8-K 1 d8k.txt FORM 8-K 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) March 20, 2002 GREATE BAY CASINO CORPORATION -------------------------------------------------------------------------------- (Exact name of each Registrant as specified in its charter) DELAWARE 1-6339 75-1295630 -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) Two Galleria Tower, Suite 2200 13455 Noel Road, LB 48 Dallas, Texas 75240 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (972) 392-7777 -------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) 1 Item 2. Acquisition or Disposition of Assets On March 20, 2002, Greate Bay Casino Corporation ("Greate Bay") announced that it had consummated the sale of its wholly owned subsidiary and primary asset, Advanced Casino Systems Corporation ("ACSC"), to Bally Gaming, Inc., a wholly owned subsidiary of Alliance Gaming Corporation (Nasdaq: ALLY) for $14.6 million. The sale of ACSC was approved by the U.S. Bankruptcy Court for the District of Delaware on March 6, 2002. Greate Bay's bankruptcy plan will be presented to the Court for approval on May 2, 2002. Item 7. Financial Statements and Exhibits 7(a). Financial Statements Pro forma financial information as required by this Item will be included in Greate Bay's Annual Report on Form 10-K to be filed no later than April 16, 2002. 7(b). Exhibits

2 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. GREATE BAY CASINO CORPORATION ----------------------------- Registrant Date: April 2, 2002 By: /s/ John C. Hull --------------------------- John C. Hull Chief Executive Officer 3 INDEX TO EXHIBITS

GREATE BAY CASINO CORP 8-K