UNITED STATES ~~SECURITIES AND EXCHANGE COMMISSION~~

~~Washington, D.C.~~SECURITIES ~~20549~~AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

~~of The~~ Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~August 19~~December 21, ~~2005~~ 2006

Diamond Jo, LLC	Peninsula Gaming, LLC	Peninsula Gaming Corp.
(Exact name of registrant as specified in its charter)	(Exact name of registrant as specified in its charter)	(Exact name of registrant as specified in its charter)
Delaware	Delaware	Delaware
(State or other jurisdiction of incorporation or organization)	(State or other jurisdiction of incorporation or organization)	(State or other jurisdiction of incorporation or organization)
42-1483875	20-0800583	25-1902805
(I.R.S. Employer Identification No.)	(I.R.S. Employer Identification No.)	(I.R.S. Employer Identification No.)


Diamond Jo, LLC	Peninsula Gaming, LLC	Peninsula Gaming Corp.
(Exact name of registrant as specified in its charter)	(Exact name of registrant as specified in its charter)	(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of

incorporation or organization)

(State or other jurisdiction of

incorporation or organization)

(State or other jurisdiction of

incorporation or organization)


42-1483875	20-0800583	25-1902805
(I.R.S. Employer Identification No.)	(I.R.S. Employer Identification No.)	(I.R.S. Employer Identification No.)

3rd Street Ice Harbor

P.O. Box 1750

Dubuque, Iowa 52001-1750

(Address of executive offices, including zip code)

(563) 583-7005

(Registrant’s telephone number, including area code)

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))

~~Item~~¨ ~~1.01.~~Soliciting ~~Entry~~material ~~into~~pursuant ato ~~Material~~Rule ~~Definitive~~14a-12 ~~Agreement~~under the Exchange Act (17 CFR 240.14a-12)

On¨ ~~August~~Pre-commencement ~~19,~~communications ~~2005,~~pursuant ~~Diamond~~to JoRule ~~Worth, LLC~~ 14d-2(~~“DJW”~~b), ~~an indirect~~under ~~wholly~~the ~~owned~~Exchange ~~subsidiary~~Act ~~of Peninsula Gaming, LLC, entered into a change order, dated as of August 8, 2005, among KGA Architecture, Henkel Construction Company and DJW~~ (~~the~~17 ~~“Change~~CFR ~~Order”) providing for, among other things, a guaranteed maximum price of approximately $21~~240.614d million for the site preparation and construction costs for the Diamond Jo Worth casino in Worth County, Iowa. A copy of the Change Order is filed as Exhibit 10.1 to this Form 8-K and is incorporated in its entirety herein.2(b))

~~Also,~~¨ inPre-commencement ~~connection~~communications ~~with its~~pursuant private placement of $40.0 million aggregate principal amount of 11% Senior Secured Notes due 2012 (the “Notes”), DJW, Diamond Jo Worth Corp. and U.S. Bank National Association, as trustee and as disbursement agent, entered into a Cash Collateral and Disbursement Agreement, dated as of July 19, 2005 (the “Cash Collateral and Disbursement Agreement”). Pursuant to ~~the~~Rule ~~Cash Collateral and Disbursement Agreement, DJW deposited the net proceeds of the Notes into~~ 13e-4(ic)under ~~an interest reserve account, which will be used to pay~~ the ~~first~~Exchange ~~two~~Act ~~payments of interest on the Notes, and~~ (~~ii)~~17 aCFR ~~construction disbursement account, which will be used to fund, together with other funds, the completion of the Diamond Jo Worth casino~~240. ~~A copy of the Cash Collateral and Disbursement Agreement is filed as Exhibit 10.2 to this Form 8~~13e-~~K and is incorporated in its entirety herein.~~4(c))

2Item 1.01. Entry into a Material Definitive Agreement.

~~SIGNATURES~~On December 21, 2006, Diamond Jo Worth, LLC and Diamond Jo Worth Corp. issued and sold to a third party investor in a private placement $36.5 million aggregate principal amount of their 11% Senior Secured Notes due 2012 (the “DJW Notes”). On December 22, 2006, Peninsula Gaming, LLC (the “Company”), Diamond Jo, LLC and Peninsula Gaming Corp. issued and sold to a third party investor in a private placement $22.0 million aggregate principal amount of their 8 3/4% Senior Secured Notes due 2012 (the “PGL Notes”).

~~Pursuant~~The Company intends to use the ~~requirements~~net proceeds from the issuance of the PGL Notes and the ~~Securities~~DJW ~~Exchange~~Notes ~~Act~~to finance in part the construction of ~~1934~~a new moored barge facility to expand its existing casino operations at the Diamond Jo casino in Dubuque, Iowa and the ~~registrant~~development ~~has~~and ~~duly~~construction ~~caused~~of ~~this~~a ~~report~~hotel and events center contiguous to its beracetrack ~~signed~~and oncasino ~~its~~at ~~behalf~~The byOld ~~the~~Evangeline ~~undersigned~~Downs ~~hereunto~~in ~~duly~~Opelousas, ~~authorized~~Louisiana.

	PENINSULA GAMING, LLC
	By:/s/ M. Brent Stevens
	Name: M. Brent Stevens
	Title: Chief Executive Officer
	DIAMOND JO, LLC
	By:/s/ M. Brent Stevens
	Name: M. Brent Stevens
	Title: Chief Executive Officer
	PENINSULA GAMING CORP.
	By:/s/ M. Brent Stevens
	Name: M. Brent Stevens
	Title: Chief Executive Officer
Date: August 25, 2005

In connection with the issuance of the DJW Notes, DJW also obtained the consent of the holders of the DJW Notes to the use of proceeds described above.

3On December 22, 2006, the Company also amended its senior credit facility to, among other things, increase available borrowings under the revolver portion of the facility by $15.0 million effective upon the satisfaction of certain specified conditions and permit the issuance of the PGL Notes.

~~EXHIBIT INDEX~~SIGNATURES

Exhibit Number
10.1 —		Change Order, dated as of August 8, 2005, among KGA Architecture, Henkel Construction Company and Diamond Jo Worth, LLC
10.2 —		Cash Collateral and Disbursement Agreement, dated as of July 19, 2005, among Diamond Jo Worth, LLC, Diamond Jo Worth Corp. and U.S. Bank National Association, as trustee and as disbursement agent

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.

4PENINSULA GAMING, LLC By: /s/ M. Brent Stevens Name: M. Brent Stevens Title: Chief Executive Officer DIAMOND JO, LLC By: /s/ M. Brent Stevens Name: M. Brent Stevens Title: Chief Executive Officer PENINSULA GAMING CORP. By: /s/ M. Brent Stevens Name: M. Brent Stevens Title: Chief Executive Officer

Date: December 22, 2006

Filing Compare · DIAMOND JO, LLC