Trump sees negative $4.32 million of EBITDA in December; revenue down

By Caroline Salls

Pittsburgh, Jan. 29 – Trump Entertainment Resorts, Inc. marked negative $4.32 million of EBITDA for December on $10.13 million in net revenue, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

For November, Trump posted negative $1.93 million of EBITDA on $12.7 million in net revenue.

The net loss for December was $5.79 million, widening from a $1.11 million November net loss.

The company had $21.86 million in cash and cash equivalents as of Dec. 31, down from $24.22 million at the end of November.

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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