The present status of gamma-ray burst research is reviewed, with an emphasis on recent observations of their temporal, spectral, and global distribution properties. The observed sky distribution of weak gamma-ray bursts constrain the allowable geometrical models to sources in either a giant spherical galactic halo or to sources at cosmological distances. Observations of time dilation consistent with the latter have been reported. Extensive searches for a counterpart to gamma-ray bursts in other wavelength regions have thus far proved negative. In spite of the abundance of new observations of gamma-ray bursts, their energy source and emission mechanism remain highly speculative. New, rapid counterpart search efforts and several new space-borne experiments may provide the needed observations to make progress in the field.