Exhibit 99.1



         RALLY'S HAMBURGERS, INC.
         14255 49th Street North, Bldg. 1
         Clearwater, Florida 33762            727/519-2000  Fax 727/519-2001

                                                       NEWS RELEASE

          CONTACT:  Jay Gillespie, Chief Executive Officer of Rally's
                    727-519-2000

                    Richard Peabody, Chief Financial Officer of Checkers
                    727-519-2000

                    Burt Sugarman of GIANT GROUP
                    310-273-5678


                                                   FOR IMMEDIATE RELEASE

          RALLY'S HAMBURGERS ANNOUNCES MERGER WITH GIANT GROUP AND CHECKERS

               CLEARWATER, FL --SEPTEMBER 28, 1998-- RALLY'S HAMBURGERS,
          INC. (NASDAQ: RLLY), GIANT GROUP, LTD. (NYSE: GPO) and CHECKERS
          DRIVE-IN RESTAURANTS, INC. (NASDAQ: CHKR) announced today that
          they have entered into a letter of intent whereby Rally's will
          merge with GIANT and Checkers in an all-stock transaction.  Under
          the agreement, each share of GIANT's common stock will be
          exchanged for 10.48 shares of Rally's common stock and each share
          of Checkers will be exchanged for 0.5 shares of Rally's common
          stock.

               GIANT currently owns approximately 10.7% of Rally's common
          stock and Rally's owns approximately 26% of Checkers' common
          stock.  After the merger, the largest shareholder of Rally's
          (which will be renamed Checkers in the merger) will be Burt
          Sugarman, GIANT's chairman, with approximately 14.4% primary
          (24.2% fully diluted); CKE Restaurants, Inc. (NYSE: CKR) with
          approximately 10.8% primary (10.7% fully diluted) and Fidelity
          National Financial, Inc. (NYSE: FNF) with approximately 2.8%
          primary (3.4% fully diluted).

               Rally's present management will remain in place, with
          William P. Foley II continuing as chairman of the board, Jay
          Gillespie as president and chief executive officer, and Mr.
          Sugarman serving as vice chairman of the board and chairman of
          the executive committee.  Rally's and Checkers' will continue to
          expand joint purchasing and other cooperative arrangements with
          CKE, which have significantly increased Rally's and Checkers'
          operating efficiencies.

               Mr. Foley said: "The acquisition of Checkers and GIANT GROUP
          will bring to Rally's approximately $50 million in cash, cash
          equivalents and other assets which can be converted to cash, and
          unify the Rally's and Checkers' operations.  The combined
          companies' balance sheet will be strong and the combination of
          Rally's and Checkers' complementary operations will strengthen
          management's efforts to implement its business plan and achieve
          further operating efficiencies.  Mr. Sugarman, who has been
          active in Rally's for many years, will join Rally's on a full-
          time basis and bring to us the benefit of his wide knowledge and
          experience."

               Mr. Sugarman said: "GIANT and I have had significant direct
          involvement in Rally's almost since its inception.  We believe in
          the company and its prospects.  With its superb management team
          led by Bill Foley and Jay Gillespie, the infusion of GIANT's
          capital and the merger with Checkers, we believe Rally's will
          have the opportunity to realize its potential to be a leader in
          the quick-service restaurant industry."

               Mr. Gillespie commented:  "This acquisition gives us the
          capital to move forward with our growth initiatives, such as side
          dining rooms and image enhancements, that are key components in
          creating sustained profitability at Rally's and Checkers."

               The transaction is subject to execution of a definitive
          merger agreement, approval by the shareholders of Rally's, GIANT
          and Checkers, receipt by each company of an investment banker's
          opinion as to the fairness of the transaction to its
          stockholders, and the satisfaction of various other conditions. 
          The parties anticipate the transaction will be consummated in
          late 1998.

               Rally's and Checkers, along with their franchisees, each
          operate 485 double drive-thru hamburger restaurants.  The Rally's
          system is primarily based in the Midwestern United States, while
          Checkers' operations are principally in the Southeastern United
          States.  The combined system will include 970 company owned and
          franchised locations.

               The private Securities Litigation Reform Act of 1995
          provides a "safe harbor" for forward-looking statements.  Certain
          information included in this press release (as well as
          information included in oral statements or other written
          statements made or to be made by Rally's, GIANT or Checkers)
          contains statements that are forward-looking, such as statements
          relating to plans for future activities.  Such forward-looking
          information involves important risks and uncertainties.