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UNITED STATES
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: August 22, 1996
GAMING WORLD INTERNATIONAL, LTD.
(Exact name of registrant as specified in its charter)
Delaware 0-24074 51-0336065
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
438 Line Avenue, Ellwood City, Pennsylvania 16117
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number Including Area Code: (412) 758-2461
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
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TABLE OF CONTENTS
FORM 8-K
August 22, 1996
Item Page
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Item 5. Other Events 3
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Item 7. Exhibits 3
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Signature 4
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Item 5. Other Events
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Gaming World International, Ltd. (the "Company") has a management agreement
(the "Shooting Star Contract") with the White Earth Band of Chippewa Indians
(the "Band") which governs operations at the Shooting Star Casino in Mahnomen,
Minnesota. On August 12, 1996, the Band, through those purporting to act on
behalf of the White Earth Reservation Business Committee also known as the
White Earth Tribal Council, terminated the Shooting Star Contract by denying
the Company access to the casino and withholding revenue.
Since the Company views this as an improper unilateral termination of the
Shooting Star Contract, it has served on the Band, in accordance with the terms
of the Shooting Star Contract, a Notice of Breach. Shortly thereafter, the
Company expects to file a Demand For Arbitration seeking economic damages in
accordance with the buy-out provisions in the Shooting Star Contract. The
Company is unable to predict the outcome of any arbitration proceedings or the
effect on the trading price of its securities.
Item 7. Exhibits
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(a) None.
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
GAMING WORLD INTERNATIONAL, LTD.
By: /s/ ANTHONY J. MEDURE
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Anthony J. Medure
Vice President and
Secretary
Date: August 22, 1996
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