SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 12b-25

                           Notification of Late Filing

                                              Commission File Number 0-9476


         (Check one):           [x]  Form 10-K and Form 10-KSB
                                 o   Form 20-F
                                 o   Form N-SAR
                                 o   Form 11-K
                                 o   Form 10-Q and Form 10-QSB

         For period ended June 30, 2001

         o  Transition Report on Form 10-K and 10-KSB
         o  Transition Report on Form 20-F
         o  Transition Report on Form 11-K
         o  Transition Report on Form 10-Q and Form 10-QSB
         o  Transition Report on Form N-SAR

         For the transition period ended

         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:

                                     PART I
                             REGISTRANT INFORMATION

         Full name of registrant:
                        Oasis Resorts International Inc.

         Former name if applicable:
                                      N/A

         Address of principal executive office (Street and Number):

                      3753 Howard Hughes Parkway, Suite 200

         City, State and Zip Code:
                             Las Vegas, Nevada 89103





                                     PART II

                             RULE 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 appropriate box.)

        [X}       (a)      The  reasons  described  in reasonable detail in Part
                           III  of  this  form  could  not be eliminated without
                           unreasonable effort or expense;

        |X|       (b)      The subject  annual report,  semi-annual  report,
                           transition  report on Forms 10-K, 10- KSB, 20-F, 11-K
                           or Form N-SAR, or portion thereof will be filed on or
                           before the 15th calendar day following the prescribed
                           due  date;  or  the  subject   quarterly   report  or
                           transition  report on Form 10-Q,  10-QSB,  or portion
                           thereof will be filed on or before the fifth calendar
                           day following the prescribed due date; and

        [ ]       (c)     The  accountant's statement or other exhibit required
                           by Rule 12b-25(c) has been attached if applicable.

                                    PART III

                                    NARRATIVE

          The Registant is unable to file its annual report on Form 10-KSB
within the prescribed time because the Company still in the process of obtaining
certain information required for completion of the report. Substantially all of
the needed information is derived from the Tunisian operations of a majority
owned subsidiary. Depending upon the outcome of the information, the results of
the Registant may significantly change.


                                     PART IV

                                OTHER INFORMATION

          (1)  Name and telephone  number of person to contact in regard to this
               notification.

               JON L. LAWVER         (949)                 833-2094
                  (Name)           (Area Code)         (Telephone Number)

          (2)  Have all other periodic reports required under Section 13 or
               15(d) or 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 the 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?

                          o Yes       |X| No


                         Oasis Resorts International Inc.
                  (Name of Registrant as Specified in Charter)

Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.

Date:  September 28, 2001               By:/s/  Leonard J. Roman
                                        ---------------------------------------
                                                Leonard J.Roman,
                                                Chief Financial Officer





Instruction. The form may be signed by an executive officer of the Registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the Registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the Registrant shall be filed with the form.

                                    ATTENTION

Intentional misstatements or omissions of fact constitute federal criminal
violations (see 18 U.S.C. 1001).

                              GENERAL INSTRUCTIONS

1. This form is required by Rule 12b-25 of the General Rules and Regulations
   under the Securities Exchange Act of 1934.

2. One signed original and four conformed copies of this form and amendments
   thereto must be completed and filed with the Securities and Exchange
   Commission, Washington, DC 20549, in accordance with Rule 0-3 of the General
   Rules and Regulations under the Act. The information contained in or filed
   with the form will be made a matter of the public record in the Commission
   files.

3. A manually signed copy of the form and amendments thereto shall be filed with
   each national securities exchange on which any class of securities of the
   Registrant is registered.

4. Amendments to the notifications must also be filed on Form 12-25 but need not
   restate information that has been correctly furnished. The form shall be
   clearly identified as an amended notification.

5. Electronic Filers. This form shall not be used by electronic filers unable to
   timely file a report solely due to electronic difficulties. Filers unable to
   submit a report within the time period prescribed due to difficulties in
   electronic filing should comply with either Rule 201 or Rule 202 of
   Regulation S-T or apply for an adjustment in filing date pursuant to Rule
   13(b) of Regulation S-T.