<TABLE> <S> <C>

<PAGE>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED FINANCIAL STATEMENTS OF PRATT CASINO CORPORATION AND SUBSIDIARIES
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000912928
<NAME> PRATT CASINO CORPORATION
<MULTIPLIER> 1,000
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   YEAR                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1997
<PERIOD-START>                             JAN-01-1998             JAN-01-1997
<PERIOD-END>                               DEC-31-1998             DEC-31-1997
<CASH>                                           3,746                   2,231
<SECURITIES>                                         0                       0
<RECEIVABLES>                                        0                       0
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                                 4,097                   2,599
<PP&E>                                               3                       3
<DEPRECIATION>                                       3                       3
<TOTAL-ASSETS>                                   7,239                   6,258
<CURRENT-LIABILITIES>                           99,826                  92,690
<BONDS>                                         15,000                  15,000
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                             1                       1
<OTHER-SE>                                   (107,588)               (141,575)
<TOTAL-LIABILITY-AND-EQUITY>                     7,239                   6,258
<SALES>                                              0                       0
<TOTAL-REVENUES>                                 3,604                 257,455
<CGS>                                                0                       0
<TOTAL-COSTS>                                        0                 212,712
<OTHER-EXPENSES>                              (43,831)                  27,793
<LOSS-PROVISION>                                   256                  12,845
<INTEREST-EXPENSE>                              11,797                  31,366
<INCOME-PRETAX>                                 35,382                (27,261)
<INCOME-TAX>                                     1,395                   9,518
<INCOME-CONTINUING>                             33,987                (36,779)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                     310
<CHANGES>                                            0                       0
<NET-INCOME>                                    33,987                (36,469)
<EPS-PRIMARY>                                        0                       0
<EPS-DILUTED>                                        0                       0
        

</TABLE>