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

AZTAR CORPORATION
(Exact name of registrant as specified in its charter)

1-5440
(Commission File Number)

2390 East Camelback Road, Suite 400,
Phoenix, Arizona
(Address of principal executive offices)

85016
(Zip Code)

     Registrant's telephone number, including area code  (602) 381-4100

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))

Item 1.01.

Entry into a Material Definitive Agreement

(a)

At a meeting of the Compensation and Stock Option Committee (the "Committee") of the Board of Directors of Aztar Corporation (the "Company"), held on May 11, 2005, the Committee took the following actions with regard to the executive officers of the Company listed below.

Salaries

Annual salaries, effective February 25, 2005, their annual review date, were set as follows:

Nelson W. Armstrong, Jr.
Joe C. Cole
Meridith P. Sipek

$265,000
$155,000
$230,000

Bonus

Each of these executive officers will be eligible for a bonus that will be based on performance of duties, the Company's financial performance, and the contribution made by the officer in positioning the Company to meet its five-year plan.

Stock Options

On May 11, 2005, these executive officers were granted nonqualified stock options as listed below. The options give the executive officers the right to purchase the respective amount of shares of the Company's common stock at a price of $30.90 per share (the fair market value on the date of grant). The options vest in three equal (or as close to equal as possible) annual installments beginning May 11, 2006. The options expire on May 11, 2015.

Nelson W. Armstrong, Jr.
Joe C. Cole
Meridith P. Sipek

 20,000
  9,000
 20,000

(b)

In addition, the Committee set the fees for the Outside Directors effective May 11, 2005:

Annual Fee

$ 50,000

Meeting fees for meetings attended:

Board of Directors
Committees (non-chair)
Committee Chairpersons

$  1,500
$  1,000
$  1,750

Additional Annual Fee:

Chairman of the Audit Committee
Lead Director

$ 20,000
$ 10,000

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

AZTAR CORPORATION

By: 

N.W. ARMSTRONG, JR.
Nelson W. Armstrong, Jr.
Vice President, Administration
and Secretary

Date:  May 13, 2005