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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 (Date of earliest event reported): August 1, 2000
GLOBAL CASINOS, INC.
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(Exact name of registrant as specified in its charter)
Utah 0-15415 87-0340206
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(State or other jurisdiction (Commission file number) (IRS Employer of
incorporation or organization) Identification No.)
5373 North Union Boulevard, Suite 100, Colorado Springs, Colorado 80918
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (719) 590-4900
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(Former name or former address, if changed since last report)
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ITEM 5: OTHER EVENTS
Global Casinos, Inc. (the "Company") has closed the Tollgate Casino
located in Central City, Colorado and has discontinued operations at that
site. The reason for the closure was the casino's continuing operating
losses.
The Company had opened the Tollgate Casino in August, 1999 under a lease
and option arrangement. The operations were conducted by a wholly-owned
subsidiary, Global Central Corporation. The operations at the Tollgate Casino
were never significant when compared to the Company's other revenue-producing
activities.
Management of the Company is in continuing discussions with vendors and
other creditors of Global Central Corporation. Many of the assets used at the
Tollgate will be sent to the Bull Durham, the Company's other casino in
Central City, Colorado.
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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.
GLOBAL CASINOS, INC.
Date: August 14, 2000 By: /s/ Stephen G. Calandrella
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Stephen G. Calandrella, President
