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)
July 6, 2010
     
Las Vegas Gaming, Inc.
(Exact name of registrant as specified in its charter)
     
     
Nevada
000-30375
88-0392994
(State of other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
     
3980 Howard Hughes Pkwy., Suite 450, Las Vegas, Nevada
89169
(Address of principal executive offices)
(ZipCode)
     
Registrant’s telephone number, including area code
(702) 871-7111
     
     
(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:
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
 

 

  Section 5  -  Corporate Governance and Management
 
  Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
                       Compensatory Arrangements of Certain Officers.
 
Effective July 6, 2010, Bruce Shepard resigned from his positions as Chief Financial Officer, Secretary, and Treasurer of Las Vegas Gaming, Inc.  The resignations were in conjunction with his request for approval to withdraw his application for licensure from the Nevada Gaming Commission as a cost reduction measure as Las Vegas Gaming, Inc. could no longer afford the cash deposits needed to continue with the investigation and the licensing process.  No issues were identified as preventing the licensure of Mr. Shepard.  In addition, the resignation by Mr. Shepard was not due to any known disagreement on any matter relating to the company’s operations, policies, or practices.  Russell Roth, the company’s Chairman of the Board, was named to fill those positions with Mr. Shepard assuming the duties of the company’s Controller on that same date.  Russell Roth and Jon Berkley, the company’s Chief Executive Officer, are already licensed by the Nevada Gaming Commission.
 
Effective July, 12, 2010, Richard Irvine resigned as a member of the company’s Board of Directors.  The resignation by Mr. Irvine was not due to any known disagreement on any matter relating to the company’s operations, policies, or practices.
 
  Section 9  -  Financial Statements and Exhibits
 
  Item 9.01     Financial Statements and Exhibits.
 
None.
 
 
 
 

 
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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 GAMING, INC.
         
         
     
By:
/s/ Russell R. Roth
Date:
August 16, 2010
   
Russell R. Roth
     
Title:
Chief Financial Officer
         

 
 
 
 

 
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