TRUMP HOTELS & CASINO RESORTS HOLDINGS LP
8-K, 1997-01-13
HOTELS & MOTELS
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0220418.01
                       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): January 6, 1997

                  TRUMP HOTELS & CASINO RESORTS HOLDINGS, L.P.
             (Exact name of registrant as specified in its charter)


          Delaware                     33-90786                 13-3818407
(State or other jurisdiction   (Commission File Number)      (I.R.S. Employer
      of incorporation)                                   Identification No.)

         2500 Boardwalk
      Atlantic City, New Jersey                             08401
(Address of principal executive offices)                  (Zip Code)

Registrant's telephone number, including area code:      (609) 441-6060

                   TRUMP HOTELS & CASINO RESORTS FUNDING, INC.
             (Exact name of registrant as specified in its charter)


             Delaware                33-90786                    13-3818405
(State or other jurisdiction   (Commission File Number)       (I.R.S. Employer
         of incorporation)                                  Identification No.)

         2500 Boardwalk
      Atlantic City, New Jersey                            08401
(Address of principal executive offices)                (Zip Code)

Registrant's telephone number, including area code:      (609) 441-6060





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 Item 5:  Other Events.

         On January 6, 1997, Trump Hotels & Casino Resorts, Inc. ("THCR") and
Trump Hotels & Casino Resorts Holdings, L.P. ("THCR Holdings") announced that
the Board of Directors of THCR has authorized the repurchase by THCR Holdings of
up to 1,250,000 shares of THCR's common stock, par value $.01 per share, in the
open market or in privately negotiated transactions, from time to time. The
repurchase program is effectively immediately, until the end of 1997.

         Reference is made to the news release of THCR, dated January 6, 1997,
attached as an Exhibit hereto and incorporated herein by reference.

Item 7: Financial Statements and Exhibits.

          (c) Exhibits:

     99.1: News Release of Trump Hotels & Casino Resorts, Inc., dated January 6,
1997



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                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each
registrant has duly caused this Current Report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                         TRUMP HOTELS & CASINO RESORTS
                                         HOLDINGS, L.P.

                                         By: Trump Hotels & Casino Resorts, Inc.
                                         its general partner


January 13, 1997                               /s/ John P. Burke
                                         ------------------------------------
                                         By:      John P. Burke
                                         Title:   Senior Vice President
                                                  and Corporate Treasurer


                                         TRUMP HOTELS & CASINO RESORTS
                                         FUNDING, INC.



January 13, 1997                               /s/ John P. Burke
                                         ------------------------------------
                                         By:      John P. Burke
                                         Title:   Senior Vice President
                                                  and Corporate Treasurer




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                                  EXHIBIT INDEX


Exhibit No.                Description
- -----------                -----------

99.1                       News Release of Trump
                           Hotels & Casino Resorts, Inc., dated January 6, 1997






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Exhibit 99.1

                [TRUMP HOTELS & CASINO RESORTS, INC. LETTERHEAD]

FOR IMMEDIATE RELEASE

                                              For more information contact:
                                              Nicholas L. Ribis (212) 715-7204

                  TRUMP HOTELS & CASINO RESORTS, INC. ANNOUNCES
                         COMMON STOCK REPURCHASE PROGRAM

         NEW YORK, January 6, 1997 -- Trump Hotels & Casino Resorts, Inc.
(NYSE:DJT) and Trump Hotels & Casino Resorts Holdings, L.P. announced that the
board of directors has authorized the repurchase of up to 1,250,000 shares of
its common stock, in the open market or in privately negotiated transactions,
from time to time, according to Nicholas L. Ribis, president and chief executive
officer. The repurchase program is effective immediately, until the end of 1997.

Donald J. Trump, chairman of the board, commented, "We do not believe the
current market value of Trump Hotels and Casino Resorts common stock reflects
the underlying strengths of the Company. Our investment decision to purchase the
Company's stock reinforces management's long-term commitment and confidence in
the Company's future and is an opportunity to further build shareholder value."

Ribis continued, "Any repurchases will be financed through available cash or
funds generated from operations."

Trump Hotels & Casino Resorts, Inc. owns and operates Trump Plaza Hotel &
Casino, Trump Taj Mahal Casino Resort and Trump Castle Casino Resort in Atlantic
City, NJ, as well as Trump Indiana, the riverboat casino at Buffington Harbor,
IN, on Lake Michigan.





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