-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 P4WK3r9RRWToYOZ+PokC6Y+Cj4RrjwFkFgkVx0szghupYoKOShrgnBqYllr/SIro
 +lP/aPAekJDx/I8c1+uRKA==

<SEC-DOCUMENT>0001019966-08-000003.txt : 20081103
<SEC-HEADER>0001019966-08-000003.hdr.sgml : 20081103
<ACCEPTANCE-DATETIME>20081103163556
ACCESSION NUMBER:		0001019966-08-000003
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20081030
FILED AS OF DATE:		20081103
DATE AS OF CHANGE:		20081103

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Great Wolf Resorts, Inc.
		CENTRAL INDEX KEY:			0001294538
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
		IRS NUMBER:				510510250
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		122 WEST WASHINGTON AVENUE
		CITY:			MADISON
		STATE:			WI
		ZIP:			53703
		BUSINESS PHONE:		608-661-4700

	MAIL ADDRESS:	
		STREET 1:		122 WEST WASHINGTON AVENUE
		CITY:			MADISON
		STATE:			WI
		ZIP:			53703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HOVDE STEVEN D
		CENTRAL INDEX KEY:			0001019966
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51064
		FILM NUMBER:		081157901

	BUSINESS ADDRESS:	
		STREET 1:		1629 COLONIAL PARKWAY
		CITY:			INVERNESS
		STATE:			IL
		ZIP:			60067
		BUSINESS PHONE:		8658080888

	MAIL ADDRESS:	
		STREET 1:		1110 LAKE COOK ROAD
		STREET 2:		SUITE 165
		CITY:			BUFFALO GROVE
		STATE:			IL
		ZIP:			60089
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0203</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2008-10-30</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001294538</issuerCik>
        <issuerName>Great Wolf Resorts, Inc.</issuerName>
        <issuerTradingSymbol>WOLF</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001019966</rptOwnerCik>
            <rptOwnerName>HOVDE STEVEN D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1629 COLONIAL PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>INVERNESS</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60067</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>89671</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2500</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>19315</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote 2</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>8825</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote 3</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On October 30, 2008, Steven D. Hovde was granted 2,500 restricted shares of common stock by Great Wolf Resorts, Inc. in connection with his election to the Board of Directors. The vesting of these shares will be over three years, with 1/3 of each of the grant vesting on the following dates: 10/30/2009, 10/30/2010, and 10/30/2011. The shares were granted at a price of $1.62 per share.</footnote>
        <footnote id="F2">Steven D. Hovde is a Trustee of the Eric D. and Steven D. Hovde Foundation, which directly owns the 19,315 shares of common stock of Great Wolf Resorts, Inc. Accordingly, Mr. Hovde may be deemed to beneficially own these shares.</footnote>
        <footnote id="F3">Steven D. Hovde is a Trustee of the Hovde Financial, Inc. Profit Sharing Plan and Trust, which directly owns the 8,825 shares of common stock of Great Wolf Resorts, Inc. Accordingly, Mr. Hovde may be deemed to beneficially own these shares.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Steven D. Hovde</signatureName>
        <signatureDate>2008-11-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----