WATERFORD GAMING FINANCE CORP
8-K, 1999-01-06
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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 29, 1998

                         WATERFORD GAMING FINANCE CORP.
                      -----------------------------------
           (Exact name of Registrant as specified in its charter)

                 Delaware        333-17795-01      06-1485836 
           ------------------  ---------------- ----------------
            (State or other   (Commission file  (I.R.S. employer
             jurisdiction of      number)        identification
             incorporation or                       number)
             organization)

               914 Hartford Turnpike
                   P.O. Box 715
                   Waterford, CT                       06385
      ---------------------------------------       -----------
      (Address of Principal Executive Offices)      (Zip Code)

Registrant's telephone number, including area code: (860)442-4559

Item 5.

     The Mohegan Tribal Gaming Authority (the "Authority") has filed its 1998 
annual report on Form 10-K for the fiscal year ended September 30, 1998, a 
copy of which has been filed as an exhibit to this report and is incorporated 
by reference to the Authority's electronic filing of such report on Form 10-K, 
Securities and Exchange Commission file reference no. 033-80655.

SIGNATURES

     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.

                                   WATERFORD GAMING FINANCE CORP.


Date: January 6, 1999              By:/s/Len Wolman
                                      Len Wolman, Chief Executive Officer


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