19

             SECURITIES AND EXCHANGE COMMISSION
                    WASHINGTON, DC  20549
                        _____________
                              
                          FORM 10-Q
                              
                              
(Mark One)

[  X  ]   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15  (d)
          OF SECURITIES EXCHANGE ACT OF 1934


          For the quarterly period ended September 30, 1995

                             or

[      ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d)
          OF SECURITIES EXCHANGE ACT OF 1943

          For the transition period from
          _______________________ to ____________________

           Commission file number         0-14897
                              

                      Players International, Inc.
                              
        Nevada                                    95-4175832
(State or other jurisdiction            (I.R.S. employer
of incorporation or                     identification no.)
organization)

   3900 Paradise Road, Suite 135   Las Vegas, NV    89109
(Address of principal                             (Zip code)
executive offices)

Registrant's telephone number,
including area code                (702) 691-3300


   Former name, former address and former fiscal year, if
                 changed since last report.

      Indicate by check whether the registrant (1) has filed
all  reports required to be filed by Section 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


            APPLICABLE ONLY TO CORPORATE ISSUERS:
                              
      The  number  of  shares outstanding  of  each  of  the
registrant's  classes of common stock was 29,404,100  shares
at November 13, 1995.



        PLAYERS INTERNATIONAL, INC. AND SUBSIDIARIES
                              
                            INDEX
                              
                              
PART   I   - FINANCIAL INFORMATION                  PAGE

Item 1.   Financial Statements

     Condensed Consolidated Balance Sheets at
     September 30, 1995 and March 31, 1995              1

     Condensed Consolidated Statements of
     Operations for Three and Six Months Ended
     September 30, 1995 and September 30, 1994          3

     Condensed Consolidated Statements of Cash
     Flows for Six Months Ended September 30,
     1995 and September 30, 1994                        4

     Notes to Condensed Consolidated Financial
     Statements                                         5

Item 2.Management's Discussion and Analysis of
     Results of Operations and Financial
     Condition                                          7


PART II - OTHER INFORMATION

Item 1.Legal Proceedings                               10

Item 4.Submission of Matters to
     a Vote of Security Holders                        10

Item 6.Exhibits and Reports on Form 8-K                11



PART I - FINANCIAL INFORMATION

Item 1.Financial Statements

        PLAYERS INTERNATIONAL, INC. AND SUBSIDIARIES
            CONDENSED CONSOLIDATED BALANCE SHEETS
                   (dollars in thousands)
                              
                           ASSETS

                                 September 30,1995   March 31,
                                      1995             1995
                                    (Unaudited) 
                                           
                                                  
CURRENT ASSETS:                                   
    Cash and cash equivalents           $ 18,476   $  23,886
    Marketable securities, net            120,827     26,446
    Accounts  receivable, net   of                      
    allowance for doubtful accounts of
    $151 at September 30, 1995  and        
    $130 at March 31, 1995                  1,637      1,351
    Notes receivable                        3,248      1,279
    Inventories                             2,135        863
    Deferred income tax                     2,110      2,345
    Prepaid expenses and other current                      
assets                                      6,877      5,452
                                                            
           Total current assets           155,310     61,622
                                                            
PROPERTY   AND   EQUIPMENT,   net   of                      
accumulated depreciation
    and  amortization  of  $17,085  at                      
September 30, 1995 and $10,248
   at March 31, 1995                      175,729    118,105
                                                            
DEFERRED INCOME TAX - long-term             1,943      1,943
                                                            
INTANGIBLES, net                           51,964     39,130
                                                            
OTHER ASSETS                               11,240      2,990
                                                            
           TOTAL ASSETS                 $ 396,186  $ 223,790
                                                            


 The accompanying notes are an integral part of these
 condensed consolidated statements.


        PLAYERS INTERNATIONAL, INC. AND SUBSIDIARIES
            CONDENSED CONSOLIDATED BALANCE SHEETS
          (dollars in thousands, except par value)
                              
            LIABILITIES AND STOCKHOLDERS' EQUITY
                              
                                   September 30, 1995  March 31, 1995
                                       (Unaudited) 
                                  
                                                  
CURRENT LIABILITIES:                              
    Current portion of long-term debt       $ 504    $ 3,375
    Accounts payable                        6,228      8,233
    Accrued liabilities                    22,580     27,030
    Other liabilities                       6,474        669
                                                            
           Total current liabilities       35,786     39,307
                                                            
    OTHER LONG-TERM LIABILITIES            17,356      2,808
                                                            
     LONG-TERM  DEBT, net  of  current                      
portion                                   150,000      5,532
                                                            
STOCKHOLDERS' EQUITY:                                       
    Preferred  stock,  no  par  value,                      
Authorized--10,000,000 shares
      Issued and outstanding--none                          
    Common  stock,  $.005  par  value,                      
Authorized--90,000,000 shares
      Issued and outstanding--                              
       29,814,100 at September  30,1995
       29,672,400 at March 31, 1995           149        148
   Additional paid-in capital             122,970    121,712
     Unrealized  loss  on   marketable       (56)      (451)
securities, net of tax
   Retained earnings                       69,981     54,734
                                                            
    TOTAL STOCKHOLDERS' EQUITY            193,044    176,143
                                                            
   TOTAL LIABILITIES  AND STOCKHOLDER
        EQUITY                          $ 396,186  $ 223,790

                                                           

    The accompanying notes are an integral part of these
             condensed consolidated statements.



        PLAYERS INTERNATIONAL, INC. AND SUBSIDIARIES
       CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
        (dollars in thousands, except per share data)
                         (Unaudited)

                            For the Three       For the Six
                            Months Ended        Months Ended
                            September 30,        March 31,
                            1995    1994       1995    1994

REVENUES:                                                  
  Casino                  $73,743  $55,276  $136,853  $99,972
  Food and beverage         3,502    2,077     5,170    4,024
  Hotel                      1,600     --      1,600      --
  Other                      1,451   1,505     2,285    3,188
                                                           
                            80,296  58,858    145,908 107,184
                                         
COSTS AND EXPENSES:                                        
  Casino                    29,843   18,734  54,241  34,405
  Food and beverage          4,194    1,870   5,740   3,896
  Hotel                        908       --     918      --
  Other gaming related
   expenses                 21,158   11,939  35,645  22,016
  Corporate administrative
   expenses                  2,494    2,004   4,324   3,524
  Pre-opening and gaming
   development costs         2,237    1,729   7,995   3,304
  Depreciation and                                 
   amortization              5,780    1,675   9,258   3,387
                                                           
                            66,614   37,951  118,121  70,532
                                                  
 Income before other income
   (expense) and provision
   for incomes taxes         13,682   20,907  27,787  36,652
                                                           
OTHER INCOME (EXPENSE):                                    
  Interest income            2,060      716   4,183   1,373
  Other income, net             72        1     377     301
  Interest expense          (3,963)   (177) (7,352)   (318)
                                                                      
                            (1,831)     540 (2,792)   1,356
                                                           
 Income before provision
  for income taxes          11,851   21,447  24,995  38,008
                                                           
PROVISION FOR INCOME TAXES   4,622    8,137   9,748  14,257
                                                           
NET INCOME                 $ 7,229 $13,310  $15,247  $23,751
                                                           
EARNINGS PER COMMON AND                                    
  COMMON SHARE EQUIVALENT:                                 
                                                           
  Primary                     0.22     0.43    0.47    0.77
  Fully diluted               0.22     0.42    0.47    0.76
                                                           
WEIGHTED AVERAGE COMMON AND                                 
COMMON EQUIVALENT SHARES:
                                                           
  Primary                32,730,731 31,048,200 32,602,273  30,816,300
  Fully diluted          32,730,819 31,440,450 32,602,654  31,247,100
 

    The accompanying notes are an integral part of these
             condensed consolidated statements.


        PLAYERS INTERNATIONAL, INC. AND SUBSIDIARIES
       CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                   (dollars in thousands)
                         (Unaudited)
                                           For the Six Months
                                           Ended September 30,
                                              1995     1994
CASH FLOWS FROM OPERATING ACTIVITIES:                   
    Net income                             $15,247   $23,751
    Adjustments to reconcile net income to                  
      net cash provided by operating
      activities:                              
       Depreciation and amortization          9,258    3,387
       Other                                (2,169)      148
                                                            
    Changes in assets and liabilities:                      
        Accounts and notes receivable       (2,276)    (417)
        Inventories, prepaid expenses and
         other current assets               (2,697)  (1,335)
        Other assets                       (10,235)     281
        Accounts  payable  and   accrued
         liabilities                        (7,025)    1,872
        Other liabilities                       197    (206)
        Income tax payable                      --   (2,607)
 Net cash provided by operating activities     300    24,874
                                                            
CASH FLOWS FROM INVESTING ACTIVITIES:                       
 Net purchases of property and equipment  (56,336)  (12,408)
 Purchase of marketable securities, net   (91,562)  (11,611)
 Net cash used in investing activities   (147,898)  (24,019)
                                                            
CASH FLOWS FROM FINANCING ACTIVITIES:                       
 Proceeds from issuance of long-term debt  150,000       --
 Payments of long-term debt                 (9,071)     (83)
 Proceeds from exercise of stock options     1,260    1,105
 Other                                          (1)    (253)
 Net cash provided by financing activities  142,188      769
                                                            
NET  INCREASE (DECREASE) IN CASH AND  
  CASH EQUIVALENTS                          (5,410)    1,624
                                                            
CASH AND CASH EQUIVALENTS AT BEGINNING  OF                  
PERIOD                                       23,886   13,957
                                                            
CASH AND CASH EQUIVALENTS AT END OF PERIOD  $18,476  $15,581
                                                            
SUPPLEMENTAL CASH FLOW DISCLOSURE:                          
 Interest paid                                $ 275    $ 318
 Income taxes paid                            8,596   16,329
 Debt incurred to purchase land and equipment   667    3,211
 Stock issued to purchase land                   --    4,238
 Unrealized gain (loss) on marketable          
   securities, net of tax                       394     (528)
 Accrued liabilities incurred to purchase 
   property and equipment                     5,500       --
 Other  long-term liabilities relating                  
  to costs in excess of fair value of
  tangible assets acquired                   14,656       --
                              
                              
                              
    The accompanying notes are an integral part of these
             condensed consolidated statements.
                              


        PLAYERS INTERNATIONAL, INC. AND SUBSIDIARIES
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                         (Unaudited)


Note 1 - Basis of Presentation

       The  accompanying  unaudited  condensed  consolidated
financial  statements  have been prepared  pursuant  to  the
rules   and  regulations  of  the  Securities  and  Exchange
Commission.    Certain  information  and  note   disclosures
normally included in annual financial statements prepared in
accordance  with  generally accepted  accounting  principles
have  been condensed or omitted pursuant to those rules  and
regulations.    It   is  suggested  that   these   condensed
consolidated  financial statements be  read  in  conjunction
with the financial statements and the notes thereto included
in  the  Company's Form 10-K for the year  ended  March  31,
1995.   In the opinion of management, all adjustments (which
include  normal recurring adjustments) necessary to  present
fairly  the  financial position, results of  operations  and
cash flows of all periods presented have been made.

     On April 26, 1995, the Board of Directors declared a 3-
for-2 stock split for stockholders of record at the close of
business on May 8, 1995.  All references to share data  have
been retroactively restated to reflect this split.

      The  results  of operations for the six  month  period
ended  September 30, 1995 are not necessarily indicative  of
the operating results for the full year.

       Certain  reclassifications  have  been  made  to  the
financial  statements as previously presented to conform  to
current classifications.


Note 2 - Casino Revenues and Promotional Allowances

     Casino revenues are the net of gaming wins less losses.
Revenues   exclude   the  retail  value   of   complimentary
admissions,  food and beverage and other items furnished  to
customers,   which  totaled  approximately  $5,764,000   and
$2,138,000, and $9,705,000 and $3,813,000 for the three  and
six months ended September 30, 1995 and 1994, respectively.

      The  estimated  cost of providing  such  complimentary
services  are included in casino costs and expenses  through
inter-department  allocations from the  department  granting
the services as follows (dollars in thousands):

                        For the Three Months  For the Six Months
                         Ended September 30,  Ended September 30,
                            1995     1994       1995     1994

Food and beverage         $ 4,002 $ 1,259    $ 6,786  $ 2,234
Admissions and other        1,086     782     1,896    1,369
                          $ 5,088 $ 2,041    $ 8,682  $ 3,603


Note 3 - Pre-opening and Gaming Development Costs

      All  costs  in connection with the identification  and
development of new gaming jurisdictions and sites are  being
expensed,  except  for  the cost of property  and  equipment
which is capitalized.

Note 4 - Primary and Fully Diluted Shares

      Per  share  amounts have been computed  based  on  the
weighted  average  number of outstanding shares  and  common
stock  equivalents,  if  dilutive, during  each  period.   A
summary  of  the number of shares used in computing  primary
earnings per share follows:

                         For the Three Months     For the Six Months
                         Ended September 30,       Ended September 30,
                           1995        1994         1995        1994

Weighted average number
 of shares outstanding   30,051,219  26,937,450  29,889,606  26,697,600
Dilutive effect of 
 options and warrants     2,679,512  4,110,750    2,712,667  4,118,700
Shares used in computing
 primary earnings 
 per share               32,730,731 31,048,200   32,602,273  30,816,300


      The  number of shared used in computing fully  diluted
earnings per share is as follows:

                             For the Three Months For the
     Six Months
                              Ended September 30, Ended
     September 30,
                                1995            1994
     1995                        1994

Weighted average number of 
 shares outstanding         30,051,219  26,937,450  29,889,606 26,697,600
Dilutive effect of options 
 and warrants                2,679,600   4,503,000   2,713,048  4,549,500
Shares used in computing 
 fully diluted earnings 
 per share                  32,730,819  31,440,450  32,602,654 31,247,100



Note 5 - Long-Term Debt

      On  April  17,  1995, the Company issued  $150,000,000
aggregate principal amount of 10-7/8% Senior Notes  maturing
on  April  15,  2005.   Interest is payable  in  cash  semi-
annually  on April 15 and October 15 commencing October  15,
1995.

      On June 30, 1995, the Company paid off an aggregate of
$8,876,000 of existing debt.

       On   August  31,  1995,  the  Company  closed  on   a
$120,000,000 line of credit.  As of September 30,  1995,  no
draws had been made under the line of credit.


Note 6 - Subsequent Events

     On October 19, 1995, the Company replaced its Player II
Riverboat  in Lake Charles, Louisiana with the  Players  III
Riverboat  which  was purchased from President  Casinos  for
$18,000,000  plus incidental closing costs.   The  Company's
original  Lake  Charles riverboat, the Players  II  will  be
moved  to  the Metropolis, Illinois facility where  it  will
replace the Company's existing Metropolis riverboat.

      The  Company repurchased in November, 1995 a total  of
410,000 shares of its common stock in the open market for  a
total cost of $4,700,000.


Item 2.Management's Discussion and Analysis  of  Results  of
     Operations and Financial Condition


General

      The  Company is currently a developer and operator  of
gaming  and entertainment facilities.  The Company owns  and
operates one riverboat casino in Metropolis, Illinois, which
commenced  operations on February 23,  1993,  two  riverboat
casinos  in  Lake Charles, Louisiana, the Players  Riverboat
Casino, which commenced operations on December 8, 1993,  and
the  Lake  Charles  Star Riverboat Casino,  which  commenced
operations on April 27, 1995, and Players Island  Resort,  a
land  based casino complex which opened on June 29, 1995  in
Mesquite,  Nevada.   The  Company  also  operates  a   horse
racetrack  in  Paducah, Kentucky.  The Company is  presently
engaged in the application and/or development process for  a
number  of potential gaming and entertainment facilities  in
jurisdictions where gaming has been legalized or may soon be
legalized.

Liquidity and Capital Resources

      Cash  and  cash equivalents and marketable  investment
grade  debt  securities totaled $139.3 million at  September
30,  1995  as compared to $50.3 million at March  31,  1995,
reflecting primarily the Company's issuance of $150  million
of 10-7/8% Senior Notes on April 17, 1995.

      For  the  six  months ended September 30,  1995,  cash
provided by operating activities was $300,000 as compared to
$24.9  million for the comparable period of the prior  year.
The  decrease  is attributable primarily to an  increase  in
other  assets  (due to the payment of costs associated  with
issuing  $150 million of 10-7/8% Senior Notes and  arranging
the  $120  million bank credit facility) and the  payoff  of
accrued liabilities (related to the purchase of the Showboat
Star  Partnership).  During the six months  ended  September
30,  1995,  the  Company used $147.9  million  in  investing
activities  as  compared to $24 million for  the  comparable
period of the prior year.  The use of cash is related to the
investment  by the Company of $56.3 million in property  and
equipment, primarily in Mesquite, Nevada, and Lake  Charles,
Louisiana.   The  Company  also recorded  net  purchases  of
marketable securities during the current six month period of
$91.6  million.   Cash provided by financing  activities  of
$142.2 million for the six months ended September 30,  1995,
reflects  $150  million in proceeds  from  the  issuance  of
Senior Notes offset by the repayment of $9.1 million in long
term debt.

      The Company is pursuing the development or acquisition
of additional gaming and entertainment facilities which will
require  extensive  amounts of capital.  Based  on  projects
currently  under  development, the  Company  estimates  that
expenditures  for completion of additional facilities  could
total  up to $175 million over the next twelve months.   The
Company expects to fund these expenditures with (i) cash and
marketable   securities  on  hand,  (ii)  cash   flow   from
operations,  and  if needed, (iii) drawings available  under
its $120 million bank credit agreement.

      On  October 19, 1995, the Company replaced its Players
II  Riverboat in Lake Charles, Louisiana, with  the  Players
III Riverboat which was purchased from President Casinos for
$18  million  plus incidental closing costs.  In  connection
with this acquisition, the Company invested approximately $9
million  for  gaming equipment, refitting and transportation
costs.

       On  November  2,  1995,  the  Company  finalized  its
agreement with Harrah's Entertainment, Inc. to form a  joint
venture  and co-develop a $270 million two riverboat  casino
complex  in  Maryland Heights, Missouri.  Based on  a  fully
developed  budget for the project, the Company's portion  is
expected  to  be $135 million.  The project is  targeted  to
open in the December 1996 quarter, subject to the receipt of
all necessary approvals for the joint development project.

      In  November 1995, the Company repurchased a total  of
410,000 shares of its common stock in the open market for  a
total cost of $4.7 million (through November 10, 1995).

Results of Operations

      Total  revenues  for the three and  six  months  ended
September  30,  1995 increased to $80.3 million  and  $145.9
million,  or by 36.4% and 36.1%, respectively, when compared
to  total  revenues of $58.9 million and $107.2 million  for
the comparable periods of the prior year.  This increase  is
primarily  attributable to the opening of two  new  casinos,
the  Lake  Charles Star Riverboat which opened on April  27,
1995  and  Players Island Resort in Mesquite,  Nevada  which
opened  on June 29, 1995.  Combined casino revenues  totaled
$73.7  million  and  $136.9 million for the  three  and  six
months ended September 30, 1995 as compared to $55.3 million
and  $100  million for the prior year periods.   The  period
over  period increases in casino revenues can be  attributed
to  the opening of the aforementioned new facilities and  to
the   continued  success  of  the  marketing   programs   in
Metropolis.

       Total   operating  costs,  exclusive   of   corporate
administrative  expense, pre-opening and gaming  development
costs and depreciation and amortization, increased 72.6%  to
$56.1 million and 60% to $96.5 million for the three and six
months ended September 30, 1995 as compared to $32.5 million
and  $60.3  million for the comparable periods of the  prior
year.    The  increase  in  operating  expenses  is,  again,
primarily  attributable to the opening of the  Lake  Charles
Star  Riverboat in April 1995 and Players Island  Resort  in
June  1995.   In  addition, the Lake Charles and  Metropolis
operations have increased their spending on advertising  and
marketing  as  a  result of increased  competition  in  Lake
Charles and in anticipation of heightened competition in the
Metropolis  market  later  this  year.   The  Lake   Charles
facility  was also subject to a $.50 per passenger  increase
in the head tax it pays to the local municipality.

      Corporate  administrative costs were $2.5 million  and
$4.3 million for the current year periods as compared to  $2
million and $3.5 million for the three and six months  ended
September  30, 1994.  The increases primarily reflect  staff
expansion    and   additional   administrative    activities
associated  with  the  operation  of  three  facilities   as
compared to two facilities for the prior year periods.

      Pre-opening  and gaming development  costs  were  $2.2
million  and  $8 million for the three and six months  ended
September  30,  1995 as compared to $1.7  million  and  $3.3
million  for  the  comparable  periods  of  the  prior  year
primarily due to the Company's Mesquite, Nevada and Maryland
Heights,  Missouri projects.  Pre-opening expenses  for  the
three  and  six  months ended September 30, 1995  were  $1.4
million  and  $6.2  million.   In  comparison,  the  Company
recorded pre-opening costs of $246,000 and $298,000 for  the
three  and six months ended September 30, 1994.  Development
costs  amounted  to $874,000 for the three months  and  $1.8
million  for  the  six months ended September  30,  1995  as
compared  to $1.5 million and $3 million for the  three  and
six  months  ended  September 30,  1994.   The  decrease  in
development  costs  is  primarily  the  result  of   reduced
legislative activity in emerging jurisdictions.

      Depreciation  and amortization for the three  and  six
months  ended  September 30, 1995 increased to $5.8  million
and  $9.3 million, respectively, as compared to $1.7 million
and  $3.4  million for the comparable periods of  the  prior
year.  The increase in depreciation and amortization expense
is  primarily  due to the opening of the Lake  Charles  Star
Riverboat  in  April 1995, the completion of Players  Island
Resort  in  June  1995  and  the  amortization  of  goodwill
associated  with  the acquisition of the Lake  Charles  Star
Riverboat.

      Other  expenses  amounted to  $1.8  million  and  $2.8
million  for the current year periods as compared  to  other
income  of $540,000 and $1.4 million for the three  and  six
months ended September 30, 1994.  In April 1995, the Company
issued  $150  million in 10-7/8% Senior Notes  resulting  in
interest  expense  of $4 million and $7.4  million  for  the
three and six months ended September 30, 1995 as compared to
$177,000  and  $318,000 for the comparable  periods  of  the
prior  year.  The increase in interest expense was partially
offset by an increase in interest income to $2.1 million and
$4.2  million  for the three and six months ended  September
30,  1995 as compared to $716,000 and $1.4 million  for  the
previous  year  periods.  The increase  in  interest  income
resulted  from the investment of the proceeds of the  Senior
Notes in investment grade debt securities.

      The  Company's  effective net tax rate  covering  both
state and Federal taxes was 39% for the three and six months
ended  September  30,  1995  as  compared  to  38%  for  the
comparable periods of the prior year.  The increase reflects
less  tax  exempt income on investments during  the  current
year  periods as compared to the three and six months  ended
September 30, 1994.

      Consolidated net income for the three and  six  months
ended  September  30,  1995 was $7.2 million,  or  $.22  per
share,  and  $15.2 million, or $.47 per share, respectively,
as  compared to $13.3 million, or $.42 per share, and  $23.8
million,  or $.76 per share, for the comparable  periods  of
the  prior  year.  The period over period decreases  in  net
income are primarily attributable to increased operating and
depreciation  and  amortization costs  associated  with  the
Company's  new operations and to increased interest  expense
related  to  the issuance of $150 million in debt  in  April
1995.




PART II - OTHER INFORMATION

Item 1.        Legal Proceedings

     The Company has the following new legal proceedings and
developments to report:

     Schreier v. Players International, Inc., et al

      On  or  about October 27, 1995 the Company was  served
with  a purported class action in the United States District
Court  for  the  District  of Nevada  which  is  essentially
identical  to the Poulos and Ahearn litigation described  in
the  Company's  Form 10-K, except for certain variations  in
the  definition  of the purported class.  The  Company  will
file  motions  to  dismiss  the  Complaint  which  will   be
analogous to those currently pending before the Court in the
Poulos and Ahearn matter.

     Hyland v. Players International, Inc. et al

     This purported class action was filed on May 5, 1995 in
the  United  States District Court, District of  New  Jersey
seeking damages for violation of the Sherman Anti-Trust Act,
the  Federal Fair Credit Reporting Act and various State law
causes of action arising out of an alleged conspiracy on the
part  of the casino industry to prohibit card counters  from
playing   blackjack.   The  Complaint  names  88  defendants
consisting of virtually every casino operating in the  North
American continent.  The Company has successfully obtained a
voluntary  dismissal without prejudice  of  the  plaintiff's
Complaint  on  the ground that the plaintiff had  failed  to
name  the proper corporate entity.  Since this dismissal  is
without prejudice, the plaintiffs may amend the Complaint to
name  the  Company.  Moreover, defendants in the  case  have
pending motions to dismiss plaintiff's Complaint for failure
to state a claim;  certain defendants having pending motions
to  dismiss for lack of personal jurisdiction;  and  certain
other   defendants   have  pending   motions   to   transfer
jurisdiction of the matter to the District of Nevada.

     Labor Developments

      The  May  23,  1995 petition by the American  Maritime
Officers Union (the `AMO') requesting AMO representation  of
licensed  crew members (captains, mates and chief engineers)
at  Lake  Charles was dismissed on September 29, 1995.   The
May  23, 1995 petition by the Seafarers International  Union
(`SIU')  to  represent unlicensed Lake Charles crew  members
resulted  in  an  election for which the  tentative  results
indicated that such employees (currently 61 in number)  were
in   favor  of  union  representation.   The  Company  filed
objections  with  the  National Labor Relations  Board  (the
`NLRB') regarding the conduct of the SIU election, which are
pending.  Therefore, the NLRB has not taken final action  to
certify  the results of such election.  A separate  petition
before   the   NLRB   seeking   union   representation    of
approximately one-half of the Metropolis work force  by  the
United  Food and Commercial Workers Union, Local 881 (`Local
881'),  has  resulted in the scheduling of  an  election  on
December 8, 1995.  An earlier claim of unfair labor  charges
in  connection  with Local 881's petition has been  resolved
and disposed of by the NLRB without any Company payment.


Item  4.         Submission of Matters to a Vote of Security
Holders

      On  September  12,  1995, the annual  meeting  of  the
Registrant's  Stockholders was held, and  current  directors
were  re-elected.  The directors for fiscal  year  1996  are
Edward  Fishman, David Fishman, Howard Goldberg,  Thomas  E.
Gallagher,  Marshall S. Geller, Steven P.  Perskie  and  Lee
Seidler.   On the record date fixed for the annual  meeting,
stockholders  holding 29,763,904 shares of the  Registrant's
Common  Stock were entitled to vote.  Present at the meeting
in  person, or by proxy were stockholders holding 28,677,439
shares  of  Common  Stock.  Proposal  2,  Amendment  to  the
Amended  and Restated 1993 Stock Incentive Plan was approved
with  24,340,348  votes for, 546,146 votes against,  412,454
abstentions   and  389,162  not  indicated.    Proposal   3,
Amendment  to  the 1994 Directors Stock Incentive  Plan  was
approved  with 23,975,152 votes for, 904,724 votes  against,
419,102 abstentions and 389,132 not indicated.


Item 6.        Exhibits and Reports on Form 8-K

     (a)  Exhibits - none

      (b)   The following reports on Form 8-K were filed  in
the quarter covered by this Form 10-Q.

      A  current report filed on Form 8-K on July  20,  1995
discussed  the  Company's plans to  purchase  the  President
Casino IV Riverboat, place it in Lake Charles, Louisiana and
move the original Lake Charles riverboat, the Players II, to
Metropolis, Illinois.

     The July 20, 1995 Form 8-K also discussed the letter of
intent  with  Harrah's  Entertainment  related  to  a  joint
venture  to  operate  a  riverboat facility  in  Shreveport,
Louisiana.

      A  current  report filed on Form 8-K on September  22,
1995  discussed  recent  operating  results  as  well  as  a
proposed  riverboat  casino  project  in  Harrison   County,
Indiana.   This  8-K also discussed the termination  of  the
joint  venture with H Group Holdings, Inc., to acquire stock
in Grand Palais Riverboat, Inc.

                              
                              
                         SIGNATURES

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

                         PLAYERS INTERNATIONAL, INC.

Date:  November 13, 1995      By   /s/ Peter J. Aranow
                               Peter  J.  Aranow,  Executive
                               Vice President
                               Chief Financial Officer

Date:  November  13, 1995     By   /s/  Stephen K. Radusch
                              Stephen K. Radusch, Controller
                              Principal Accounting Officer