CAESARS WORLD INC
10-Q/A, 1994-12-13
MISCELLANEOUS AMUSEMENT & RECREATION
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                    FORM 10-Q/A Number 1

        UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                    WASHINGTON, D.C.   20549


           QUARTERLY REPORT PURSUANT TO SECTION 13 OR  15(d)
            OF THE SECURITIES EXCHANGE ACT OF 1934

       For the quarterly period ended October 31, 1994

                               OR

           TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
             OF THE SECURITIES EXCHANGE ACT OF 1934

    For the transition period from  __________________
             to  __________________

                Commission file number 1-5976

                     CAESARS WORLD, INC.
     (Exact name of registrant as specified in its charter)

            Florida                          59-0773674
        (State or other jurisdiction of    (I.R.S. Employer
         incorporation or organization)     Identification No.)

 1801 Century Park East, Suite 2600, Los Angeles, California    90067
 (Address of principal executive offices)                    (Zip Code)
                              
                          (310) 552-2711
      (Registrant's telephone number, including area code)

                            Not applicable
      (Former name, former address and former fiscal year,
                 if changed since last report.)


Indicate by check mark whether the registrant (1) has  filed
all  reports required to be filed by Section 13 or 15(d)  of
the Securities Exchange Act of 1934 during the preceding  12
months  (or for such shorter period that the registrant  was
required to file such reports), and (2) has been subject  to
such filing requirements for the past 90 days.
                          Yes x   No __

       APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
          PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed  all
documents  and reports required to be filed by Sections  12,
13,  or  15(d)  of  the  Securities  Exchange  Act  of  1934
subsequent  to the distribution of securities under  a  plan
confirmed by a court.   Yes    No
                              
            APPLICABLE ONLY TO CORPORATE ISSUERS:

At  December 8, 1994, registrant had outstanding  25,120,463
shares of its $.10 par value common stock.

Note:  The purpose of this amended filing is to correct  the
index to the Form 10Q for the period ended October 31,  1994
as filed on December 12, 1994.

            CAESARS WORLD, INC. AND SUBSIDIARIES
                      October 31, 1994
                              
                            INDEX



                                                                  Page No.
Part I.  Financial Information

Item 1.  Financial Statements:

  Condensed Consolidated Balance Sheets -
  October 31, 1994 (Unaudited) and July 31, 1994                     3

  Consolidated Statement of Shareholders' Equity
  (Unaudited) - Three months ended October 31, 1994                  4

  Consolidated Statements of Income (Unaudited) -
  Three months ended October 31, 1994 and 1993                       5

  Condensed Consolidated Statements of Cash
  Flows (Unaudited) - Three months ended
  October 31, 1994 and 1993                                          6

  Notes to Condensed Consolidated Financial
  Statements (Unaudited)                                             7

Item 2.  Management's Discussion and Analysis of Financial
     Condition and Results of Operations                             9

Part II.  Other Information

Item 1.  Legal Proceedings                                         13

Item 2.  Changes in Securities                                     13

Item 5.  Other Information                                         13

Item 6.  Exhibits and Reports on Form 8-K                          14








                         SIGNATURES



Pursuant to the requirements of the Securities Exchange  Act
of  1934, the registrant has duly caused this report  to  be
signed  on  its  behalf  by the undersigned  thereunto  duly
authorized.







                                        CAESARS WORLD, INC.
                                           (Registrant)



                                 Principal Accounting Officer:

Date:  December 13, 1994         /s/ Bruce C. Hinckley
                                 Bruce C. Hinckley
                                 Vice President and
                                 Corporate Controller




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