<ARTICLE> 5 <LEGEND> Alpha Hospitality Corporation Form 10K for the year ended December 31, 1998. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-01-1998 <CASH> 3,837 <SECURITIES> 0 <RECEIVABLES> 885 <ALLOWANCES> 885 <INVENTORY> 0 <CURRENT-ASSETS> 4,016 <PP&E> 9,879 <DEPRECIATION> 5,249 <TOTAL-ASSETS> 10,196 <CURRENT-LIABILITIES> 3,645 <BONDS> 2,108 <PREFERRED-MANDATORY> 0 <PREFERRED> 9 <COMMON> 152 <OTHER-SE> 5,002 <TOTAL-LIABILITY-AND-EQUITY> 10,196 <SALES> 0 <TOTAL-REVENUES> 5,424 <CGS> 7,089 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,595<F1> <LOSS-PROVISION> 250 <INTEREST-EXPENSE> 1,062 <INCOME-PRETAX> (7,024) <INCOME-TAX> (6,375) <INCOME-CONTINUING> (13,399) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (13,399) <EPS-PRIMARY> (1.09) <EPS-DILUTED> (1.09) <FN> <F1>Amount includes depreciation and amortization of $909, development costs of $359 and write-down of property and equipment of $327. </FN>