SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

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                                    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 25, 2001


                            JAGUAR INVESTMENTS, INC.
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               (Exact name of registrant as specified in charter)


          Nevada                   0-25753                      87-0449667
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     (State or other             (Commission                  (IRS Employer
     jurisdiction of              File No.)                Identification No.)
      incorporation)


      1037 East 3300 South, #203, Salt Lake City, Utah            84106
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          (Address of principal executive offices)              (Zip Code)


 Registrant's telephone number, including area code:           (801) 467-6715
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          (Former name or former address, if changed since last report)





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Item 5.  Other Events

     On May 25, 2001, Jaguar Investments, Inc. ("Jaguar") issued a press release
announcing that it had executed a letter of intent to acquire 100% of the issued
and outstanding  shares of Premier Sports Media and Entertainment  Group, Inc. A
copy of the press release is furnished with this Form 8-K as Exhibit 99.

Exhibit 99 - Press  Release  dated May 25, 2001  related to the  execution  of a
letter of intent between Jaguar  Investments,  Inc. and Premier Sports Media and
Entertainment Group, Inc.







                                   SIGNATURES

     Pursuant to the  requirements  of the  Securities and Exchange Act of 1934,
the  Company  has duly  caused  this  report to be  signed on its  behalf by the
undersigned hereunto duly authorized.

                                       JAGUAR INVESTMENTS, INC.

                                       By:     /s/ Ian Rice
                                            ------------------------------------
                                            Ian Rice
                                            President

Date:  June 6, 2001