================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
---------------
SCHEDULE 13D
Under
THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
---------------
TRANS WORLD GAMING CORP.
(Name of Issuer)
One Penn Plaza, Suite 1503
New York, New York 10119-0002
Common Stock
(Title of Class of Securities)
893375105
(CUSIP number)*
Copy to:
Christopher P. Baker Christopher G. Karras
120 Boylston St. Dechert Price & Rhoads
Boston, Massachusetts 02116 4000 Bell Atlantic Tower
(617) 423-1080 1717 Arch Street
Philadelphia, Pennsylvania 19103-2793
(Name, address and telephone
number of Person Authorized
to Receive Notices and
Communications)
December 30, 1998
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box
-----
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
This information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
<PAGE>
CUSIP NO. 853375105
- --------------------------------------------------------------------------------
1) Name of Reporting Person Christopher P. Baker
SS. Or I.R.S. Identification
No. of Above Person ###-##-####
- --------------------------------------------------------------------------------
2) Check the Appropriate Box (a) ----
if a Member of a Group (b) ----
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds 00
- --------------------------------------------------------------------------------
5) Check Box if Disclosure of
Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) -----
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization U.S.A.
- --------------------------------------------------------------------------------
Number of Shares 7) Sole Voting
Beneficially Owned By Each Power 3,101,037
Reporting Person With ------------------------------
8) Shared Voting
Power 0
------------------------------
9) Sole Dispositive
Power 3,101,037
------------------------------
10) Shared Dispositive
Power 0
------------------------------
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially
Owned by Each Reporting Person 3,101,037
- --------------------------------------------------------------------------------
12) Check Box if the Aggregate Amount
in Row (11) Excludes Certain Shares X*
---
- --------------------------------------------------------------------------------
13) Percent of Class Represented
by Amount in Row (11) 53.8%
- --------------------------------------------------------------------------------
14) Type of Reporting Person IN
- --------------------------------------------------------------------------------
- --------------------
* Excludes 5,000 shares of Common Stock and a Warrant for 54,728 shares of
Common Stock owned by Mr. Baker's spouse. Mr. Baker disclaims beneficial
ownership of such securities.
2 of 13
<PAGE>
CUSIP NO. 853375105
- --------------------------------------------------------------------------------
1) Name of Reporting Person CP Baker LLC
SS. Or I.R.S. Identification 04-3323325
No. of Above Person
- --------------------------------------------------------------------------------
2) Check the Appropriate Box (a) -----
if a Member of a Group (b) -----
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds 00
- --------------------------------------------------------------------------------
5) Check Box if Disclosure of
Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) -----
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
Number of Shares 7) Sole Voting
Beneficially Owned By Each Power 1,080,667
Reporting Person With ------------------------------
8) Shared Voting
Power 0
------------------------------
9) Sole Dispositive
Power 1,080,667
------------------------------
10) Shared Dispositive
Power 0
------------------------------
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially
Owned by Each Reporting Person 1,080,667
- --------------------------------------------------------------------------------
12) Check Box if the Aggregate Amount
in Row (11) Excludes Certain Shares -----
- --------------------------------------------------------------------------------
13) Percent of Class Represented
by Amount in Row (11) 27.6%
- --------------------------------------------------------------------------------
14) Type of Reporting Person CO
- --------------------------------------------------------------------------------
3 of 13
<PAGE>
CUSIP NO. 853375105
- --------------------------------------------------------------------------------
1) Name of Reporting Person Anasazi Partners, Limited
Partnership
SS. Or I.R.S. Identification
No. of Above Person 04-3326588
- --------------------------------------------------------------------------------
2) Check the Appropriate Box (a) -----
if a Member of a Group (b) -----
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds WC
- --------------------------------------------------------------------------------
5) Check Box if Disclosure of
Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) -----
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization Massachusetts
- --------------------------------------------------------------------------------
Number of Shares 7) Sole Voting
Beneficially Owned By Each Power 1,080,667
Reporting Person With ------------------------------
8) Shared Voting
Power 0
------------------------------
9) Sole Dispositive
Power 1,080,667
------------------------------
10) Shared Dispositive
Power 0
------------------------------
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially
Owned by Each Reporting Person 1,080,667
- --------------------------------------------------------------------------------
12) Check Box if the Aggregate Amount
in Row (11) Excludes Certain Shares -----
- --------------------------------------------------------------------------------
13) Percent of Class Represented
by Amount in Row (11) 27.6%
- --------------------------------------------------------------------------------
14) Type of Reporting Person PN
- --------------------------------------------------------------------------------
4 of 13
<PAGE>
This Amendment No. 4 to Schedule 13D amends and supplements the
Schedule 13D filed with the Securities and Exchange Commission on April 3, 1998,
as amended by Amendment No. 1 thereto filed with the Securities and Exchange
Commission on April 3, 1998, Amendment No. 2 thereto filed with the Securities
and Exchange Commission on April 10, 1998, and Amendment No. 3 thereto filed
with the Securities and Exchange Commission on December 14, 1998 on behalf of
Christopher P. Baker, C.P. Baker & Company, Ltd., CP Baker LLC, Anasazi
Partners, Limited Partnership, and C.P. Baker Venture Fund I, Limited
Partnership. Capitalized terms used herein without definition shall have the
respective meanings ascribed thereto in such Schedule 13D.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
On December 30, 1998, Anasazi Partners used its working capital to
make an open market purchase of 50,000 shares of Common Stock at $0.25 per
share.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a-b) Mr. Baker may be deemed to be the beneficial owner with sole
power to vote and dispose of a total of 3,101,037 shares of Common Stock (or
53.8% of the outstanding Common Stock as calculated in accordance with Rule
13d-3(d)), which includes the following: 153,500 shares of Common Stock of which
Mr. Baker is the record holder; 1,227,642 shares of Common Stock that may be
acquired upon the exercise of the Amended Warrants and the New Warrants owned by
Mr. Baker; 10,000 shares of Common Stock of which Baker Ltd. is the record
holder; 410,366 shares of Common Stock that may be acquired upon exercise of the
Amended Warrants owned by Baker Ltd.; 218,862 shares of Common Stock that may be
acquired upon exercise of the Amended Warrants owned by Venture Fund; 200,000
shares of Common Stock that may be acquired upon exercise of the New Warrants
owned by Anasazi Partners; 666,667 shares of Common Stock that may be acquired
upon exercise of the Consent Warrants owned by Anasazi Partners; and the 214,000
shares of Common Stock held of record by Anasazi Partners.
Anasazi Partners may be deemed to be the beneficial owner with sole
power to vote and dispose of 1,080,667 shares of Common Stock (or 27.6% of the
outstanding Common Stock as calculated in accordance with Rule 13d-3(d)). CP
Baker LLC, the general partner of Anasazi Partners, may be deemed to be the
beneficial owner with sole power to vote and dispose of the same securities. The
1,080,667 shares of Common Stock include 214,000 shares of Common Stock held of
record by Anasazi Partners; 200,000 shares of Common Stock that may be acquired
upon exercise of the New Warrants owned by Anasazi Partners; and 666,667 shares
of Common Stock that may be acquired upon exercise of the Consent Warrants owned
by Anasazi Partners.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit 1 Agreement among Christopher P. Baker, C.P. Baker &
Company, Ltd., CP Baker LLC, C.P. Baker Venture Fund I,
Limited Partnership and Anasazi Partners, Limited
Partnership regarding the filing of Schedule 13D.
5 of 13
<PAGE>
Signature
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated January 11, 1999 /s/ Christopher P. Baker
-----------------------------
CHRISTOPHER P. BAKER
6 of 13
<PAGE>
Signature
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
C.P. BAKER & COMPANY, LTD.
Dated January 11, 1999 By: /s/ Christopher P. Baker
---------------------------------
Name: Christopher P. Baker
Title: President
7 of 13
<PAGE>
Signature
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
CP BAKER LLC
Dated January 11, 1999 By: /s/Christopher P. Baker
----------------------------------
Name: Christopher P. Baker
Title: President
8 of 13
<PAGE>
Signature
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
ANASAZI PARTNERS, LIMITED
PARTNERSHIP
By: CP BAKER LLC, its general partner
Dated January 11, 1999 By: /s/Christopher P. Baker
---------------------------------
Name: Christopher P. Baker
Title: President
9 of 13
<PAGE>
Signature
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
CP BAKER VENTURE FUND I
LIMITED PARTNERSHIP
By: C.P. BAKER & COMPANY, LTD., its
general partner
Dated January 11, 1999 By: /s/Christopher P. Baker
---------------------------------
Name: Christopher P. Baker
Title: President
10 of 13
<PAGE>
EXHIBIT INDEX
Exhibit 1 Agreement among Christopher P. Baker, C.P. Baker &
Company, Ltd., CP Baker LLC, C.P. Baker Venture
Fund I, Limited Partnership and Anasazi Partners,
Limited Partnership regarding the filing of
Schedule 13D.
11 of 13
<PAGE>
Exhibit 1
AGREEMENT
The undersigned each agree to the filing of a single Schedule 13D with
respect to their respective ownership interests in Trans World Gaming Corp.
Dated January 11, 1999 /s/Christopher P. Baker
----------------------------------------
CHRISTOPHER P. BAKER
C.P. BAKER & COMPANY, LTD.
Dated January 11, 1999 By: /s/Christopher P. Baker
------------------------------------
Name: Christopher P. Baker
Title: President
CP BAKER LLC
Dated January 11, 1999 By: /s/Christopher P. Baker
------------------------------------
Name: Christopher P. Baker
Title: President
ANASAZI PARTNERS, LIMITED
PARTNERSHIP
By: C.P. BAKER LLC, its general partner
Dated January 11, 1999 By: /s/Christopher P. Baker
--------------------------------
Name: Christopher P. Baker
Title: President
12 of 13
<PAGE>
C.P. BAKER VENTURE FUND I, LIMITED
PARTNERSHIP
By: C.P. BAKER & COMPANY, LTD., its
general partner
Dated January 11, 1999 By: /s/Christopher P. Baker
--------------------------------
Name: Christopher P. Baker
Title: President
13 of 13
<PAGE>
