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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
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SEC FILE NUMBER
0-8698
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NOTIFICATION OF LATE FILING
(Check One): |_| Form 10-K |_| Form 20-F |_| Form 11-K |X| Form 10-Q
|_| Form N-SAR
For Period Ended: December 31, 1997
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[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
_______________________________________________________________________________
PART I - REGISTRANT INFORMATION
Concorde Gaming Corporation
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Full Name of Registrant
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Former Name if Applicable
3290 Lien Street
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Address of Principal Executive Office (Street and Number)
Rapid City, South Dakota 57702
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City, State and Zip Code
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PART II- RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following
should be completed. (Check box if appropriate)
(a) The reasons described in reasonable detail in Part III of
this form could not be eliminated without unreasonable
effort or expense;
(b) The subject annual report, semi-annual report, transition
report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or
portion thereof, will be filed on or before the fifteenth
calendar day following the prescribed due date; or the
|X| subject quarterly report of transition report on Form 10-Q,
or portion thereof will be filed on or before the fifth
calendar day following the prescribed due date; and
(c) The accountant's statement or other exhibit required by
Rule 12b-25(c) has been attached if applicable.
PART III -NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
Please See Attached.
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PART IV - OTHER INFORMATION
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<S> <C> <C> <C>
(1) Name and telephone number of person to contact in regard to this notification
David L. Crabb (605) 341-7738
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of
1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such
shorter period that the registrant was required to file such report(s) been filed? If answer is no,
identify report(s). | | Yes |X| No
Annual Report on Form 10-KSB for the year ended September 30, 1997.
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(3) Is it anticipated that any significant change in results of operations from the corresponding period
for the last fiscal year will be reflected by the earnings statements to be included in the subject
report or portion thereof? |X| Yes | | No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state
the reasons why a reasonable estimate of the results cannot be made.
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Concorde Gaming Corporation
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date February 17, 1998 /s/ David L. Crabb
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David L. Crabb, Chief Financial Officer
INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The
name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf
of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
ATTENTION
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Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).
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PART III - NARRATIVE
Concorde Gaming Corporation (the "Company") has been involved in
negotiations to sell a significant asset which has delayed the filing of its
Annual Report for the year ended September 30, 1997. Therefore, additional time
is necessary to complete the Registrant's Quarterly Report on Form 10-QSB for
the three months ended December 31, 1997.
PART IV - OTHER INFORMATION
The Company expects significant changes in the results of operations
for the three months ended December 31, 1997 versus the three months ended
December 31, 1996. Anticipated condensed financial information for these
periods is as follows:
<TABLE>
<CAPTION>
Three Months Three Months
Ended Ended
STATEMENT OF OPERATIONS 12/31/97 12/31/96
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<S> <C> <C>
Revenues 887,004 2,186,888
Costs and expenses including
Income taxes (1,445,320) (2,327,102)
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Net loss (558,316) (140,214)
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Loss per share, basic and diluted $ (0.02) $ (0.01)
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