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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10 - Q/A
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1996
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 0-21732
PRIMADONNA RESORTS, INC.
(Exact name of registrant as specified in its charter)
Nevada 88-0297563
(State or other jurisdiction of (IRS employer identification
incorporation or organization) number)
P.O. Box 95997 , Las Vegas, Nevada 89193-5997
(address of principal executive offices)
(702) 382 - 1212
(Registrant's telephone number, including area code)
__________________________________________________
(Former name, former address and former fiscal year,
if change 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______
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.
Class Outstanding at April 30, 1996
Common Stock, $.01 par value 30,420,775 Shares
Total No. of Pages 31 Exhibit Index on page 16
1
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PART II. OTHER INFORMATION
Item 1. Legal Proceedings.
On April 24, 1996, the federal court in Las Vegas, Nevada, dismissed the
purported class action suits filed April 26, 1994 and May 10, 1994, as
discussed in the Annual Report Form 10-K, Legal Proceedings. The claimants
have until May 31, 1996 to file amended complaints.
Items 2. through 5. of Part II are not applicable
Item 6. Exhibits and Reports on Form 8 - K.
(a) Exhibits.
10.27 First Amendment to Amended and Restated Reducing Revolving Credit
Agreement, dated March 27, 1996, by and among Primadonna Resorts,
Inc., The Primadonna Corporation, and PRMA Land Development
Company as "Borrowers", and First Interstate Bank, N.A. as "Agent
Bank" for a consortium of seventeen participating banks listed
therein as "Lenders".
27. Financial Data Schedule as of March 31, 1996.
See exhibit index on page 16 for exhibits filed with this report.
(b) Reports on Form 8 - K. No report of Form 8 - K was filed during the
quarter for which this report is filed.
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 under-
signed thereunto duly authorized.
PRIMADONNA RESORTS, INC.
________________________
(Registrant)
Date: May 14, 1996 By /s/ Michael P. Shaunnessy
__________________________
Michael P. Shaunnessy
Chief Accounting Officer
15
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EXHIBIT INDEX
Sequentially
Exhibit Numbered
No. Description Page
_______ ____________________ ____________
10.27 First Amendment to Amended and Restated Reducing Revolving 17 - 30
Credit Agreement, dated March 27, 1996, by and among
Primadonna Resorts, Inc., The Primadonna Corporation, and
PRMA Land Development Company as "Borrowers", and First
Interstate Bank, N.A. Bank of Scotland, The Long-Term Credit
Bank of Japan Ltd., Societe Generale, Bank of America Nevada,
Bank of America National Trust and Savings Association,
Midlantic Bank, N.A., First Security Bank of Utah N.A., Abn
Amro Bank N.V., Bank of the West, Bank of Hawaii, Bankers
Trust Company, first Hawaiian Bank, NBD Bank, and The Nippon
Credit Bank, Ltd., as "Lenders".
27. Finanical Data Schedule as of March 31, 1996. 31
16
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM QUARTERLY
FORM 10-Q AS OF MARCH 31, 1996, AND ANNUAL REPORT FORM 10-K AS OF DECEMBER 31,
1995, CONSOLIDATED FINANCIAL STATEMENTS, AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
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<MULTIPLIER> 1000
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> MAR-31-1996
<CASH> 8430
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<RECEIVABLES> 2797
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<INVENTORY> 2359
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<PP&E> 392955
<DEPRECIATION> 96101
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<BONDS> 143409
0
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<TOTAL-LIABILITY-AND-EQUITY> 375564
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