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): October 26, 2005

                          LAS VEGAS RESORTS CORPORATION
             (Exact name of registrant as specified in its charter)

                                     Nevada
                            (State of incorporation)


               33-10513-LA                            33-0215298
        (Commission File Number)         (I.R.S. Employer Identification Number)


           211 West Wall Street
              Midland, Texas                             79701
(Address of principal executive offices)              (Zip Code)

                                 (432) 682-1761
              (Registrant's telephone number, including area code)


         (Former name or former address, if changed since last report.)


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:


[_]  Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

[_]  Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

[_]  Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 CFR 240.14d-2(b))

[_]  Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4(c))


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                   Section 3 - Securities and Trading Markets

Item 3.03 - Material Modification to Rights of Security Holders.

Las Vegas  Resorts  Corporation  (the  "Company") on October 26, 2005 effected a
one-for-fifteen  hundred reverse split of the Company's  common stock, par value
$.001 per share (the "Reverse Split"). In order to effect the Reverse Split, the
Company filed a Certificate of Amendment to Certificate  of  Incorporation  with
the  Secretary  of  State of the  State of  Nevada.  Prior  to the  filing,  the
amendment  was  approved by a majority  the  Company's  stockholders  and by the
Company's Board of Directors.

The  Reverse  Split  will  affect  all  holders of the  Company's  common  stock
uniformly and will not affect any stockholder's percentage ownership interest in
the  Company,  except to the extent  that the  Reverse  Split will result in any
holder  of the  Company's  common  stock  receiving  cash in lieu of  fractional
shares.  As no scrip or  fractional  certificates  of the  common  stock will be
issued in connection with the Reverse Split, stockholders who otherwise would be
entitled to receive a fractional  share  because they hold a number of shares of
the common stock not evenly divisible by fifteen hundred will be entitled,  upon
surrender of certificate(s) representing those shares, to a cash payment in lieu
of any fraction.

As a result of the reverse  split,  the Company's  trading  symbol on the Nasdaq
Electronic Bulletin Board has been changed from LVRC to LVGC.


                 Section 5 - Corporate Governance and Management

Item 5.03 - Amendments to Articles of Incorporation or Bylaws;  Change in Fiscal
Year.

The  information  set forth in Item 3.03 of this  Current  Report on Form 8-K is
hereby incorporated by reference.

                  Section 9 - Financial Statements and Exhibits

Item 9.01 - Financial Statements and Exhibits

   Exhibit No.          Description

       3.1              Certificate of Amendment to Certificate of Incorporation

                                   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.


                                           LAS VEGAS RESORTS CORPORATION


                                           By: /s/ Glenn A. Little
                                              ----------------------------------
                                              Glenn A. Little
                                              President, Chief Executive Officer
Date:  October 26, 2005