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 19, 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 18, 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: September 19, 1995 /s/ Carol S. DePaul
Carol S. DePaul
Secretary
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EXHIBIT 99
FROM: BALLY ENTERTAINMENT CORPORATION
8700 West Bryn Mawr Ave.
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 SUBSIDIARY FILES REGISTRATION STATEMENT
IN CONNECTION WITH SPIN-OFF
CHICAGO, September 18, 1995 -- Bally Entertainment
Corporation (NYSE:BLY) announced that its wholly-owned subsidiary,
Bally's Health & Tennis Corporation, filed a registration statement
with the Securities and Exchange Commission last Friday in connection
with its previously announced plan to spin-off its fitness centers
business. In the registration statement, the company disclosed that
it expects to distribute as a dividend to its stockholders of record
as of the Record Date one share of the spun-off company for every five
shares of Bally Entertainment stock then held. The Record Date will
be set by Bally's Board of Directors, and is expected to be on or about
November 15, 1995. The distribution of the dividend is expected to
occur on or about December 31, 1995, promptly following the
satisfaction of certain conditions.
Bally's Health & Tennis intends to apply for listing on the
Nasdaq National Market under the symbol "BFIT".
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 of 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 335 facilities in the
U.S. and Canada.
