<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> 1,000 <PERIOD-TYPE> YEAR YEAR <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 <PERIOD-START> JAN-01-1997 JAN-01-1996 <PERIOD-END> DEC-31-1997 DEC-31-1996 <CASH> 13,871 15,624 <SECURITIES> 0 0 <RECEIVABLES> 22,749 25,636 <ALLOWANCES> 14,955 15,524 <INVENTORY> 3,372 3,873 <CURRENT-ASSETS> 28,088 35,171 <PP&E> 320,535 317,001 <DEPRECIATION> 172,819 160,987 <TOTAL-ASSETS> 187,728 224,438 <CURRENT-LIABILITIES> 25,117 50,902 <BONDS> 192,918 192,930 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 1 1 <OTHER-SE> (58,601) (20,945) <TOTAL-LIABILITY-AND-EQUITY> 187,728 224,438 <SALES> 0 0 <TOTAL-REVENUES> 256,255 264,761 <CGS> 0 0 <TOTAL-COSTS> 212,712 233,118 <OTHER-EXPENSES> 36,182 37,783 <LOSS-PROVISION> 12,845 2,167 <INTEREST-EXPENSE> 21,580 20,646 <INCOME-PRETAX> (27,064) (28,953) <INCOME-TAX> 10,902 2,417 <INCOME-CONTINUING> (37,966) (31,370) <DISCONTINUED> 0 0 <EXTRAORDINARY> 310 0 <CHANGES> 0 0 <NET-INCOME> (37,656) (31,370) <EPS-PRIMARY> 0 0 <EPS-DILUTED> 0 0