<ARTICLE> 5 <CIK> 0000701374 <NAME> PREMIER PARKS INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 62,326 <SECURITIES> 0 <RECEIVABLES> 6,586 <ALLOWANCES> 0 <INVENTORY> 5,181 <CURRENT-ASSETS> 76,932 <PP&E> 150,180 <DEPRECIATION> 13,032 <TOTAL-ASSETS> 235,777 <CURRENT-LIABILITIES> 18,414 <BONDS> 94,250 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 568 <OTHER-SE> 105,495 <TOTAL-LIABILITY-AND-EQUITY> 235,777 <SALES> 29,383 <TOTAL-REVENUES> 29,383 <CGS> 3,293 <TOTAL-COSTS> 3,293 <OTHER-EXPENSES> 29,959 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,633 <INCOME-PRETAX> (9,543) <INCOME-TAX> (3,817) <INCOME-CONTINUING> (5,726) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,726) <EPS-PRIMARY> (1.09) <EPS-DILUTED> (1.09)