Exhibit 99.2


FOR IMMEDIATE RELEASE:  New York, March 30, 1998


PREMIER PARKS INC. (NYSE: Symbol: PKS)

     Premier Parks Inc. announced today that it had consummated its
previously-announced acquisition (the "Private Acquisition") of approximately
50% of Walibi, S.A., a corporation (societe anonyme) organized under the laws of
Belgium ("Walibi").  

     Walibi owns six theme parks, two located in Belgium, one in The Netherlands
and three in France, as well as two smaller attractions in Belgium.  Walibi's
operations had combined 1997 attendance of approximately 3.5 million.  Following
the Private Acquisition, the Company will commence a tender offer for the
remainder of the outstanding capital stock and bonds of Walibi.

     The transaction values Walibi at approximately $139.5 million (at the
exchange rate of Belgian Francs ("BEF") 37.065 to US$1 on December 31, 1997)
based on a multiple of seven times Walibi's 1997 EBITDA, as adjusted.  This
amount includes the assumption or refinancing of Walibi net indebtedness which
aggregated approximately $53.7 million at December 31, 1997.  As a result, the
aggregate consideration to be paid by the Company for the outstanding stock of
Walibi (assuming Premier acquires 100% of the outstanding Walibi capital stock
and bonds pursuant to the tender offer) will be $85.8 million (based on the
year-end exchange rate).  The purchase price in the Private Acquisition was paid
80% in cash in BEF and 20% in Premier Common Stock (approximately 224,455
shares).  The Company will fund the cash portion of the purchase price of the
Walibi acquisition (as well as refinancing certain indebtedness of Walibi) from
borrowings under a $300.0 million senior secured credit facility entered into by
Premier Operations Inc., a subsidiary of the Company, in March 1998.  In
addition, the Company will be obligated to issue additional shares of Premier
Common Stock in the event certain gross revenue targets are met for the Walibi
parks.

     Under the terms of the Walibi agreement, the Company has agreed to invest
at least BEF 1.4 billion (approximately $38 million based on the year-end
exchange rate) in the Walibi parks over the three years commencing with the 1999
season.

     Premier is a leading theme park company that, following the acquisition of
Walibi, operates 19 parks (18 of which are owned) in geographically diverse
markets both in the United States and in Europe.  The 19 parks had aggregate
1997 attendance of approximately 14.5 million.  Premier has recently announced
the acquisition of Six Flags Entertainment Corp.  When this acquisition is
consummated, Premier will operate 31 parks, 25 throughout the United States and
six in Europe, with combined 1997 attendance of approximately 37 million. 
Premier currently expects this acquisition to close this week.


For further information contact:
James F. Dannhauser
Chief Financial Officer 
(212) 599-4693