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 (Date of earliest event reported): May 12, 1998 Louisiana Casino Cruises, Inc. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Louisiana 33-73534 72-1196619 - -------------------------------------------------------------------------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 1717 River Road North, Baton Rouge, Louisiana 70802 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (504) 381-7777 ------------------ N/A - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Page 1 of 3 Item 5. Other Events. Louisiana Casino Cruises, Inc., a Louisiana corporation (the "Company"), on May 12, 1998 settled the lawsuit against it filed by BRH Consultants, Inc. ("BRH") (No. M407543, Parish of East Baton Rouge). The suit involved an alleged breach of a service agreement. Pursuant to the settlement, each party entered into mutual general releases. Neither party admitted any liability in connection with the settlement. In 1993, the Company recorded a provision in connection with this matter. As a result of the settlement, the Company will recognize pre-tax income of $400,000. Page 2 of 3 SIGNATURES 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. LOUISIANA CASINO CRUISES, INC. Dated: May 28, 1998 By: /s/ W. Peter Temling ------------------------ W. Peter Temling, Acting Chief Financial Officer Page 3 of 3