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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): May 20, 1997
Commission file number 1-2500
BALLY'S GRAND, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 13-0980760
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
3645 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS, NEVADA 89109
(Address of principal executive offices) (Zip code)
(702) 739-4111
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
On May 20, 1997, Bally's Grand, Inc. announced the retirement of
Darrell A. Luery as president of Bally's Las Vegas, effective the
end of the month. Luery, who has served as the casino-resort's
president since 1994, said he is retiring after a 20-year career in
the gaming industry, and will relocate to Denver in order to spend
more time with his family.
A copy of the press release from Hilton Hotels Corporation dated May
20, 1997 relating to Mr. Luery's retirement is attached as Exhibit 99
hereto and incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS
99. Press release of Hilton Hotels Corporation dated May 20, 1997.
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SIGNATURE
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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.
BALLY'S GRAND, INC.
(Registrant)
Date: May 23, 1997 /s/ DAVID ARRAJJ
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David Arrajj
Vice President and General Counsel
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HILTON
Hotels Corporation
Contact: Kathy Shepard
Vice President - Corporate Communications
310-205-7676
LUERY RETIRES AS PRESIDENT
OF BALLY'S LAS VEGAS
Las Vegas, Nev., May 20, 1997 -- Hilton Gaming Corporation said today that
Darrell A. Luery, 56, has announced his retirement as president of Bally's-Las
Vegas, effective the end of this month. Luery, who has served as the 2,814-room
casino-resort's president since 1989, said he is retiring after a 20-year career
in the gaming industry, and will relocate to Denver in order to spend more time
with his family.
"During his tenure with Bally's, Darrell did an outstanding job in giving
the resort a new vitality and focused direction that resulted in tremendous
revenues the last several years," said Arthur M. Goldberg, executive vice
president of Hilton Hotels Corporation and president - gaming operations. "We
wish Darrell nothing but the best in his retirement."
While at Bally's, Luery directed an extensive $90 million remodeling
program in which virtually every aspect of the resort's public space was
renovated over a five-year period. He had oversight of such major projects as
construction of the $25 million MGM Grand-Bally's Monorail; development of the
$14.5 million Bally's Plaza, an elaborate people-mover walkway system that
serves as the property's grand entrance; remodeling of the Bally's Avenue
Shoppes, the resort's European-themed retail attraction, and development of
Bally's $3.7 million race and sports book, one of Las Vegas' premier facilities
of its kind.
Prior to joining Bally's, Luery served as executive vice president of the
Ramada Inc. Gaming Group (now Aztar), where he developed and opened the Ramada
Express Hotel-Casino in Laughlin. In addition, he served as vice president of
worldwide marketing for Holiday Corp. and later for Harrah's as senior vice
president of marketing. He was also general manager of Harrah's Marina and
Trump Plaza Hotel-Casino in Atlantic City.
Luery is a graduate of George Washington University and the Harvard
Business School.
