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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 18, 1999
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.
On June 18, 1999, Fitzgeralds Gaming Corporation (the "Company") completed the
sale of Nevada Club to Harrah's Entertainment, Inc. ("Harrah's"), referred to
previously in the Company's periodic reports as the undisclosed purchaser, for
$3.8 million. Concurrently, the Company also sold the parcel of land known as
the Campbell Parcel to Harrah's for $0.37 million and executed the settlement
agreements with the four Harolds Club land lessors to resolve all claims
against the Company and its affiliates concerning related matters. Net cash to
the Company after making related debt and settlement payments, was
approximately $2.0 million. For further details concerning the sale of Nevada
Club, please refer to the Company's Annual Report for the year ended
December 31, 1998 on Form 10-K, as filed with the Securities and Exchange
Commission on March 30, 1999, and its Quarterly Report for the period ended
April 4, 1999 on Form 10-Q, as filed with the Securities and Exchange
Commission on May 18, 1999.
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 25, 1999 By: /s/ Michael E. McPherson
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Date Michael E. McPherson
Senior Vice President and
Chief Financial Officer
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