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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under
THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 5)
TRANS WORLD GAMING CORP.
(Name of Issuer)
One Penn Plaza, Suite 1503
New York, New York 10119-0002
Common Stock
(Title of Class of Securities)
893375105
(CUSIP number)*
Copy to:
Christopher P. Baker Christopher G. Karras
120 Boylston St. Dechert Price & Rhoads
Boston, Massachusetts 02116 4000 Bell Atlantic Tower
(617) 423-1080 1717 Arch Street
Philadelphia, Pennsylvania 19103-2793
(Name, address and telephone number of
Person Authorized to Receive Notices
and Communications)
May 5, 1999
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
This information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
<PAGE>
CUSIP NO. 893375105
- --------------------------------------------------------------------------------
1) Name of Reporting Person Christopher P. Baker
SS. Or I.R.S. Identification
No. of Above Person ###-##-####
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2) Check the Appropriate Box (a)
if a Member of a Group (b)
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3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds 00
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5) Check Box if Disclosure of
Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e)
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6) Citizenship or Place of Organization U.S.A.
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Number of Shares 7) Sole Voting
Beneficially Owned By Each Power 3,156,037
Reporting Person With 8) Shared Voting
Power 0
9) Sole Dispositive
Power 3,156,037
10) Shared Dispositive
Power 0
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially
Owned by Each Reporting Person 3,156,037
- --------------------------------------------------------------------------------
12) Check Box if the Aggregate Amount
in Row (11) Excludes Certain Shares *
- --------------------------------------------------------------------------------
13) Percent of Class Represented
by Amount in Row (11) 54.72%
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14) Type of Reporting Person IN
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- ----------
* Excludes 5,000 shares of Common Stock and a Warrant for 54,728 shares of
Common Stock owned by Mr. Baker's spouse. Mr. Baker disclaims beneficial
ownership of such securities.
Page 2 of 14
<PAGE>
CUSIP NO. 893375105
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1) Name of Reporting Person CP Baker LLC
SS. Or I.R.S. Identification
No. of Above Person 04-3323325
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2) Check the Appropriate Box (a)
if a Member of a Group (b)
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3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds 00
- --------------------------------------------------------------------------------
5) Check Box if Disclosure of
Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization Delaware
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Number of Shares 7) Sole Voting
Beneficially Owned By Each Power 1,135,667
Reporting Person With 8) Shared Voting
Power 0
9) Sole Dispositive
Power 1,135,667
10) Shared Dispositive
Power 0
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially
Owned by Each Reporting Person 1,135,667
- --------------------------------------------------------------------------------
12) Check Box if the Aggregate Amount
in Row (11) Excludes Certain Shares
- --------------------------------------------------------------------------------
13) Percent of Class Represented
by Amount in Row (11) 29.04%
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14) Type of Reporting Person CO
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Page 3 of 14
<PAGE>
CUSIP NO. 893375105
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1) Name of Reporting Person Anasazi Partners,
Limited Partnership
SS. Or I.R.S. Identification
No. of Above Person 04-3326588
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2) Check the Appropriate Box (a)
if a Member of a Group (b)
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3) SEC Use Only
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4) Source of Funds WC
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5) Check Box if Disclosure of
Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization Massachusetts
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Number of Shares 7) Sole Voting
Beneficially Owned By Each Power 1,135,667
Reporting Person With 8) Shared Voting
Power 0
9) Sole Dispositive
Power 1,135,667
10) Shared Dispositive
Power 0
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially
Owned by Each Reporting Person 1,135,667
- --------------------------------------------------------------------------------
12) Check Box if the Aggregate Amount
in Row (11) Excludes Certain Shares
- --------------------------------------------------------------------------------
13) Percent of Class Represented
by Amount in Row (11) 29.04%
- --------------------------------------------------------------------------------
14) Type of Reporting Person PN
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Page 4 of 14
<PAGE>
This Amendment No. 5 to Schedule 13D amends and supplements the Schedule
13D filed with the Securities and Exchange Commission on April 3, 1998, as
amended by Amendment No. 1 thereto filed with the Securities and Exchange
Commission on April 3, 1998, Amendment No. 2 thereto filed with the Securities
and Exchange Commission on April 10, 1998, Amendment No. 3 thereto filed with
the Securities and Exchange Commission on December 14, 1998 and Amendment No. 4
thereto filed with the Securities and Exchange Commission on January 12, 1999 on
behalf of Christopher P. Baker, C.P. Baker & Company, Ltd., CP Baker LLC,
Anasazi Partners, Limited Partnership, and C.P. Baker Venture Fund I, Limited
Partnership. Capitalized terms used herein without definition shall have the
respective meanings ascribed thereto in such Schedule 13D.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
In Amendment No. 4 to Schedule 13D filed on January 12, 1999, it was
mistakenly reported that on December 10, 1998, Anasazi Partners used its working
capital to make an open market purchase of 25,000 shares of Common Stock at
$0.25 per share. 50,000 shares of Common Stock were purchased at such price on
December 7, 1998.
On May 5, 1999, Anasazi Partners used its working capital to make an open
market purchase of 25,000 shares of common stock at $0.28 per share.
On May 7, 1999, Anasazi Partners used its working capital to make an open
market purchase of 5,000 shares of Common Stock at $0.28 per share.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a-b) Mr. Baker may be deemed to be the beneficial owner with sole power to
vote and dispose of a total of 3,156,037 shares of Common Stock (or 54.72% of
the outstanding Common Stock as calculated in accordance with Rule 13d-3(d)),
which includes the following: 153,500 shares of Common Stock of which Mr. Baker
is the record holder; 1,227,642 shares of Common Stock that may be acquired upon
the exercise of the Amended Warrants and the New Warrants owned by Mr. Baker;
10,000 shares of Common Stock of which Baker Ltd. is the record holder; 410,366
shares of Common Stock that may be acquired upon exercise of the Amended
Warrants owned by Baker Ltd.; 218,862 shares of Common Stock that may be
acquired upon exercise of the Amended Warrants owned by Venture Fund; 200,000
shares of Common Stock that may be acquired upon exercise of the New Warrants
owned by Anasazi Partners; 666,667 shares of Common Stock that may be acquired
upon exercise of the Consent Warrants owned by Anasazi Partners; and the 269,000
shares of Common Stock held of record by Anasazi Partners.
Anasazi Partners may be deemed to be the beneficial owner with sole power
to vote and dispose of 1,135,667 shares of Common Stock (or 29.04% of the
outstanding Common Stock as calculated in accordance with Rule 13d-3(d)). CP
Baker LLC, the general partner of Anasazi Partners, may be deemed to be the
beneficial owner with sole power to vote and dispose of the same securities. The
1,135,667 shares of Common Stock include 269,000 shares of Common Stock held of
record by Anasazi Partners; 200,000 shares of Common Stock that may be acquired
upon exercise of the New Warrants owned by Anasazi Partners; and 666,667 shares
of Common Stock that may be acquired upon exercise of the Consent Warrants owned
by Anasazi Partners.
Page 5 of 14
<PAGE>
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit 1 Agreement among Christopher P. Baker, C.P. Baker & Company,
Ltd., CP Baker LLC, C.P. Baker Venture Fund I, Limited
Partnership and Anasazi Partners, Limited Partnership
regarding the filing of Schedule 13D.
Page 6 of 14
<PAGE>
Signature
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After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: June 7, 1999 /s/ Christopher P. Baker
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CHRISTOPHER P. BAKER
Page 7 of 14
<PAGE>
Signature
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After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
C.P. BAKER & COMPANY, LTD.
Dated: June 7, 1999
By:/s/ Christopher P. Baker
---------------------------
Name: Christopher P. Baker
Title: President
Page 8 of 14
<PAGE>
Signature
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After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
CP BAKER LLC
Dated: June 7, 1999
By:/s/ Christopher P. Baker
---------------------------
Name: Christopher P. Baker
Title: President
Page 9 of 14
<PAGE>
Signature
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After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
ANASAZI PARTNERS, LIMITED PARTNERSHIP
By: CP BAKER LLC, its general partner
Dated: June 7, 1999 By:/s/Christopher P. Baker
---------------------------------
Name: Christopher P. Baker
Title: President
Page 10 of 14
<PAGE>
Signature
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After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
CP BAKER VENTURE FUND I
LIMITED PARTNERSHIP
By: C.P. BAKER & COMPANY, LTD.
Dated: June 7, 1999 By:/s/Christopher P. Baker
---------------------------------
Name: Christopher P. Baker
Title: President
Page 11 of 14
<PAGE>
EXHIBIT INDEX
Exhibit 1 Agreement among Christopher P. Baker, C.P. Baker & Company,
Ltd., CP Baker LLC, C.P. Baker Venture Fund I, Limited
Partnership and Anasazi Partners, Limited Partnership
regarding the filing of Schedule 13D.
Page 12 of 14
<PAGE>
Exhibit 1
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AGREEMENT
---------
The undersigned each agree to the filing of a single Schedule 13D with
respect to their respective ownership interests in Trans World Gaming Corp.
Dated: June 7, 1999 /s/ Christopher P. Baker
------------------------
CHRISTOPHER P. BAKER
C.P. BAKER & COMPANY, LTD.
Dated: June 7, 1999 By:/s/Christopher P. Baker
---------------------------------
Name: Christopher P. Baker
Title: President
CP BAKER LLC
Dated: June 7, 1999 By:/s/ Christopher P. Baker
---------------------------
Name: Christopher P. Baker
Title: President
ANASAZI PARTNERS, LIMITED PARTNERSHIP
By: CP BAKER LLC, its general partner
Dated: June 7, 1999 By:/s/Christopher P. Baker
---------------------------------
Name: Christopher P. Baker
Title: President
Page 13 of 14
<PAGE>
CP BAKER VENTURE FUND I
LIMITED PARTNERSHIP
By: C.P. BAKER & COMPANY, LTD.
Dated: June 7, 1999 By:/s/Christopher P. Baker
---------------------------------
Name: Christopher P. Baker
Title: President
Page 14 of 14
