<PAGE>
As filed with the Securities and Exchange Commission on May 19, 1995
                                              Registration No. 33-_______  

                    SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C. 20549

                            ------------------

                                 FORM S-8
                          REGISTRATION STATEMENT
                                   UNDER
                        THE SECURITIES ACT OF 1933

                            ------------------

                        ACCLAIM ENTERTAINMENT, INC.
          (Exact name of registrant as specified in its charter)

              Delaware                          38-2698904
     (State or other jurisdiction of          (I.R.S Employer
     incorporation or organization)        Identification Number)

                             One Acclaim Plaza
                        Glen Cove, New York  11542
                 (Address of principal executive offices)

                            ------------------

                        Acclaim Entertainment, Inc.
                          1988 Stock Option Plan
                         (Full title of the plan)

                            ------------------
                                                     
          Gregory E. Fischbach               Copy to:             
          Chief Executive Officer            Eric M. Lerner, Esq.
          One Acclaim Plaza                  Rosenman & Colin  
          Glen Cove, New York  11542         575 Madison Avenue       
          (516) 656-5000                     New York, New York 10022
          (Name, address and telephone       (212) 940-7157
          number of agent for service)

                            ------------------

<TABLE>
<CAPTION>
                      CALCULATION OF REGISTRATION FEE
- --------------------------------------------------------------------------------------
Title of                          Proposed maximum   Proposed maximum     Amount of
securities to      Amount to be   offering price     aggregate offering   registration
be registered       registered    per share*         price*               fee
- --------------------------------------------------------------------------------------
<S>                <C>            <C>                <C>                  <C>
Common Stock,
 par value $0.02
 per share.......   6,000,000        $16.75            $100,500,000        $34,656
<CAPTION>
- --------------------------------------------------------------------------------------
</TABLE>
* Estimated solely for the purpose of calculating the registration fee;
computed, pursuant to Rule 457(c), upon the basis of the average of the high and
low prices of the Common Stock as quoted on The NASDAQ Stock Market's National
Market System on May 18, 1995.

                            ------------------

<PAGE>
                             PART II

        INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3.  INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE

     Acclaim Entertainment, Inc. (the "Company") is subject to the
informational requirements of the Securities Exchange Act of 1934
(the "Exchange Act") and, in accordance therewith, files reports
and other information with the Securities and Exchange Commission
(the "Commission").  The following documents, or portions thereof,
filed by the Company with the Commission pursuant to the Exchange
Act are incorporated by reference in this Registration Statement:

          (a)  Annual Report on Form 10-K for the fiscal year ended
     August 31, 1994, filed on November 28, 1994 (File No. 0-
     16986);

          (b)  Quarterly Report on Form 10-Q for the fiscal quarter
     ended November 30, 1994, filed on January 13, 1995 (File No.
     0-16986);

          (c)  Quarterly Report on Form 10-Q for the fiscal quarter
     ended February 28, 1995, filed on April 10, 1995
     (File No. 0-16986);

          (d)  Current Report on Form 8-K, filed on March 31, 1995
     (File No. 0-16986); and 

          (e)  The information in respect of the Company's common
     stock under the caption "Description of Registrant's
     Securities to be Registered" contained in the Registration
     Statement on Form 8-A filed on June 8, 1988, as amended by the
     Current Report on Form 8-K, dated August 24, 1989, relating to
     the one-for-two stock split effected by the Company
     (File No. 0-16986).

     All documents subsequently filed by the Company pursuant to
Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to
the filing of a post-effective amendment hereto indicating that all
securities offered have been sold or which deregisters all
securities then remaining unsold, shall be deemed to be
incorporated by reference in this Registration Statement and to be
a part of this Registration Statement from the respective dates of
filings of such documents.

ITEM 6.  INDEMNIFICATION OF DIRECTORS AND OFFICERS

     The Certificate of Incorporation of the Company provides that
any person may be indemnified against all expenses and liabilities
to the fullest extent permitted by the General Corporation Law of
the State of Delaware.


<PAGE>
     Section 145 of the General Corporation Law of Delaware, the
law of the state in which the Company is incorporated, empowers a
corporation within certain limitations to indemnify any person
against expenses, including attorneys' fees, judgments, fines and
amounts paid in settlement actually and reasonably incurred by him
in connection with any suit or proceeding to which he is a party by
reason of the fact that he is or was a director, officer, employee
or agent of the corporation or is or was serving at the request of
the corporation as a director, officer, employee or agent of
another corporation, partnership, joint venture, trust or other
enterprise, as long as he acted in good faith and in a manner which
he reasonably believed to be in, or not opposed to, the best
interests of the corporation.  With respect to any criminal
proceeding, he must have had no reasonable cause to believe his
conduct was unlawful.

     The Company has in effect directors' and officers' liability
insurance.

ITEM 8.  EXHIBITS

   Exhibit No. Description
   ----------- -----------
     *4(a)   - Acclaim Entertainment, Inc. 1988 Stock Option Plan,
               as amended and restated.

      4(b)   - Certificate of Incorporation (incorporated by
               reference to Exhibit 3.1 to the Company's
               Registration Statement on Form S-1, Registration
               No. 33-28274, filed on April 21, 1989, as amended).

      4(c)   - Amendment to Certificate of Incorporation
               (incorporated by reference to Exhibit 3.2 to the
               Company's Registration Statement on Form S-1,
               Registration No. 33-28274, filed on April 21, 1989,
               as amended).

     *4(d)   - Amendment to Certificate of Incorporation.

     *4(e)   - Amended and Restated By-Laws of the Company.

      4(f)   - Specimen of common stock certificate of the Company
               (incorporated by reference to Exhibit 4.1 to the
               Company's Annual Report on Form 10-K for the year
               ended August 31, 1991, filed on November 8, 1989,
               as amended (File No. 0-16986)).

     *5      - Opinion of Rosenman & Colin.

      23(a)  - Consent of Grant Thornton LLP (included on page II-7).

                                     II-2
<PAGE>

      23(b)  - Consent of Rosenman & Colin (included in Exhibit
               5).

      24     - Power of Attorney (included on page II-6)

- ---------------------------
*  Filed herewith

                                     II-3
<PAGE>
ITEM 9.  UNDERTAKINGS

     The undersigned Registrant hereby undertakes:  (a)  to file,
during any period in which offers or sales are being made, a post-
effective amendment to this Registration Statement to include any
material information with respect to the plan of distribution of
the securities being registered hereby not previously disclosed in
this Registration Statement or any material change to such
information in this Registration Statement; (b)  that, for the
purpose of determining any liability under the Securities Act of
1933 (the "Securities Act"), each such post-effective amendment
shall be deemed to be a new registration statement relating to the
securities offered herein, and the offering of such securities at
that time shall be deemed to be the initial bona fide offering
thereof; and (c)  to remove from registration by means of a post-
effective amendment any of the securities being registered which
remain unsold at the termination of the offering.

     The undersigned Registrant hereby undertakes that, for
purposes of determining any liability under the Securities Act,
each filing of the Registrant's annual report pursuant to Section
13(a) or 15(d) of the Securities Exchange Act of 1934 that is
incorporated by reference in this Registration Statement shall be
deemed to be a new registration statement relating to the
securities offered herein, and the offering of such securities at
that time shall be deemed to be the initial bona fide offering
thereof.

     Insofar as indemnification for liabilities arising under the
Securities Act may be permitted to directors, officers and
controlling persons of the Registrant pursuant to the foregoing
provisions, or otherwise, the Registrant has been advised that, in
the opinion of the Securities and Exchange Commission, such
indemnification is against public policy as expressed in the Act
and is, therefore, unenforceable.  In the event that a claim for
indemnification against such liabilities (other than the payment by
the Registrant of expenses incurred or paid by a director, officer
or controlling person of the Registrant in the successful defense
of any action, suit or proceeding) is asserted by such director,
officer or controlling person in connection with the securities
being registered, the Registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in

the Securities Act and will be governed by the final adjudication
of such issue.

                                     II-4

<PAGE>
                                  SIGNATURES

     Pursuant to the requirements of the Securities Act of 1933,
the Registrant certifies that it has reasonable grounds to believe
that it meets all of the requirements for filing on Form S-8 and
has duly caused this Registration Statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City
of Glen Cove, State of New York, on this 17th day of May, 1995.

                                   ACCLAIM ENTERTAINMENT, INC.
                                         (Registrant)

                                   By    Gregory E. Fischbach
                                     ----------------------------
                                         Gregory E. Fischbach
                                     Co-Chairman of the Board and
                                        Chief Executive Officer

                                     II-5

<PAGE>
                             POWER OF ATTORNEY

     KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below constitutes and appoints Gregory E. Fischbach and James Scoroposki, and
each or either of them, his true and lawful attorney-in-fact and agent, each
acting alone, with full power of substitution and resubstitution, for him and
in his name, place, and stead, in any and all capacities, to sign any or all
amendments (including post-effective amendments) to this Registration
Statement, and to file the same, with all the exhibits thereto, and other
documents in connection therewith, with the Securities and Exchange
Commission, granting unto said attorneys-in-fact and agents, each acting
alone, full power and authority to do and perform each and every act and
thing requisite or necessary to be done in and about the premises as fully,
to all intents and purposes, as he might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents, each
acting alone, or his substitute or substitutes, may lawfully do or cause to
be done by virtue hereof.

     Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.

     Signature                     Title                           Date
     ---------                     -----                           ----
  Gregory E. Fischbach        Co-Chairman; Chief Executive     May 17, 1995
- ------------------------       Officer; Director
  Gregory E. Fischbach

  James Scoroposki            Co-Chairman; Senior Executive    May 17, 1995
- ------------------------       Vice President; Treasurer;
  James Scoroposki             Secretary; Director

  Robert Holmes               President; Chief Operating       May 17, 1995
- ------------------------       Officer; General Manager;
  Robert Holmes                Director

  Bernard J. Fischbach        Director                         May 17, 1995
- ------------------------
  Bernard J. Fischbach

  Michael Tannen              Director                         May 17, 1995
- ------------------------
  Michael Tannen

  Robert H. Groman            Director                         May 17, 1995
- ------------------------
  Robert H. Groman

  James Scibelli              Director                         May 17, 1995
- ------------------------
  James Scibelli

  Bruce Ravenel               Director                         May 17, 1995
- ------------------------
  Bruce Ravenel

  Anthony R. Williams         Executive Vice President;        May 17, 1995
- ------------------------       Chief Financial and
  Anthony R. Williams          Accounting Officer

                                     II-6
<PAGE>
              CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS

To the Board of Directors of
  Acclaim Entertainment, Inc.

          We have issued our report dated October 20, 1994
accompanying the consolidated financial statements and schedules of
Acclaim Entertainment, Inc. and subsidiaries included in the Annual
Report on Form 10-K for the year ended August 31, 1994, which is
incorporated by reference in this Registration Statement on Form 
S-8.  We consent to the incorporation by reference in the
Registration Statement of the aforementioned report.

GRANT THORNTON LLP

New York, New York
May 18, 1995

                                     II-7

<PAGE>
                                 EXHIBIT INDEX

Document                                              Page Number
- --------                                              -----------
4(a)   -  Acclaim Entertainment, Inc. 1988
          Stock Option Plan, as amended
          and restated.

4(b)   -  Certificate of Incorporation
          (incorporated by reference to
          Exhibit 3.1 to the Company's
          Registration Statement on Form S-1,
          Registration No. 33-28274, filed on
          April 21, 1989, as amended).

4(c)   -  Amendment to Certificate of
          Incorporation (incorporated by
          reference to Exhibit 3.2 to the
          Company's Registration Statement on
          Form S-1, Registration No. 33-28274,
          filed on April 21, 1989, as amended).

4(d)   -  Amendment to Certificate of Incorporation.

4(e)   -  Amended and Restated By-Laws of the
          Company.

4(f)   -  Specimen of common stock certificate of
          the Company (incorporated by reference to
          Exhibit 4.1 to the Company's Annual Report
          on Form 10-K for the year ended August 31,
          1991, filed on November 8, 1989, as amended
          (File No. 0-16986)).

5      -  Opinion of Rosenman & Colin.

23(a)  -  Consent of Grant Thornton LLP (included
          on page II-7).

23(b)  -  Consent of Rosenman & Colin (included in
          Exhibit 5).

24     -  Power of Attorney (included on page II-6)
[{"type": "S-8", "sequence": "1", "description": "REGISTRATION STATEMENT", "secsgml_size_bytes": 16309}]
{"company-data": {"conformed-name": "ACCLAIM ENTERTAINMENT INC", "cik": "0000804888", "assigned-sic": "7372", "irs-number": "382698904", "state-of-incorporation": "DE", "fiscal-year-end": "0831"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "033-59483", "film-number": "95541283"}, "business-address": {"street1": "71 AUDREY AVE", "city": "OYSTER BAY", "state": "NY", "zip": "11771", "phone": "5169222400"}, "mail-address": {"street1": "71 AUDREY AVE", "city": "OYSTER BAY", "state": "NY", "zip": "11771"}, "former-company": {"former-conformed-name": "GAMMA CAPITAL CORP", "date-changed": "19880608"}}
As filed with the Securities and Exchange Commission on May 19, 1995
                                              Registration No. 33-_______  

                    SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C. 20549

                            ------------------

                                 FORM S-8
                          REGISTRATION STATEMENT
                                   UNDER
                        THE SECURITIES ACT OF 1933

                            ------------------

                        ACCLAIM ENTERTAINMENT, INC.
          (Exact name of registrant as specified in its charter)

              Delaware                          38-2698904
     (State or other jurisdiction of          (I.R.S Employer
     incorporation or organization)        Identification Number)

                             One Acclaim Plaza
                        Glen Cove, New York  11542
                 (Address of principal executive offices)

                            ------------------

                        Acclaim Entertainment, Inc.
                          1988 Stock Option Plan
                         (Full title of the plan)

                            ------------------
                                                     
          Gregory E. Fischbach               Copy to:             
          Chief Executive Officer            Eric M. Lerner, Esq.
          One Acclaim Plaza                  Rosenman & Colin  
          Glen Cove, New York  11542         575 Madison Avenue       
          (516) 656-5000                     New York, New York 10022
          (Name, address and telephone       (212) 940-7157
          number of agent for service)

                            ------------------
CALCULATION OF REGISTRATION FEE
- --------------------------------------------------------------------------------------
Title of                          Proposed maximum   Proposed maximum     Amount of
securities to      Amount to be   offering price     aggregate offering   registration
be registered       registered    per share*         price*               fee
- --------------------------------------------------------------------------------------
Common Stock,
 par value $0.02
 per share.......   6,000,000        $16.75            $100,500,000        $34,656
- --------------------------------------------------------------------------------------
* Estimated solely for the purpose of calculating the registration fee;
computed, pursuant to Rule 457(c), upon the basis of the average of the high and
low prices of the Common Stock as quoted on The NASDAQ Stock Market's National
Market System on May 18, 1995.

                            ------------------
PART II

        INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3.  INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE

     Acclaim Entertainment, Inc. (the "Company") is subject to the
informational requirements of the Securities Exchange Act of 1934
(the "Exchange Act") and, in accordance therewith, files reports
and other information with the Securities and Exchange Commission
(the "Commission").  The following documents, or portions thereof,
filed by the Company with the Commission pursuant to the Exchange
Act are incorporated by reference in this Registration Statement:

          (a)  Annual Report on Form 10-K for the fiscal year ended
     August 31, 1994, filed on November 28, 1994 (File No. 0-
     16986);

          (b)  Quarterly Report on Form 10-Q for the fiscal quarter
     ended November 30, 1994, filed on January 13, 1995 (File No.
     0-16986);

          (c)  Quarterly Report on Form 10-Q for the fiscal quarter
     ended February 28, 1995, filed on April 10, 1995
     (File No. 0-16986);

          (d)  Current Report on Form 8-K, filed on March 31, 1995
     (File No. 0-16986); and 

          (e)  The information in respect of the Company's common
     stock under the caption "Description of Registrant's
     Securities to be Registered" contained in the Registration
     Statement on Form 8-A filed on June 8, 1988, as amended by the
     Current Report on Form 8-K, dated August 24, 1989, relating to
     the one-for-two stock split effected by the Company
     (File No. 0-16986).

     All documents subsequently filed by the Company pursuant to
Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to
the filing of a post-effective amendment hereto indicating that all
securities offered have been sold or which deregisters all
securities then remaining unsold, shall be deemed to be
incorporated by reference in this Registration Statement and to be
a part of this Registration Statement from the respective dates of
filings of such documents.

ITEM 6.  INDEMNIFICATION OF DIRECTORS AND OFFICERS

     The Certificate of Incorporation of the Company provides that
any person may be indemnified against all expenses and liabilities
to the fullest extent permitted by the General Corporation Law of
the State of Delaware.
Section 145 of the General Corporation Law of Delaware, the
law of the state in which the Company is incorporated, empowers a
corporation within certain limitations to indemnify any person
against expenses, including attorneys' fees, judgments, fines and
amounts paid in settlement actually and reasonably incurred by him
in connection with any suit or proceeding to which he is a party by
reason of the fact that he is or was a director, officer, employee
or agent of the corporation or is or was serving at the request of
the corporation as a director, officer, employee or agent of
another corporation, partnership, joint venture, trust or other
enterprise, as long as he acted in good faith and in a manner which
he reasonably believed to be in, or not opposed to, the best
interests of the corporation.  With respect to any criminal
proceeding, he must have had no reasonable cause to believe his
conduct was unlawful.

     The Company has in effect directors' and officers' liability
insurance.

ITEM 8.  EXHIBITS

   Exhibit No. Description
   ----------- -----------
     *4(a)   - Acclaim Entertainment, Inc. 1988 Stock Option Plan,
               as amended and restated.

      4(b)   - Certificate of Incorporation (incorporated by
               reference to Exhibit 3.1 to the Company's
               Registration Statement on Form S-1, Registration
               No. 33-28274, filed on April 21, 1989, as amended).

      4(c)   - Amendment to Certificate of Incorporation
               (incorporated by reference to Exhibit 3.2 to the
               Company's Registration Statement on Form S-1,
               Registration No. 33-28274, filed on April 21, 1989,
               as amended).

     *4(d)   - Amendment to Certificate of Incorporation.

     *4(e)   - Amended and Restated By-Laws of the Company.

      4(f)   - Specimen of common stock certificate of the Company
               (incorporated by reference to Exhibit 4.1 to the
               Company's Annual Report on Form 10-K for the year
               ended August 31, 1991, filed on November 8, 1989,
               as amended (File No. 0-16986)).

     *5      - Opinion of Rosenman & Colin.

      23(a)  - Consent of Grant Thornton LLP (included on page II-7).

                                     II-2
23(b)  - Consent of Rosenman & Colin (included in Exhibit
               5).

      24     - Power of Attorney (included on page II-6)

- ---------------------------
*  Filed herewith

                                     II-3
ITEM 9.  UNDERTAKINGS

     The undersigned Registrant hereby undertakes:  (a)  to file,
during any period in which offers or sales are being made, a post-
effective amendment to this Registration Statement to include any
material information with respect to the plan of distribution of
the securities being registered hereby not previously disclosed in
this Registration Statement or any material change to such
information in this Registration Statement; (b)  that, for the
purpose of determining any liability under the Securities Act of
1933 (the "Securities Act"), each such post-effective amendment
shall be deemed to be a new registration statement relating to the
securities offered herein, and the offering of such securities at
that time shall be deemed to be the initial bona fide offering
thereof; and (c)  to remove from registration by means of a post-
effective amendment any of the securities being registered which
remain unsold at the termination of the offering.

     The undersigned Registrant hereby undertakes that, for
purposes of determining any liability under the Securities Act,
each filing of the Registrant's annual report pursuant to Section
13(a) or 15(d) of the Securities Exchange Act of 1934 that is
incorporated by reference in this Registration Statement shall be
deemed to be a new registration statement relating to the
securities offered herein, and the offering of such securities at
that time shall be deemed to be the initial bona fide offering
thereof.

     Insofar as indemnification for liabilities arising under the
Securities Act may be permitted to directors, officers and
controlling persons of the Registrant pursuant to the foregoing
provisions, or otherwise, the Registrant has been advised that, in
the opinion of the Securities and Exchange Commission, such
indemnification is against public policy as expressed in the Act
and is, therefore, unenforceable.  In the event that a claim for
indemnification against such liabilities (other than the payment by
the Registrant of expenses incurred or paid by a director, officer
or controlling person of the Registrant in the successful defense
of any action, suit or proceeding) is asserted by such director,
officer or controlling person in connection with the securities
being registered, the Registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in

the Securities Act and will be governed by the final adjudication
of such issue.

                                     II-4
SIGNATURES

     Pursuant to the requirements of the Securities Act of 1933,
the Registrant certifies that it has reasonable grounds to believe
that it meets all of the requirements for filing on Form S-8 and
has duly caused this Registration Statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City
of Glen Cove, State of New York, on this 17th day of May, 1995.

                                   ACCLAIM ENTERTAINMENT, INC.
                                         (Registrant)

                                   By    Gregory E. Fischbach
                                     ----------------------------
                                         Gregory E. Fischbach
                                     Co-Chairman of the Board and
                                        Chief Executive Officer

                                     II-5
POWER OF ATTORNEY

     KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below constitutes and appoints Gregory E. Fischbach and James Scoroposki, and
each or either of them, his true and lawful attorney-in-fact and agent, each
acting alone, with full power of substitution and resubstitution, for him and
in his name, place, and stead, in any and all capacities, to sign any or all
amendments (including post-effective amendments) to this Registration
Statement, and to file the same, with all the exhibits thereto, and other
documents in connection therewith, with the Securities and Exchange
Commission, granting unto said attorneys-in-fact and agents, each acting
alone, full power and authority to do and perform each and every act and
thing requisite or necessary to be done in and about the premises as fully,
to all intents and purposes, as he might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents, each
acting alone, or his substitute or substitutes, may lawfully do or cause to
be done by virtue hereof.

     Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.

     Signature                     Title                           Date
     ---------                     -----                           ----
  Gregory E. Fischbach        Co-Chairman; Chief Executive     May 17, 1995
- ------------------------       Officer; Director
  Gregory E. Fischbach

  James Scoroposki            Co-Chairman; Senior Executive    May 17, 1995
- ------------------------       Vice President; Treasurer;
  James Scoroposki             Secretary; Director

  Robert Holmes               President; Chief Operating       May 17, 1995
- ------------------------       Officer; General Manager;
  Robert Holmes                Director

  Bernard J. Fischbach        Director                         May 17, 1995
- ------------------------
  Bernard J. Fischbach

  Michael Tannen              Director                         May 17, 1995
- ------------------------
  Michael Tannen

  Robert H. Groman            Director                         May 17, 1995
- ------------------------
  Robert H. Groman

  James Scibelli              Director                         May 17, 1995
- ------------------------
  James Scibelli

  Bruce Ravenel               Director                         May 17, 1995
- ------------------------
  Bruce Ravenel

  Anthony R. Williams         Executive Vice President;        May 17, 1995
- ------------------------       Chief Financial and
  Anthony R. Williams          Accounting Officer

                                     II-6
CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS

To the Board of Directors of
  Acclaim Entertainment, Inc.

          We have issued our report dated October 20, 1994
accompanying the consolidated financial statements and schedules of
Acclaim Entertainment, Inc. and subsidiaries included in the Annual
Report on Form 10-K for the year ended August 31, 1994, which is
incorporated by reference in this Registration Statement on Form 
S-8.  We consent to the incorporation by reference in the
Registration Statement of the aforementioned report.

GRANT THORNTON LLP

New York, New York
May 18, 1995

                                     II-7
EXHIBIT INDEX

Document                                              Page Number
- --------                                              -----------
4(a)   -  Acclaim Entertainment, Inc. 1988
          Stock Option Plan, as amended
          and restated.

4(b)   -  Certificate of Incorporation
          (incorporated by reference to
          Exhibit 3.1 to the Company's
          Registration Statement on Form S-1,
          Registration No. 33-28274, filed on
          April 21, 1989, as amended).

4(c)   -  Amendment to Certificate of
          Incorporation (incorporated by
          reference to Exhibit 3.2 to the
          Company's Registration Statement on
          Form S-1, Registration No. 33-28274,
          filed on April 21, 1989, as amended).

4(d)   -  Amendment to Certificate of Incorporation.

4(e)   -  Amended and Restated By-Laws of the
          Company.

4(f)   -  Specimen of common stock certificate of
          the Company (incorporated by reference to
          Exhibit 4.1 to the Company's Annual Report
          on Form 10-K for the year ended August 31,
          1991, filed on November 8, 1989, as amended
          (File No. 0-16986)).

5      -  Opinion of Rosenman & Colin.

23(a)  -  Consent of Grant Thornton LLP (included
          on page II-7).

23(b)  -  Consent of Rosenman & Colin (included in
          Exhibit 5).

24     -  Power of Attorney (included on page II-6)