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 28, 1995
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
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Exhibit Index on Page 2
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BALLY ENTERTAINMENT CORPORATION
FORM 8-K
Current Report
Item 7. Financial Statements and Exhibits
c. Exhibit
99 News Release of Registrant dated September 28, 1995
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
Date: October 3, 1995 /s/ James S. Montana, Jr.
-----------------------------
James S. Montana, Jr.
Senior Vice President
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EXHIBIT 99
FROM: BALLY ENTERTAINMENT CORPORATION
8700 Bryn Mawr Avenue
Chicago, IL 60631
MWW/Strategic Communications, Inc.
Public Relations - Tel. (201) 507-9500
Contact: Michael W. Kempner/Laurie Terry
FOR IMMEDIATE RELEASE
BALLY ENTERTAINMENT CORPORATION ISSUES 13.5 MILLION SHARES OF 8%
PRIDES[SM] CONVERTIBLE PREFERRED STOCK
CHICAGO, September 28, 1995 -- Bally Entertainment
Corporation (NYSE:BLY) issued 13.5 million shares of 8% PRIDES[SM]
convertible preferred stock, at $11 1/8 per share, through
underwriters led by Merrill Lynch & Co.
Excluding the underwriters 15% over-allotment, the company
will receive approximately $146 million of net proceeds from the
$150 million offering.
Bally Entertainment 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 resorts in
Atlantic City and Las Vegas, commenced the operation of its
riverboat casino in New Orleans, Louisiana in July 1995 and plans
to reopen its dockside casino at its new location in Mississippi in
November 1995.
Bally, through Bally's Health & Tennis Corporation and its
subsidiary, Bally Total Fitness, is also the world's largest
commercial operator of fitness centers with approximately 330
facilities in the U.S. and Canada.
