PARK PLACE ENTERTAINMENT CORP
3, 1999-01-27
HOTELS & MOTELS
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FORM 3                               UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                                                  WASHINGTON, D.C. 20549
<S>                          <C>                                                                        <C>
                                                                                                            OMB APPROVAL
                                     INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES            OMB Number:3235-0104
                                                                                                        Expires:September 30, 1998
                                                                                                        Estimated average burden
                                                                                                        hours per response.....0.5
                             Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
(Print or Type Responses)    Section 17(a) of the Public Utility
                             Holding Company Act of 1935 or Section 30(f) of the Investment
                             Company Act of 1940
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<S>                                                   <C>               <C>
1. Name and Address of Reporting Person*              2. Date of        4. Issuer Name AND Ticker or Trading Symbol
                                                      Event Re-            Park Place Entertainment Corporation
Coleman         Barbara       Bell                    quiring              (NYSE: PPE)
                                                      Statement
                                                      (Month/Day/Year)
                                                      01/20/99
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<S>                                                                     <C>                                           <C>

(Last)                 (First)               (Middle)                   5. Relationship of Reporting                   6. If
                                                                            Person(s) to Issuer                           Amendment,
                                                                            (check all applicable)                        Date of
649 Lake Street                                                                                                           Original
                                                                           ___X___Director        _____10% Owner          (Month/
                                                                           ______ Officer (give   _____Other (Specify     Day/Year)
                                                                                  title below)         below)
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<S>                                                     <C>                             <C>

(Street)                                                3. IRS or                       7. Individual or Joint/Group Filing
                                                           Social Se-                       (Check applicable Line)
                                                           curity                          _X_ Form filed by One Reporting Person
Newark                 NJ                    07104         Number of                       ___ Form filed by More than One
                                                           Reporting                            Reporting Person
                                                           Person
                                                           (Voluntary)
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<S>                                                                        <C>

(City                  (State)               (Zip)                          TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED

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<S>                                                    <C>             <C>              <C>

1. Title of Security                                   2. Amount of    3. Ownership     4. Nature of Indirect Beneficial Ownership
   (Instr. 4)                                          Securities         Form:            (Instr. 5)
                                                       Beneficially       Direct
                                                       Owner              (D) or
                                                       (Instr. 4)         Indirect
                                                                          (Instr. 5)

                                                        







Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.                   (Over)
*If the form is filed by more than one reporting person, see Instruction 5(b)(v).                                    SEC 1473 (9-98)


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FORM 3 (CONTINUED)                      TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, 
                                                    CONVERTIBLE SECURITIES)

<S>                               <C>                  <C>                        <C>             <C>              <C>
1. Title of Derivative Security   2. Date              3. Title and Amount of     4. Conversion   5. Ownership     6. Nature of
   (Instr. 4)                        Exercisable and      Securities Underlying      or Exercise     Form of          Indirect
                                     Expiration           Derivative Security        Price of        Derivative       Beneficial
                                     Date                 Instr. 4)                  Derivative      Security:        Ownership
                                     (Month/Day/Year)                                Security        Direct (D)       (Instr. 5)
                                                                                                     or Indirect
                                                                                                     (I) Instr. 5)



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<S>                                    <C>       <C>        <C>            <C>         <C>           <C>           <C>
                                       Date      Expira-                   Amount              
                                       Exer-     tion       Title          or              
                                       cisable   Date                      Number           
                                                                           of           
                                                                           Shares          
                                                                                                     
     


Common Stock Option                   1/15/99   1/15/99   Common Stock    2,000        $6.50          D





Explanation of Responses:



                                                                                /s/ Barbara Bell Coleman                1/25/99
** Intentional misstatements or omissions of facts constitute                   ---------------------------------       -----------
   Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).       **Signature of Reporting Person         Date
                                               
Note: File three copies of this Form, one of which must be manually signed.  
      If space is insufficient, see Instruction 6 for procedure.                                      


Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently                                                 Page 2
valid OMB Number.                                                                                                    SEC 1473 (9-98)


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