HOLIDAY &lt;HIA> RECAPITALIZATION APPROVED

  Holiday Corp said the New Jersey
  Casino Control Commission has approved its recapitalization
  plan, providing the final regulatory approval needed.
      The company said it expects to announce next week the
  record date for the special 65 dlr per share dividend
  shareholders will receive under the plan and to pay the
  dividend during the month of April, with the exact timing
  depending on the closing of financing arrangements.
      Holiday operates Harrah's Marina Hotel and Casino in
  Atlantic City, N.J.
  

