SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
Quarterly Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
For the Quarter ended October 31, 1996
Commission File No. 0-10315
ROYAL CASINO GROUP INC.
(Name of Registrant as specified in its charter)
Utah 95-4091368
(State or other jurisdiction of (IRS Employer
Incorporation or organization) Identification No.)
152 Sherman St.
Deadwood, SD 57732
(Address of principal executive offices)
(605) 578-1299
(605) 578-1298
(Registrant's telephone number)
(Registrant's fax number)
Securities registered pursuant to Section 12(g) of the Act:
Common Stock, $0.001 Par
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports) and (2) has been subject to such filing
requirements for the past 90 days.
[x] Yes [ ] No
Indicate by check mark whether the registrant has filed all
documents and reports required to be filed by Sections 12, 13 or
15(d) of the Securities Exchange Act of 1934 subsequent to the
distribution of securities under a plan confirmed by a court.
[x] Yes [ ] No
As of October 31, 1996 4,436,459 shares of registrant's no par
value common stock were outstanding.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed by
the undersigned thereunto duly authorized.
ROYAL CASINO GROUP INC.
(Registrant)
By: _ _/s/ Jon F. Elliott____________
Jon F. Elliott, President
and Chief Executive Officer
Date: December 15, 1996_____
By: _ _/s/ Larry C. Close
Larry C. Close
Director, Vice President
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contais interim summary financial information extracted from the
Consolidated Balance Sheets and Statement of Operations of Royal Casino Group
for the quarter ended October 31, 1996, which statements have been compiled by
management.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> JUL-31-1996
<PERIOD-START> AUG-01-1996
<PERIOD-END> OCT-31-1996
<CASH> 416,206
<SECURITIES> 38,700
<RECEIVABLES> 23,098
<ALLOWANCES> 0
<INVENTORY> 48,526
<CURRENT-ASSETS> 804,945
<PP&E> 2,593,882
<DEPRECIATION> 92,497
<TOTAL-ASSETS> 3,312,580
<CURRENT-LIABILITIES> 294,506
<BONDS> 0
0
2,440,000
<COMMON> 2,778,102
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 3,312,580
<SALES> 715,939
<TOTAL-REVENUES> 685,155
<CGS> 658,222
<TOTAL-COSTS> 1,014,728
<OTHER-EXPENSES> 18,158
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 1,565
<INCOME-PRETAX> (347,731)
<INCOME-TAX> 0
<INCOME-CONTINUING> (347,731)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (347,731)
<EPS-PRIMARY> (.078)
<EPS-DILUTED> (.078)
</TABLE>
