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) September 13, 1995
SHOWBOAT, INC.
(Exact name of Registrant as specified in charter)
Nevada
(State or other jurisdiction of incorporation)
1-7123 88-0090766
(Commission File Number) (IRS Employee Identification
No.)
2800 Fremont Street, Las Vegas, Nevada 89104
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (702) 385-9123
Not Applicable
(Former name or former address, if changed since last report)
THIS DOCUMENT CONSISTS OF 3 PAGES.
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Item 5. OTHER EVENTS
The Sydney Harbour Casino commenced gaming operations
in an interim casino in Sydney, Australia at 6:30 a.m. (New York
time) on September 13, 1995. Through Showboat Australia Pty Ltd.,
Showboat, Inc. is the largest single shareholder at 26.3% of
Sydney Harbour Casino Holdings Limited, the parent company of the
casino licensee, and has an 85% interest in the management
company which operates Sydney Harbour Casino.
The interim casino is located approximately one mile
from the Sydney central business district at Pyrmont Bay next to
Darling Harbour on Wharves 12 and 13, formally a cruise ship
passenger terminal. The terminal building was renovated to
permit the operation of a casino containing approximately 500
slot machines and 150 table games. The interim casino is open
daily 24 hours per day. The interim casino also features four
restaurants, along with bars, a TAB sports lounge and Pier 13,
the casino store. The interim casino is easily accessed by
monorail, bus, ferry service and private car.
The opening marks the beginning of Sydney Harbour
Casino's monoply as the only full-service casino in the State of
New South Wales for 12 years. This exclusive 12-year period is
included in the 99-year gaming license awarded to Sydney Harbour
Casino.
The permanent Sydney Harbour Casino is expected to be
open in 1998. The permanent Sydney Harbour Casino will feature
approximately 136,000 square feet of casino space, including an
approximately 20,000 square foot private gaming area to be
located on a separate level which will target a premium
clientele. The Sydney Harbour Casino will have approximately
1,500 slot machines and 200 table games. The permanent Sydney
Harbour Casino will also contain themed restaurants, cocktail
lounges, a 2,000 seat lyric theatre, a 700 seat cabaret style
theatre and extensive public areas. The permanent Sydney Harbour
Casino complex will include a 352 room hotel tower and an
adjacent condominium tower containing 139 privately owned units
with full hotel services.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Businesses Acquired.
Not Applicable.
(b) Pro Forma Financial Information.
Not Applicable.
(c) Exhibits.
Not Applicable
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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 hereunto duly authorized.
SHOWBOAT, INC.
(Registrant)
Dated: 13, 1995 September By:/s/ H. Gregory Nasky
H. Gregory Nasky
Executive Vice President and
Secretary
