UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
Bossung, William C.
9800 Camden Hills Avenue
Las Vegas, Nevada 89145
2. Date of Event Requiring Statement (Month/Day/Year)
10/04/2000
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Latin American Casinos, Inc. (LACI) (Nasdaq Small Cap Market)
5. Relationship of Reporting Person to Issuer (Check all applicable)
[X] Director [X] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
Table I Non-Derivative Securities Beneficially Owned
-----------------------------------------------------------------------------------------------------
1)Title of Security 2)Amount of 3) 4)Nature of
Securities D Indirect
Beneficially or Beneficial
Owned I Ownership
-----------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Common Stock 251,903 D Direct
Common Stock Purchase Warrants 125,000 D Direct
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FORM 3 (CONTINUED) ADDITIONAL REPORTING PERSONS
Table II Derivative Securities Beneficially Owned
------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative Security 2)Date Exercisable 3)Title and Amount of 4)Conver- 5)Ownership 6)Nature of
and Expiration Date Securities Underlying sion or Form of Indirect
(Month/Day/Year) Derivative Security exercise Derivative Beneficial
price of Security Ownership
Date Expira- Amount or Deri- Direct(D)
Exer- tion Number of vative or
cisable Date Title Shares Security Indirect(I)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Option (See explanation of
responses 10/30/00 10/30/00 Common Stock 162,500 $1.25 D
<FN>
Explanation of Responses:
The Reporting Person holds a contractual right to acquire an additional
162,500 shares of Common Stock of the Issuer.
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. /s/ WILLIAM C. BOSSUNG OCTOBER 23, 2000
--------------------------------- ----------------
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ** Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See Instruction 6 for procedure.
</FN>
</TABLE>
