TRANS WORLD GAMING CORP
8-K, 1998-09-03
AUTO DEALERS & GASOLINE STATIONS
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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



                          September 3, 1998
- ----------------------------------------------------------------------------  
                  (Date of earliest event reported)



                        Trans World Gaming Corp.
- ----------------------------------------------------------------------------
      (Exact name of registrant as specified in its charter)


          Nevada                     0-25244                13-3738518    
- ----------------------------------------------------------------------------   
(State or other jurisdiction  (Commission File Number)  (IRS Employer
 of incorporation)                                       Identification No.)


One Penn Plaza, Suite 1503 New York, New York                 10119-0002
- ----------------------------------------------------------------------------
  (Address of principal executive offices)                     (Zip Code)


                        (212) 563-3355 
- ----------------------------------------------------------------------------   
      (Registrant's telephone number, including area code)

 
                          Not Applicable
- ----------------------------------------------------------------------------   
(Former name, former address and former fiscal year, if changed since last
                              report)




                        Page 1 of 3 Pages
                 Exhibit Index appears on Page 2
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ITEM 5.  Other Events
         ------------

    On September 3, 1998, Andrew Tottenham, President of Trans World Gaming
Corp. ("TWG" or the "Company") received a letter of resignation dated August 1,
1998 from Richard R. Taft announcing that Mr. Taft had resigned from the
Company's Board of Directors effective August 1, 1998.  It is the Company's
belief that Mr. Taft's resignation was not tendered because of any disagreement
with the Company on any matter relating to the Company's operations, policies or
practices.

    
ITEM 7.  Exhibits
         --------


        Exhibit Number                           Description
        --------------                           -----------

        99                        Letter of Resignation of Richard R. Taft
                                  dated August 1, 1998.
       
                                 -2-
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                             SIGNATURES


    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 thereunto duly authorized.

                        TRANS WORLD GAMING CORP.



Date: September 3, 1998      By:  /s/ Dominick J. Valenzano                  
                                  -------------------------          
                                  Dominick J. Valenzano
                                  Chief Financial Officer

                                 -3- 
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                           EXHIBIT 99
                                
                    Letter of Resignation of
                         Richard R. Taft
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                        from the desk of
                        Richard R. Taft
                  -----------------------------


August 1, 1998

Andrew Tottenham,
  President and 
Board of Directors
Trans World Gaming Corp.
One Penn Plaza, Suite 1503
New York, New York 10119

               Re:  My resignation

Dear Andrew and the Board:

     Please be advised that I hereby tender my resignation to you as a member
of the Board of Directors of Trans World Gaming Corp.  My resignation is 
effective as of August 1, 1998.  I have enjoyed working with you and wish you
and the Company the best.


                              Sincerely yours,


                              /s/ Richard R. Taft                   
                              Richard R. Taft
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