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 15, 1999
                                                    -----------------



                        Playstar Wyoming Holding Corp.
                        ------------------------------
             (Exact name of Registrant as Specified in its Charter)


        Antigua                 000-24929             52-209-8787
        -------                 ---------             -----------
(State or Other Jurisdiction   (Commission           (IRS Employer
      of Incorporation)         File Number)          Identification No.)


The Dollar Building, Nevis Street, Top Floor, St. John's,  Antigua
- -------------------------------------------------------------------
(Address of Principal Executive Offices)                       (Zip Code)


Registrant's telephone number, including area code   (268) 562-0075
                                                     --------------

                                      N/A
                                   ---------
   (Former Name or Former Address, if Changed Since Last Report)







Item 5.  Other Events

Commencing  with its  Annual  Report for the  fiscal  year ended June 30,  1999,
Playstar  Wyoming  Holding  Corp.  will  file with the SEC only  those  periodic
reports  required of a foreign  issuer  under  Section  13(a) of the  Securities
Exchange Act of 1934 (the "Exchange Act"). For example,  Playstar will no longer
file  a  Form  10-KSB.  Instead,  it  will  file a  Form  20-F.  The  disclosure
requirements  for a Form  20-F are not as  detailed  as those of a Form  10-KSB.
Consequently,   certain   information  that  has  previously  been  reported  in
Playstar's  10-KSB  will  not  be  reported  in  its  Form  20-F.  Specifically,
information  pertaining to (i) the compensation of directors and officers,  (ii)
the interest of  management  in certain of  Playstar's  transactions,  (iii) the
control and beneficial  ownership of Playstar's voting securities,  and (iv) the
business  experience of Playstar's  directors  and executive  officers  shall be
disclosed,  however,  not to the same level of detail as disclosed in Playstar's
Form 10-KSB.

In addition,  certain  information that was reported in the Form 10-KSB, such as
discussions  of (i) certain  matters  submitted for security  holder vote,  (ii)
officer,  director and  beneficial  owner  compliance  with Section 16(a) of the
Exchange Act,  (iii) the market for  Playstar's  common equity and certain other
related   shareholder  matters  (dividend   issuances),   (iv)  changes  in  and
disagreements with accountants, (v) recent sales of unregistered securities, and
(vi) indemnification of Playstar's directors and officers,  will not be included
in the Form 20-F.







                                    Signature

      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 hereto duly authorized.


                                    PLAYSTAR WYOMING HOLDING CORP.

Date: October 15, 1999                    By:  /s/  William  F.E. Tucker
                                               -------------------------
                                           William F. Tucker
                                           Treasurer and Secretary