.
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