<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> 3-MOS 9-MOS <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1998 <PERIOD-START> JUL-01-1998 JAN-01-1998 <PERIOD-END> SEP-30-1998 SEP-30-1998 <CASH> 24,825 24,825 <SECURITIES> 0 0 <RECEIVABLES> 20,804 20,804 <ALLOWANCES> 12,882 12,882 <INVENTORY> 3,291 3,291 <CURRENT-ASSETS> 40,445 40,445 <PP&E> 325,671 325,671 <DEPRECIATION> (179,797) (179,797) <TOTAL-ASSETS> 201,820 201,820 <CURRENT-LIABILITIES> 22,843 22,843 <BONDS> 193,409 193,409 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 1 1 <OTHER-SE> (41,880) (41,880) <TOTAL-LIABILITY-AND-EQUITY> 201,820 201,820 <SALES> 0 0 <TOTAL-REVENUES> 65,835 179,901 <CGS> 0 0 <TOTAL-COSTS> 54,575 149,333 <OTHER-EXPENSES> 6,911 22,654 <LOSS-PROVISION> 509 1,251 <INTEREST-EXPENSE> (120) (550) <INCOME-PRETAX> 3,960 7,213 <INCOME-TAX> 0 0 <INCOME-CONTINUING> 3,960 7,213 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 3,960 7,213 <EPS-PRIMARY> 0 0 <EPS-DILUTED> 0 0