10-Q/A

                            UNITED STATES
                  SECURITIES AND EXCHANGE COMMISSION
                        WASHINGTON, D.C. 20549

                            FORM 10-Q/A
                         (AMENDMENT NO. 1)
 (Mark One)
 XX QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
 ---EXCHANGE ACT OF 1934

        For the quarterly period ended              SEPTEMBER 30, 1996
                                        ---------------------------------



    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
 ---EXCHANGE ACT OF 1934
                                                         to
    For the transition period from      ------------   -----------------

    Commission file number                    1-7123
                            -------------------------------------------
                            SHOWBOAT, INC.
       -----------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                 NEVADA                               88-0090766
       ------------------------------       ---------------------------
        (State or other jurisdiction                (I.R.S. Employer
       of incorporation or organization)            Identification No.)

        2800 FREMONT STREET, LAS VEGAS NEVADA         89104-4035
       -----------------------------------------------------------------
        (Address of principal executive offices)        (Zip Code)

                            (702) 385-9123
       -----------------------------------------------------------------
           (Registrant's telephone number, including area code)

                            NOT APPLICABLE
       -----------------------------------------------------------------
            (Former name, former address and former fiscal year,
                        if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Sections 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period
that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.
                                                   Yes  X      No
                                                            ---      ---



























































                             SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934,
   the registrant has duly caused this amendment to be signed on its
   behalf by the undersigned thereunto duly authorized.



                                                     Showboat, Inc.
                                                      Registrant


  Date:December 19, 1996                s/ R. Craig Bird
       ---------------------            ---------------------------------------
                                        R. CRAIG BIRD, Executive Vice
                                        President - Finance and  
                                        Administration and Chief
                                        Financial Officer


  Date:December 19, 1996                s/ Randy L. Taylor
       ---------------------            ---------------------------------------
                                        RANDY L. TAYLOR, Vice President
                                        Taxation and Assistant Treasurer
                                        

EX-27

 

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