<ARTICLE> 5 <CIK> 0000356213 <NAME> HOLLYWOOD PARK, INC. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 22,382,000 <SECURITIES> 2,173,000 <RECEIVABLES> 16,641,000 <ALLOWANCES> 823,000 <INVENTORY> 0 <CURRENT-ASSETS> 52,251,000 <PP&E> 452,212,000 <DEPRECIATION> 143,295,000 <TOTAL-ASSETS> 422,253,000 <CURRENT-LIABILITIES> 64,245,000 <BONDS> 154,066,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,629,000 <OTHER-SE> 218,589,000 <TOTAL-LIABILITY-AND-EQUITY> 422,253,000 <SALES> 8,392,000 <TOTAL-REVENUES> 78,157,000 <CGS> 10,079,000 <TOTAL-COSTS> 76,499,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 75,000 <INTEREST-EXPENSE> 3,661,000 <INCOME-PRETAX> (2,003,000) <INCOME-TAX> (769,000) <INCOME-CONTINUING> (1,234,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,234,000) <EPS-PRIMARY> (0.05) <EPS-DILUTED> (0.05)