UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC File Number: 000-20685
CUSIP Number: 030405104
(Check One):
x Form 10-K | o Form 20-F | o Form 11-K | o Form 10-Q | o Form N-SAR | o Form N-CSR |
For Period Ended: | January 31, 2008 |
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[ ] Transition Report on Form 10-K | [ ] Transition Report on Form 10-Q |
[ ] Transition Report on Form 20-F | [ ] Transition Report on Form N-SAR |
[ ] Transition Report on Form 11-K |
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For the Transition Period Ended: |
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Nothing in this form shall be construed to imply that the Commission has verified any information contained herein. |
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: |
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PART I — REGISTRANT INFORMATION |
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American Wagering, Inc. |
Full Name of Registrant |
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675 Grier Drive |
Address of Principal Executive Office (Street and Number) |
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Las Vegas, Nevada 89119 |
City, State and Zip Code |
PART II — RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate).
x | (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; |
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x | (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F,11-K or Form N-SAR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and |
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o | (c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. |
PART III — NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 20-F, 11-K, 20-F, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof could not be filed within the prescribed time period.
The filing of American Wagering, Inc.’s (the “Company’s”) annual report on Form 10-K was delayed in order to permit the finalization of the Company’s financial statements. The Company expects to file the Form 10-K within 15 calendar days following the prescribed due date.
PART IV — OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification
Melody Sullivan |
| 702 |
| 735-0101 |
(Name) |
| (Area Code) |
| (Telephone Number) |
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). x Yes o No
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? x Yes o No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
The Company expects to report a net loss compared to net income of $1,830,700 in fiscal 2007 due to the same factors that have been previously reported in prior quarterly filings, such as the lack of systems and equipment sales in fiscal 2008 compared to fiscal 2007 due to the cyclical nature of these types of sales and increased costs related to opening new locations and increased public company expenses.
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American Wagering, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 30, 2008 | By: | /s/ Melody Sullivan |
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| Melody Sullivan, Chief Financial Officer |
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