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TRUMP PLAZA HOTEL AND CASINO ANNOUNCES INCREASE IN SIX MONTHS ENDED JUNE 30, 1992, INCOME FROM OPERATIONS

 TRUMP PLAZA HOTEL AND CASINO ANNOUNCES INCREASE IN
 SIX MONTHS ENDED JUNE 30, 1992, INCOME FROM OPERATIONS
 ATLANTIC CITY, N.J., Aug. 13 /PRNewswire/ -- Nicholas L. Ribis, chief executive officer, Trump Plaza Hotel and Casino, announced today that the Plaza's six months income from operations before charges from interest depreciation, amortization and restructuring costs, increased by approximately $18 million from $7,908,000 to $25,522,000 a 223 percent increase year to year.
 Net revenues for the six months improved approximately $22 million from $132,196,000 in 1991 to $154,397,000 in 1992. Trump Plaza reported a 19 percent increase in gaming revenues due largely to an emphasis on marketing efforts and an increased dedication to slots.
 Trump Plaza Associates reported operating results for six months ended June 30 as follows:
 TRUMP PLAZA HOTEL AND CASINO
 Six months ended June 30 1992 1991 Pct. Change
 Net revenues $154,397,000 $132,196,000 17
 Operating expenses 128,875,000 124,288,000 4
 Income from operations(A) 25,522,000 7,908,000 223
 Net loss before
 extraordinary item (3,511,000) (15,331,000) 77
 Extraordinary loss(B) (38,205,000) --- ---
 Net loss (41,716,000) (15,331,000) 172
 (A) Before interest, depreciation and amortization and restructuring costs.
 (B) Resulting from the May 29, 1992, effective date of restructuring.
 /delval/
 -0- 8/13/92
 /CONTACT: Nicholas L. Ribis, 212-832-2000, or Kevin DeSanctis, 609-441-7806, both for Trump Plaza Hotel and Casino/ CO: Trump Plaza Hotel and Casino ST: New Jersey IN: CNO SU: ERN


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Date:Aug 13, 1992
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