<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 <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 23,844 <SECURITIES> 0 <RECEIVABLES> 19,348 <ALLOWANCES> 11,920 <INVENTORY> 3,402 <CURRENT-ASSETS> 38,574 <PP&E> 328,230 <DEPRECIATION> (182,045) <TOTAL-ASSETS> 199,148 <CURRENT-LIABILITIES> 21,442 <BONDS> 182,243 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> (42,742) <TOTAL-LIABILITY-AND-EQUITY> 199,148 <SALES> 0 <TOTAL-REVENUES> 237,344 <CGS> 0 <TOTAL-COSTS> 200,865 <OTHER-EXPENSES> 29,109 <LOSS-PROVISION> 1,667 <INTEREST-EXPENSE> (648) <INCOME-PRETAX> 6,351 <INCOME-TAX> 0 <INCOME-CONTINUING> 6,351 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,351 <EPS-PRIMARY> 0 <EPS-DILUTED> 0