EXHIBIT 17.2 [LETTERHEAD OF HIALEAH, INC.] October 21, 1996 Mr. R. D. Hubbard, Chairman, and Members of the Board of Directors Hollywood P.O. Box 369 P. O. Box 369 Inglewood, California 90306-0369 Re: Letter of Resignation Dated October 17, 1996 Gentlemen: I, inadvertently, forgot to include the following statements which I wish to make a part of my letter of resignation referred to above. As evidence of Mr. Hubbard's effort to stifle any opposing views; namely my own, I wish to state for the record, that I was never appointed to any committee of the Board of Directors during my entire tenure on the Board. I am not aware of any other exclusion of Board members. In my letter I stated "At that time, led by Mr. Hubbard, the Board showed little interest in undertaking such an initiative. The comments being that Santa Anita was overpriced at $12.50, per share, (today it is $20.00, per share) and Hollywood Park stock was under priced at $10.00, per share. Obviously, my observations and evaluation of this initiative were accurate and perceptive." I failed to mention that Hollywood Park has sold for as low as $7.50, per share, during the past month, even while the company has instituted the "by back" program of 2,000,000 of its shares. I have further been advised that Boomtown, Inc. will seat two, not four, on the Board of Directors of Hollywood Park, Inc., as I previously indicated. Needless to say, we will vote our 872,980 shares (4.72%) against the ------- proposed merger with Boomtown, Inc. We believe there are others, with substantial holdings who will also do so. Yours very truly, /s/ John J. Brunetti John J. Brunetti, Chairman of the Board JJB:jd