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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 19, 1994
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SHOWBOAT, INC.
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(Exact name of registrant as specified in charter)
Nevada 1-7123 88-0090766
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State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2800 Fremont Street, Las Vegas, Nevada 89104
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (702) 385-9123
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Not Applicable
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(Former name or former address, if changed since last report)
5. Other Events.
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On May 19, 1994, the Porter County Superior Court,
Porter County, Indiana, handed down a decision, holding that
certain sections of the Indiana riverboat gaming legislation,
previously passed by the Indiana legislature, were
unconstitutional under the Indiana constitution. The gaming
legislation required all counties, except Lake County, Indiana,
to approve gaming in county referendums. In Lake County, the
county in which East Chicago, Gary and Hammond are located, the
legislature permitted the aforementioned cities to approve gaming
in city referendums. The court determined that the legislation
provided for different approval processes for various Indiana
jurisdictions, thus favoring certain jurisdictions and amounting
to "special legislation" in violation of Article IV Section 23 of
the Indiana constitution. The Porter County Superior Court
ordered the Indiana Gaming Commission to cease all activity,
except background investigations, in the processing of licensing
riverboats until such time as the legislature cures the
constitutional defects in the legislation, until further order of
the Porter County Superior Court, or until the further order of
the Indiana Supreme Court. The May 19, 1994 decision has been
appealed to the Indiana Supreme Court.
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Showboat Indiana Investment Limited Partnership and
Waterfront Entertainment and Development, Inc. have applied on
behalf of Showboat Marina Partnership for an Indiana gaming
license to operate a casino in East Chicago, Lake County,
Indiana. Showboat Marina Partnership is the only applicant for
an Indiana riverboat gaming license in East Chicago. Showboat
Indiana Investment Limited Partnership is a limited partnership
wholly owned by two wholly-owned subsidiaries of Showboat, Inc.
SIGNATURES
Pursuant to the requirements of the Securities and
Exchange Act of 1934, the Registrant has fully caused this Report
to be signed on its behalf by the undersigned hereunto duly
authorized.
SHOWBOAT, INC.
Dated: June 7, 1994 /s/ John N. Brewer
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John N. Brewer
Assistant Secretary
