BALLY MANUFACTURING CORP
8-K, 1994-05-19
MISCELLANEOUS AMUSEMENT & RECREATION
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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



                Commission file number  1-7244



                BALLY ENTERTAINMENT CORPORATION
    (Exact name of registrant as specified in its charter)



                Delaware                             36-2512405
     (State or other jurisdiction of              (I.R.S. Employer
     incorporation or organization)              Identification No.)



8700 West Bryn Mawr Avenue, Chicago, Illinois           60631
(Address of principal executive offices)              (Zip Code)



Registrant's telephone number, including area code:  (312) 399-1300
















                          Page 1 of 2
                    Exhibit Index on Page 2

<PAGE>
                BALLY ENTERTAINMENT CORPORATION
                           FORM 8-K
                        Current Report

Item 5.   Other Events.

          On May 17, 1994, the Registrant issued the press release attached
hereto as Exhibit 99, which press release is incorporated herein by reference.


Item 7.   Financial Statements and Exhibits

     c.   Exhibits.

          99   News Release of Registrant dated May 17, 1994


                           SIGNATURE

          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.


                              BALLY ENTERTAINMENT CORPORATION
                              -------------------------------
                                        Registrant


                                     /s/ John W. Dwyer
Date: May 19, 1994        ---------------------------------------
                          Vice President and Corporate Controller
                                (Chief Accounting Officer)











                          Page 2 of 2

                                                      EXHIBIT 99




FROM:    BALLY MANUFACTURING CORPORATION
         8700 West Bryn Mawr Avenue
         Chicago, IL  60631

         MWW/Strategic Communications, Inc.
         Public Relations - Tel. (201) 342-9500
         Contact:  Laurie Terry / Michael W. Kempner
____________________________________________________________________

                                          FOR IMMEDIATE RELEASE


BALLY MANUFACTURING WINS SHAREHOLDER APPROVAL TO CHANGE COMPANY'S
NAME TO BALLY ENTERTAINMENT CORPORATION

      Chicago, IL, May 17, 1994 -- Arthur M. Goldberg, Chairman, CEO
and President of Bally Manufacturing Corporation (NYSE:BLY),
announced today the approval by Bally's shareholders to change the
name of the leading casino and fitness center operator to Bally
Entertainment Corporation.
      Goldberg explained, "Bally's new name more accurately
illustrates the company's success in the operation of world-class
casinos.
      "Since our divestiture from all but our core businesses in
1990, Bally is no longer in the manufacturing business.  As a
result, Bally Entertainment Corporation is a stronger name that
reflects the current and future direction of the company."
      Goldberg said that, "Further evidence of our commitment to the
entertainment industry includes the company's investment in Tunica,
Mississippi, New Orleans and other new gaming jurisdictions."
      Most recently Bally received licensing approval for its Belle
of Orleans riverboat in New Orleans, Louisiana.  This transaction
followed the successful grand opening of the company's first water-
based casino, Bally's Gambling Hall & Saloon in Tunica, Mississippi
last December.
      Bally Manufacturing Corporation is one of the world's foremost
operators of casinos and casino hotel resorts.  The company owns and
operates three world-class casino hotel and resorts in Atlantic City
and Las Vegas, a dockside casino in Tunica, Mississippi and is in
the process of building a riverboat casino in New Orleans, Louisiana
to be opened in early 1995.
      Bally through its subsidiary, Bally's Health & Tennis, is also
the world's largest commercial operator of fitness centers with
approximately 350 facilities in the U.S. and Canada.

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