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Published on 9/30/2015 in the Prospect News Distressed Debt Daily.

Trump Entertainment Resorts sees $1.35 million of EBITDA for August

By Caroline Salls

Pittsburgh, Sept. 30 – Trump Entertainment Resorts, Inc. marked $1.35 million of EBITDA for August on net revenue of $19.69 million, according to its monthly operating report filed Sept. 30 with the U.S. Bankruptcy Court for the District of Delaware.

For July, the company posted $1.31 million of EBITDA on net revenue of $19.4 million.

Trump’s net income for August was $107,607, compared to a $55,271 July net loss.

The company also had $24.14 million in cash and cash equivalents as of Aug. 31, up from $18 million at the end of July.

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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