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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
Date of Report (Date of earliest event reported) December 31, 1998
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Casinovations Incorporated
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(Exact name of Registrant as specified in charter)
Washington
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(State or other jurisdiction of incorporation)
333-31373 91-1696010
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(Commission File Number) (IRS Employee
Identification No.)
6744 S. Spencer Street, Las Vegas, Nevada 89118
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (702) 733-7195
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5240 South Eastern Avenue, First Floor, Las Vegas, Nevada 89119
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
EXTENSION OF THE OFFERING
As provided for in Post-Effective Amendment No. 4 to Form SB-
2/A filed by Casinovations Incorporated (the "Company") with the
Securities and Exchange Commission on October 16, 1998, the
offering of 1,500,000 shares of the Company's common stock at
$2.50 per share of common stock (the "Offering") was to terminate
on or before December 31, 1998 subject to three thirty-day
extensions. The Company has elected to extend the Offering for
one thirty-day period to terminate on or before January 30, 1999.
The Company reserves the right to further extend the Offering.
ADOPTION OF STOCK OPTION PLAN
On January 5, 1999, the Board of Directors of the Company
adopted the Casinovations Incorporated 1999 Stock Option Plan
(the "Plan"). Under the Plan, the Company is authorized to issue
stock options for a total up to 500,000 shares of the Company's
common stock to selected officers, directors, employees
consultants, advisers, independent contractors and agents of the
Company. With respect to administration of the Plan, the Board
of Directors of the Company has established a committee
consisting of three outside directors, Bob Smith, David Sampson
and Ron Keil.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(A) Financial Statements of Business Acquired.
Not Applicable.
(b) Pro Forma Financial Information.
Not Applicable.
(c) Exhibits.
None.
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SIGNATURE
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.
CASINOVATIONS INCORPORATED
(Registrant)
Date: January 7, 1999 By:
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Jay L. King
Chief Financial Officer
