SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported):  January 8, 1996

                            TAJ MAHAL HOLDING CORP.
                   -----------------------------------------
            (Exact name of registrant as specified in its charter)

              Delaware                   1-10795                13-3598656 
- ----------------------------     ------------------------   -------------------
(State or other jurisdiction     (Commission File Number)   (I.R.S. Employer
          of incorporation)                                 Identification No.)
 
          1000 The Boardwalk
      Atlantic City, New Jersey                                   08401
- -----------------------------------------------------       --------------
(Address of principal executive offices)                       (Zip Code)
 
Registrant's telephone number, including area code: (609) 449-1000
 

 
ITEM 1 TO ITEM 4:  None.


ITEM 5:  Other Events.
         ------------ 

On January 8, 1996, Trump Hotels & Casino Resorts, Inc. ("THCR"), a Delaware
corporation and the general partner of Trump Hotels & Casino Resorts Holdings,
L.P. ("THCR Holdings"), THCR Merger Corp.("Merger Sub"), a wholly owned
subsidiary of THCR, and Taj Mahal Holding Corp. ("Taj Holding") entered into an
Agreement and Plan of Merger (the "Merger Agreement"), pursuant to which, Merger
Sub will be merged with and into Taj Holding upon the terms and subject to the
conditions set forth in the Merger Agreement (the "Merger"). Upon consummation
of the Merger, THCR, through THCR Holdings, will own and operate the Trump Taj
Mahal Casino Resort and the Trump Plaza Hotel and Casino, as well as a riverboat
gaming facility located at Buffington Harbor on Lake Michigan, which is
scheduled to open in April 1996.

Reference is made to (i) the Merger Agreement and (ii) the joint press release
of THCR and Taj Holding, dated January 8, 1996, both attached as Exhibits
hereto.  Both Exhibits are incorporated herein by reference.


ITEM 6 TO ITEM 8:  None.

 
                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Current Report to be signed on its behalf by the
undersigned hereunto duly authorized.



                              TAJ MAHAL HOLDING CORP.



January 10, 1996                     /s/ R. Bruce McKee
                                     ----------------------------------------
                                By:  R. Bruce McKee
                              Title: Assistant Treasurer

 
                                 EXHIBIT INDEX

                                         Sequentially
Exhibit No.    Description               Numbered Page
- -----------    ------------              -------------

2.1            Agreement and Plan of
               Merger by and among Trump 
               Hotels & Casino Resorts, Inc., 
               Taj Mahal Holding Corp. and 
               THCR Merger Corp., dated 
               January 8, 1996

99.1           News Release of Trump
               Hotels & Casino Resorts, Inc. 
               and Taj Mahal Holding Corp., 
               dated January 8, 1996