Trump sees negative $1.93 million of EBITDA in November; revenue down

By Caroline Salls

Pittsburgh, Dec. 23 – Trump Entertainment Resorts, Inc. marked negative $1.93 million of EBITDA for November on $12.7 million in net revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

For October, Trump posted negative $1.91 million of EBITDA on net revenue of $13.03 million.

The net loss for November was $1.11 million, narrowing from a $3.43 million October net loss.

The company also had $24.22 million in cash and cash equivalents as of Nov. 30, up slightly from $24.21 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, 2014. The Chapter 11 case number is 14-12103.

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