FORM 10-Q/A

                        SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON,  D.C. 20549

         [X]    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                      SECURITIES EXCHANGE ACT OF 1934.

         For the Quarterly Period Ended        March 31, 1995

                                        OR

         [ ]    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                      SECURITIES EXCHANGE ACT OF 1934

         For the transition period from              to

                            COMMISSION FILE NO. 0-7843

                              LEISURE CONCEPTS,  INC.
              (Exact name of registrant as specified in its Charter)

                                     NEW YORK
                             (State of Incorporation)

                                    13-2691380
                      (I.R.S. Employer Identification Number)

                  1414 Avenue of the Americas, New York, New York
                     (Address of Principal Executive Offices)

                                       10019
                                    (Zip Code)

                                  (212) 758-7666
               (Registrant's Telephone Number, Including Area Code)

                                  NOT APPLICABLE
(Former Name, Former Address and Former Fiscal Year if changed since last
report)


Indicate by a check mark whether the registrant: (1) has filed all annual,
quarterly and other reports required to be filed by Section 13 or 15(d) of
the Securities Exchange Act of 1934 during the preceding 12 months (or
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.


                        YES      X               NO _______


<PAGE>
                             LEISURE CONCEPTS, INC.
                                AND SUBSIDIARIES


                                      INDEX



                                                          PAGE NUMBER
Signature                                                      3
Exhibit Index                                                  4



                                                                2
<PAGE>
                                    SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Form 10Q/A to be signed on its behalf by
the undersigned, thereunto duly authorized.

Dated: July 6, 1995


LEISURE CONCEPTS, INC.



By:/s/ Joseph P. Garrity

   Joseph P. Garrity
   Executive Vice President
   Chief Financial Officer


                                          
                                                                3
<PAGE>

                                  EXHIBIT INDEX

Exhibit             Description              Page No.

27                  Financial Data              5
                     Schedule


                                                                 4



<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>

                           LEISURE CONCEPTS, INC.

                           Financial Data Schedule

THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE COMPANY'S
UNAUDITED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 1995 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                                         <C>
<PERIOD-TYPE>                                    3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1995
<CASH>                                      10,200,731
<SECURITIES>                                         0
<RECEIVABLES>                                3,639,676
<ALLOWANCES>                                   253,757
<INVENTORY>                                          0
<CURRENT-ASSETS>                            16,200,469
<PP&E>                                       1,331,520
<DEPRECIATION>                                 938,580
<TOTAL-ASSETS>                              21,130,515
<CURRENT-LIABILITIES>                        8,106,312
<BONDS>                                              0
<COMMON>                                        29,448
                                0
                                          0
<OTHER-SE>                                  12,061,439
<TOTAL-LIABILITY-AND-EQUITY>                12,090,887
<SALES>                                              0
<TOTAL-REVENUES>                               933,542
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              (851,871)
<INCOME-TAX>                                 (366,000)
<INCOME-CONTINUING>                          (485,871)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (485,871)
<EPS-PRIMARY>                                   (0.16)
<EPS-DILUTED>                                   (0.16)
        


</TABLE>



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