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 (Date of earliest event reported) October 31, 1997 (April 21,
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1997)
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AMERICAN BINGO & GAMING CORP.
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(Exact name of small business issuer as specified in its charter)
DELAWARE 1-13530 74-2723809
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(State or other jurisdiction of Commission (I.R.S. Employer
incorporation or organization) File Number Identification No.)
515 CONGRESS AVENUE, SUITE 1200, AUSTIN, TEXAS 78701
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(Address of principal executive offices)
Registrant's telephone number, including area code (512) 472-2041
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Item 4. Change in Registrant's Certifying Accountant
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On or about April 21, 1997, the Registrant dismissed its former
independent accountants Weinick Sanders & Co. LLP ("WSC") and engaged King,
Griffin & Adamson, P.C. to audit the Registrant's consolidated financial
statements. The decision to change independent accountants was recommended
and approved by the Registrant's Board of Directors.
WSC served as independent auditors of the Registrant's financial
statements for the years ended December 31, 1996 and 1995. The reports of WSC
on the Registrant's financial statements for the years ended December 31, 1996
and 1995 contained no adverse opinion or disclaimer of opinion and were not
qualified or modified as to uncertainty, audit scope or accounting principle.
In connection with its audits for the years ended December 31, 1996 and 1995,
and during the fiscal year 1997 prior to WSC's dismissal, the Registrant had
no disagreements with WSC on matters of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure, which
disagreements if not resolved to the satisfaction of WSC would have caused
them to make reference thereto in their report on the financial statements for
such years.
The Registrant has requested that WSC furnish it with a letter addressed
to the SEC stating whether or not it agrees with the above statement. A copy
of such letter, dated October 30, 1997, is filed as Exhibit "16" to this Form
8-K.
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Signatures
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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 hereunto duly authorized.
AMERICAN BINGO & GAMING CORP.
(Registrant)
October 31, 1997 By: /s/ John T. Orton
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John T. Orton, CFO
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EXHIBIT 16
"LETTER OF FORMER ACCOUNTANTS"
[WEINICK SANDERS LEVENTHAL & CO., LLP LETTERHEAD]
October 30, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: American Bingo & Gaming Corp. - Change in Accountants
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Ladies and Gentlemen:
We have reviewed the Form 8-K of American Bingo & Gaming Corp. and the
disclosures contained in the Company's Form 10-QSB for the fiscal quarter
ending March 31, 1997 relating to the Company's change in accountants. This
letter is to confirm that we agree with the statements contained therein as to
the termination of the client-auditor relationship between American Bingo &
Gaming Corp. and Weinick Sanders Leventhal & Co., LLP (formerly Weinick,
Sanders & Co., LLP).
Sincerely,
Weinick Sanders Leventhal & Co., LLP
