<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED FINANCIAL STATEMENTS OF GREATE BAY CASINO CORPORATION AND
SUBSIDIARIES AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<RESTATED>
<CIK> 0000030117
<NAME> GREATE BAY CASINO CORPORATION
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> 3-MOS 9-MOS
<FISCAL-YEAR-END> DEC-31-1999 DEC-31-1999
<PERIOD-START> JUL-01-1999 JAN-01-1999
<PERIOD-END> SEP-30-1999 SEP-30-1999
<CASH> 5,061 5,061
<SECURITIES> 0 0
<RECEIVABLES> 359 359
<ALLOWANCES> 0 0
<INVENTORY> 586 586
<CURRENT-ASSETS> 7,993 7,993
<PP&E> 753 753
<DEPRECIATION> 395 395
<TOTAL-ASSETS> 10,440 10,440
<CURRENT-LIABILITIES> 10,860 10,860
<BONDS> 39,020 39,020
0 0
0 0
<COMMON> 519 519
<OTHER-SE> (39,959) (39,959)
<TOTAL-LIABILITY-AND-EQUITY> 10,440 10,440
<SALES> 0 0
<TOTAL-REVENUES> 1,587 5,677
<CGS> 462 2,277
<TOTAL-COSTS> 994 2,328
<OTHER-EXPENSES> 562 (86,282)
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 1,467 8,105
<INCOME-PRETAX> (1,898) 79,249
<INCOME-TAX> 36 63
<INCOME-CONTINUING> (1,934) 79,186
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> (1,934) 79,186
<EPS-BASIC> (.37) 15.27
<EPS-DILUTED> (.37) 15.27
</TABLE>