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UNITED STATES
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): August 25, 1998
Concorde Gaming Corporation
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(Exact name of registrant as specified in its charter)
Colorado 0-8698 84-0716683
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(State or Other Jurisdiction of (Commission (IRS Employer
Incorporation) File Number) Identification No.)
3290 Lien Street
Rapid City, South Dakota 57702
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (605) 341-7738
Not Applicable
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(Former Name or Former Address,
if Changed since last report)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
(a) Effective August 25, 1998, the Company dismissed KPMG Peat Marwick LLP
("KPMG") as its independent accountant. During the past two fiscal years,
KPMG's report on the Company's financial statements contained no adverse
opinion or disclaimer of opinion, and was not qualified or modified as to
uncertainty, audit scope, or accounting principles. The Company's decision
was approved by the board of directors on August 25, 1998. During the past
two fiscal years and for each subsequent interim period and through August
25, 1998, the Company experienced no disagreement with KPMG on any matter
of accounting principles or practices, financial statement disclosure, or
auditing scope or procedure, which disagreements if not resolved to the
satisfaction of KPMG, would have caused it to make reference to the subject
matter of such disagreement in connection with its report.
(b) Effective August 25, 1998, the Company engaged McGladrey & Pullen LLP as
the Company's independent accountant. During the last two fiscal years and
each subsequent interim period, the Company did not consult with McGladrey
& Pullen LLP on any matter.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
16. Letter on Change in Certifying Accountant.
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Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
CONCORDE GAMING CORPORATION
Date: August 27, 1998 By: /s/ David L. Crabb
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David L. Crabb, Chief Financial Officer
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EXHIBIT INDEX
EXHIBIT
NO. DESCRIPTION
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16 Letter on Change in Certifying Accountant.
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EXHIBIT 16
Securities and Exchange Commission
Washington, D.C. 20549
August 31, 1998
Ladies and Gentlemen:
We were previously principal accountants for Concorde Gaming, Inc.(Concorde
Gaming) and, under the date of November 21, 1997, except as to Note 16 which is
as of March 25, 1998, we reported on the consolidated financial statements of
Concorde Gaming, Inc. and subsidiaries as of and for the years ended September
30, 1997 and 1996. On August 25, 1998, our appointment as principal accountants
was terminated. We have read Concorde Gaming's statements included under Item 4
of its Form 8-K dated August 25, 1998, and we agree with such statements, except
that we are not in a position to agree or disagree with Concorde Gaming's
statement that the change was approved by the board of directors and we are not
in a position to agree or disagree with the statement that during the past two
fiscal years and each subsequent interim period, the Company did not consult
with McGladrey & Pullen LLP on any matter.
Very truly yours,
/s/ KPMG Peat Marwick LLP