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):     January 19, 2005

 

GLOBAL CASINOS, INC.
(Exact Name of Registrant as Specified in its Charter)

       Utah       

       0-15415       

    87-0340206    

(State or other jurisdiction
of incorporation)

Commission File
Number

(I.R.S. Employer Identification number)

5455 Spine Road, Suite C, Boulder, Colorado   80301
(Address of principal executive offices)                    (Zip Code)

Registrants telephone number, including area code:   (303) 527-2903

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

ITEM 7.01

REGULATION FD DISCLOSURE

ITEM 8.01

OTHER EVENTS

       On January 19, 2005, the Company issued a press release announcing its completion of a $500,000 private debt offering. A copy of the press release is attached as an exhibit to this Current Report.

ITEM 9.01:     FINANCIAL STATEMENTS AND EXHIBITS
 

(a)

Exhibit
 

Item

Title
 

99.1

Press Release dated January 19, 2005

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 thereunto duly authorized.
   

Global Casinos, Inc.
(Registrant)

Dated: January 19, 2005    

/s/ Frank L. Jennings                                  
Frank L. Jennings, Principal Executive and
Financial Officer