PLAYERS INTERNATIONAL INC /NV/
S-8 POS, 2000-04-18
MISCELLANEOUS AMUSEMENT & RECREATION
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     As filed with the Securities and Exchange Commission on April 18, 2000
                                                       Registration No. 33-

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                        --------------------------------

                         POST-EFFECTIVE AMENDMENT NO. 1
                                       TO
                         FORM S-8 REGISTRATION STATEMENT
                        UNDER THE SECURITIES ACT OF 1933

                        --------------------------------

                           PLAYERS INTERNATIONAL, INC.
             (Exact Name of Registrant as Specified in Its Charter)

                Nevada                             95-41745832
       (State of Incorporation)           (I.R.S. Employer Identification No.)

                        --------------------------------

                           5100 West Sahara Boulevard
                            Las Vegas, Nevada, 89146
                                 (702) 579-2300
          (Address, Including Zip Code and Telephone Number, Including
             Area Code, of Registrant's Principal Executive Offices)

                        --------------------------------

         PLAYERS INTERNATIONAL, INC. INCENTIVE STOCK OPTION PLAN (1985)
                  PLAYERS INTERNATIONAL, INC. STOCK OPTION PLAN
                           FOR NON-EMPLOYEE DIRECTORS
             PLAYERS INTERNATIONAL, INC. 1990 INCENTIVE STOCK OPTION
                          AND NON-QUALIFIED OPTION PLAN
                            (Full Title of the Plan)

                        --------------------------------

                            Stephen H. Brammell, Esq.
                       Senior Vice President and Secretary
                           Players International, Inc.
                           5100 West Sahara Boulevard
                             Las Vegas, Nevada 89146
                                 (702) 579-2300
 (Name, Address and Telephone Number, Including Area Code, of Agent for Service)


<PAGE>


                           PLAYERS INTERNATIONAL, INC.

                    Termination of Registration Statement and
                          Deregistration of Securities

         On March 22, 2000, pursuant to that certain Agreement and Plan of
Merger, dated as of August 19, 1999, by and among Harrah's Entertainment, Inc.,
a Delaware corporation ("Harrah's"), HEI Acquisition Corp. II, a Nevada
corporation and a direct, wholly-owned subsidiary of Harrah's ("HEI"), and
Players International, Inc., a Nevada corporation (the "Company"), HEI merged
with and into the Company (the "Merger"), with the Company continuing as the
surviving corporation. In connection with the Merger, stockholders of the
Company were granted the right to receive $8.50 in cash in exchange for each
issued and outstanding share of common stock of the Company, par value $0.005
per share ("Players Common Stock"), and each option to purchase a share of
Players Common Stock under the Players International, Inc. Incentive Stock
Option Plan (1985), the Players International, Inc. Stock Option Plan for
Non-Employee Directors and the Players International, Inc. 1990 Incentive Stock
Option and Non-Qualified Option Plan (the "Plans"), was accelerated and
similarly exchanged for $8.50 in cash, less the exercise price of such option.

         Because all of the stock options which were granted under the Plans,
and for which the related shares of Players Common Stock were registered on the
registration statement on Form S-8, No. 33-37412 (the "Registration Statement"),
have been exercised in full or have been exchanged for cash in connection with
the Merger, no additional shares of Players Common Stock registered on the
Registration Statement can be purchased or otherwise issued under the Plans. As
a result, the Company hereby removes from registration any and all shares of the
Players Common Stock that were previously registered under the Registration
Statement, and hereby files this Post-Effective Amendment No. 1 to the
Registration Statement to effect such removal and to terminate the Registration
Statement.




<PAGE>


                                   SIGNATURES

         Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S-8 and has duly caused this
Post-Effective Amendment No. 1 to the Registration Statement on Form S-8 of
Players International, Inc. to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Las Vegas, State of Nevada, on March
30, 2000.

                                   PLAYERS INTERNATIONAL, INC.


                                   By: /s/ Stephen H. Brammell
                                      --------------------------
                                      Name:  Stephen H. Brammell
                                      Title: Senior Vice President and Secretary

         Pursuant to the requirements of the Securities Act of 1933, as amended,
this Post-Effective Amendment No. 1 to the Registration Statement on Form S-8 of
Players International, Inc. has been signed as of March 30, 2000 by the
following persons in the capacities indicated.

<TABLE>
<CAPTION>
                    SIGNATURE                                      TITLE                             DATE
                    ---------                                      -----                             ----

<S>                                               <C>                                         <C>

             /s/ Philip G. Satre
- --------------------------------------------       President, Chief Executive Officer           March 30, 2000
                 Philip G. Satre                   and Director

            /s/ Colin V. Reed
- --------------------------------------------       Executive Vice President, Treasurer          March 30, 2000
                  Colin V. Reed                    and Director (Principal Accounting
                                                   Officer)
</TABLE>




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