
                      ATLANTIC CITY HILTON CASINO RESORT
                      ----------------------------------
                             ATLANTIC CITY, NJ
                  
                           ----------------------
                     
                           EMPLOYMENT INFORMATON

______________________________________________________________________________

HILTON HOTELS WINS NJ APPROVAL

$3 BILLION PURCHASE OF BALLY'S

GRAND & PARK PLACE IN ATLANTIC CITY


Atlantic City, NJ --- By Robert Taylor, Editor - Casino.sho

Hilton Hotels Corporation casino license was approved by the New Jersey
Casino Control Commission last week. This opens the door for Hilton
Hotels to run a casino operation in Atlantic City.

Hilton plans on completing the $3 billion purchase of Bally Entertainment
Corporation's two Atlantic City casinos, Park Place and The Grand.

Bally's Chairman Arthur Goldberg will become head of Hilton's gaming
operations and Wallace Barr will continue as President of the two Atlantic
City properties and two Bally riverboat casinos in Louisiana and
Mississippi, as well as Hilton's Kansas City riverboat operation.

Park Place will retain it's name while The Grand will become the Atlantic
City Hilton.

------------------------------------------------------------------------------
 ATLANTIC CITY HILTON   - Atlantic City, NJ |
  Boston at Pacific Ave .......609-347-7111 |
    Box Office ................609-340-7160 |
    Hotel Rooms ...............609-340-7100 |
    Restaurants ...............609-340-7200 |
------------------------------------------------------------------------------

