IENTERTAINMENT NETWORK INC
8-K, 2000-12-22
PREPACKAGED SOFTWARE
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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:  December 22, 2000


                          iEntertainment Network, Inc.
               (Exact name of registrant as specified in charter)


                                 NORTH CAROLINA
                 (State of other jurisdiction of incorporation)




         0-29750                                          56-2092059
-------------------------                     ----------------------------------
(Commission File Number)                      (IRS Employer Identification No.)


215 Southport Drive, Suite 1000, Morrisville, NC                        27560
--------------------------------------------------------------------------------
(Address of principal executive offices)                              (Zip Code)


Registrant's telephone no. including area code:  (919) 461-0722


ITEM 5.  OTHER EVENTS

         On  December  15,  2000,  we issued a press  release  to  announce  the
restructuring of our business.


         The  statements  contained  in this  Form 8-K  contain  forward-looking
statements  concerning revenue growth and profitability.  The Private Securities
Litigation  Reform  Act of  1995  provides  a safe  harbor  for  forward-looking
statements. In order to comply with the terms of the safe harbor, we note that a

<PAGE>

variety of factors could cause the actual results to differ  materially from the
anticipated  results expressed in the our  forward-looking  statements.  Some of
these factors  include those described from time to time in our filings with the
Securities  and  Exchange  Commission,   under  "Risk  Factors"  and  elsewhere,
including  risks  relating to history of operating  losses,  change in business,
failing  to secure  timely or  adequate  financing,  delays in  development  and
introduction  of new  products,  dependence on new product  introductions  which
achieve   significant  market  acceptance  and  the  uncertainties  of  consumer
preferences,  the rate  and  degree  of  market  acceptance  of  online  gaming,
dependence on third party  software  developers for  significant  portion of new
products,  risks of rapid  technological  change and platform  changes,  intense
competition, dependence upon third party distribution and other risks. We hereby
disclaim any  obligation to update the  information  provided  above,  including
forward looking statements.




<PAGE>


ITEM 7.  EXHIBITS.

(c)      Press  Release issued on December 15, 2000 is filed herewith as Exhibit
99.1.




                                    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.


                                             iENTERTAINMENT NETWORK, INC.


Date: December 22, 2000                       /s/ Michael Pearce
                                             -----------------------------------
                                             Michael Pearce
                                             Chief Executive Officer


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