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) June 24, 1999
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Casinovations Incorporated
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(Exact name of Registrant as specified in charter)
Nevada
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(State or other jurisdiction of incorporation)
000-25855 91-1696010
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(Commission File (IRS Employee
Number) Identification No.)
6744 South Spencer Street, Las Vegas, Nevada 89119
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (702) 733-7195
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Not Applicable
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS
On June 24, 1999, Casinovations Incorporated, a Nevada
corporation (the "Company"), distributed to all of its
stockholders of record a letter entitled, Stockholder Update, in
which the Company provided an update as to certain matters
concerning the Company, including, without limitation,
appointments to the Company's Board of Directors, appointment of
Timothy Leybold as the Company's Chief Financial Officer,
manufacturing, sales and service, financial condition, product
development and market for the Company's common stock.
The aforementioned summary is not intended to be exhaustive
and is subject to, and qualified in its entirety by, reference to
the Stockholder Update, a copy of which is attached hereto as
Exhibit 99.1.
The Stockholder Update contains statements that may be
considered forward-looking statements within the meaning of
Section 27a of the Securities Act of 1933, as amended, and
Section 21e of the Securities Exchange Act of 1934, as amended,
such as statements relating to future prospects and liquidity
requirements of the Company. The forward looking statements
include those with respect to future working capital
requirements, acceleration of manufacturing capabilities,
continued development of the company's products, future sales of
the Company's products, market maker activities and other
statements regarding events or conditions which have not yet
taken place. Such forward-looking information involves important
risks and uncertainties that could significantly affect
anticipated results in the future and, accordingly, such results
may differ from those expressed in any forward-looking statements
made herein. Those risks and uncertainties include, but are not
limited to, risks relating to gaming regulations (including
actions affecting licensing), leverage and debt service
(including sensitivity to fluctuations in interest rates),
domestic or global economic conditions and changes in federal or
state tax laws or the administration of such laws.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Businesses Acquired.
Not Applicable.
(b) Pro Forma Financial Information.
Not Applicable.
(c) Exhibits.
99.1 Stockholder Update dated June 24, 1999.
SIGNATURE
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.
CASINOVATIONS INCORPORATED
(Registrant)
Date: July 12, 1999 By: /s/ Steven J. Blad
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Steven J. Blad
President and Chief
Executive Officer
EXHIBIT INDEX
EXHIBIT DESCRIPTION PAGE
NUMBER ----------- NUMBER
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99.1 Stockholder Update dated June 24, 1999. 5