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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): June 9, 1998
FITZGERALDS GAMING CORPORATION
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(Exact name of registrant as specified in its charter)
NEVADA
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(State or other jurisdiction of incorporation)
0-26518 88-0329170
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(Commission File Number) (IRS Employer Identification No.)
301 FREMONT STREET, LAS VEGAS, NEVADA 89101
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(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code): (702) 388-2400
NA
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
Until June 9, 1998, Fitzgeralds Arizona Management, Inc. ("FAMI"), an
85% owned subsidiary of Fitzgeralds Gaming Corporation, had an exclusive
agreement (the "Management Agreement") to manage until May 2000 the Cliff
Castle Casino, a gaming facility in Camp Verde, Arizona, owned and operated by
the Yavapai-Apache Indian Nation (the "Nation"). On June 9, 1998, FAMI entered
into a Termination Agreement with the Nation, pursuant to which the parties
mutually agreed to terminate the Management Agreement. In exchange for
terminating the Management Agreement, the Nation agreed to pay FAMI $8.2
million, which amount was received by FAMI on June 10, 1998. As a result, FAMI
is no longer managing Cliff Castle Casino.
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 thereunto duly authorized.
FITZGERALDS GAMING CORPORATION
(Registrant)
June 24, 1998 By: /s/ Michael E. McPherson
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Date Michael E. McPherson
Senior Vice President and
Chief Financial Officer
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