-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 GVCAX7dTh5OlzO+2mw5VMnsG0UXAK6vsC+8Ki/tSsJ3U/PPL3wmlji36ptdb8abL
 ecH5pwOFwxsdyeRWKrMpTw==

<SEC-DOCUMENT>0000898080-04-000203.txt : 20040407
<SEC-HEADER>0000898080-04-000203.hdr.sgml : 20040407
<ACCEPTANCE-DATETIME>20040407145640
ACCESSION NUMBER:		0000898080-04-000203
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040405
FILED AS OF DATE:		20040407

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RIVIERA HOLDINGS CORP
		CENTRAL INDEX KEY:			0000899647
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
		IRS NUMBER:				880296885
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2901 LAS VEGAS BLVD SOUTH
		CITY:			LAS VEGAS
		STATE:			NV
		ZIP:			89109
		BUSINESS PHONE:		7027345110

	MAIL ADDRESS:	
		STREET 1:		2901 LAS VEGAS BLVD S
		CITY:			LAS VEGAS
		STATE:			NV
		ZIP:			89109

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TRUMP HOTELS & CASINO RESORTS INC
		CENTRAL INDEX KEY:			0000943320
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-21430
		FILM NUMBER:		04722189

	BUSINESS ADDRESS:	
		STREET 1:		1000 BOARDWALK
		CITY:			ATLANTIC CITY
		STATE:			NJ
		ZIP:			08401
		BUSINESS PHONE:		6094496515

	MAIL ADDRESS:	
		STREET 1:		1000 BOARDWALK
		CITY:			ATLANTIC CITY
		STATE:			NJ
		ZIP:			08401
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar741_09357form4ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-04-05</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000899647</issuerCik>
        <issuerName>RIVIERA HOLDINGS CORP</issuerName>
        <issuerTradingSymbol>AMEX: RIV</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000943320</rptOwnerCik>
            <rptOwnerName>TRUMP HOTELS &amp; CASINO RESORTS INC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1000 BOARDWALK AT VIRGINIA AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>ATLANTIC CITY</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>08401</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Former 10% owner</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Option (Right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-04-05</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>350000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>350000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Reporting person is the general partner of option holder.</value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Option (Right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-04-05</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>8000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>8000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Reporting person is the general partner of option holder.</value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Option to acquire 350,000 shares of Common Stock of Issuer was granted to a subsidiary of Reporting Person. The option, which expires on December 31, 2004, was terminated in connection with a sale of the underlying securities of grantor. The exercise price was equal to the greater of (i) $2,275,000 (the amount paid by Donald J. Trump, grantor of the option, for the underlying shares) plus incurred brokerage and/or other commissions and/or fees paid by Mr. Trump or (ii) the fair market value of
the shares on the date of exercise based on the average closing sale price of the Issuer's Common Stock on the American Stock Exchange for the 20 trading days immediately preceding the date of exercise.</footnote>
        <footnote id="F2">Option to acquire 8,000 shares of Common Stock of Issuer was granted to a subsidiary of Reporting Person. The option, which expires on December 31, 2004, was terminated in connection with a sale of the underlying securities of grantor. The exercise price was equal to the greater of (i) $37,970.40 (the amount paid by Donald J. Trump, grantor of the option, for the underlying shares) plus incurred brokerage and/or other commissions and/or fees paid by Mr. Trump or (ii) the fair market value of
the shares on the date of exercise based on the average closing sale price of the Issuer's Common Stock on the American Stock Exchange for the 20 trading days immediately preceding the date of exercise.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ John P. Burke</signatureName>
        <signatureDate>2004-04-07</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----