<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS OF GB HOLDINGS, INC. AND SUBSIDIARIES AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000912926 <NAME> GB HOLDINGS INC. <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS 6-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1997 <PERIOD-START> APR-01-1997 JAN-01-1997 <PERIOD-END> JUN-30-1997 JUN-30-1997 <CASH> 17,336 17,336 <SECURITIES> 0 0 <RECEIVABLES> 23,628 23,628 <ALLOWANCES> 14,521 14,521 <INVENTORY> 3,619 3,619 <CURRENT-ASSETS> 35,851 35,851 <PP&E> 318,280 318,280 <DEPRECIATION> 167,435 167,435 <TOTAL-ASSETS> 220,960 220,960 <CURRENT-LIABILITIES> 54,746 54,746 <BONDS> 190,424 190,424 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 1 1 <OTHER-SE> (25,647) (25,647) <TOTAL-LIABILITY-AND-EQUITY> 220,960 220,960 <SALES> 0 0 <TOTAL-REVENUES> 67,481 130,678 <CGS> 0 0 <TOTAL-COSTS> 54,655 106,478 <OTHER-EXPENSES> 8,295 16,822 <LOSS-PROVISION> 909 1,559 <INTEREST-EXPENSE> 5,373 10,831 <INCOME-PRETAX> (1,751) (5,012) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (1,751) (5,012) <DISCONTINUED> 0 0 <EXTRAORDINARY> 310 310 <CHANGES> 0 0 <NET-INCOME> (1,441) (4,702) <EPS-PRIMARY> 0 0 <EPS-DILUTED> 0 0