REYNOLDS DEBBIE HOTEL & CASINO INC
NTN 10Q, 1995-08-16
RACING, INCLUDING TRACK OPERATION
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                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                                  FORM 12b-25

                                                 Commission File Number 018864
                                                                        ------

                          NOTIFICATION OF LATE FILING

     (Check One):    [ ]Form 10-K    [ ]Form 11-K   [ ]Form 20-F   [X]Form 10-Q
[ ]Form N-SAR

For Period Ended:    6-30-95
                 --------------------------------------------------------------
[ ] Transition Report on Form 10-K          [ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F          [ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K

For the Transition Period Ended:
                                ----------------------------------------------

 READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM. PLEASE PRINT OR TYPE.

      Nothing in this  form shall be construed  to imply that  the  Commission
has verified any information contained herein.

      If the notification relates to  a portion of  the filing  checked above,
identify  Item(s)  to  which  the  notification relates:
                                                           -------------------

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                       PART I.  REGISTRANT INFORMATION

Full name of registrant    Debbie Reynolds Hotel & Casino, Inc.
                       -------------------------------------------------------

Former name if applicable
                          Halter Venture Corporation
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Address of principal executive office (STREET AND NUMBER)

 305 Convention Center Dr.
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City, State and Zip Code   Las Vegas, NV  89109
                        ------------------------------------------------------


                        PART II.  RULE 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 appropriate box.)

[X]  (a)  The reasons described in reasonable detail in Part III of  this  form
     could not  be eliminated  without unreasonable effort or expense;

                                      1.

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[X]   (b)  The  subject  annual  report, semi-annual  report, transition report
      on  Form 10-K, 20-F, 11-K  or  Form N-SAR,  or  portion  thereof  will be
      filed   on  or  before  the 15th  calendar day following  the  prescribed
      due  date;  or    the   subject  quarterly  report  or 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 Form 10-K, 11-K,  20-F,
10-Q, N-SAR  or  the  transition  report  portion thereof  could  not  be filed
within the prescribed time period.   (Attach extra sheets if needed.)

     As a result of  recent changes in  personnel and the installation of the
     registrant's new accounting computer system, the registrant is unable to
     file its Form 10-QSB on a timely  basis without  unreasonable effort and
     expense.

                           PART IV.  OTHER INFORMATION

     (1)  Name and  telephone  number  of person to  contact in regard to  this
notification.

     Dave Crabtree                                (702)  734-0711
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     (Name)                                       (Area Code) Telephone number)

      (2)  Have all  other  periodic  reports  required  under  Sections  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  the
answer is no, identify report(s).

                                                          [X] Yes    [ ] No

      (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:

      The registrant anticipates that it will report a significant loss for
the quarter ended June 30, 1995 but is unable to quantify the loss at this time.

--------------------------------------------------------------------------------
                  (Name of registrant as specified in charter)

Has  caused  this  notification  to be signed  on its behalf by the undersigned
thereto duly authorized.

Date  August 16, 1995                  By /s/ Todd Fisher
    -----------------------------      ----------------------------------------
                                       Name:   Todd Fisher
                                       Title:  Chief Executive Officer

                                      2.




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