U.S. SECURITIES AND EXCHANGE COMMISSION

                           WASHINGTON, D.C. 20549

                                 FORM 12b-25

                                                  SEC File Number 0-15415
                                                  CUSIP Number 379 31N 105

                            NOTICE OF LATE FILING
                                (Check One):

[X] Form 10-KSB  [] Form 11-K  [] Form 20-F  [] Form 10-QSB  [] Form N-SAR
                      For Period Ended:  June 30, 1997
_________________________________________________________________________

If the notification relates to a portion of the filing check above,
identify the Item(s) to which the notification relates:  N/A
________________________________________________________________________

Part I--Registrant Information
___________________________________________________________________________

     Full Name of Registrant:    GLOBAL CASINOS, INC.

     Former Name if Applicable: 

     Address of Principal Executive Office (Street and Number):

                       4465 Northpark Drive, Suite 400
                     Colorado Springs, Colorado  80209 
___________________________________________________________________________

Part II--Rules 12b-25(b) and (c)
___________________________________________________________________________

If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12(b)-25(b), the
following should be completed.   (Check box if appropriate)

[ ]     (a)  The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense;

[X]     (b)  The subject annual report or semi-annual report/portion thereof
will be filed on or before the fifteenth calendar day following the
prescribed due date; or the subject quarterly report/portion thereof will
be filed on or before the fifth calendar day following the prescribed due
date; and

[ ]     (c)  The accountant's statement or other exhibit required by
Rule 12b-25(c) has been attached if applicable.


___________________________________________________________________________

Part III--Narrative
___________________________________________________________________________

State below in reasonable detail the reasons why form 10-K, 11-K, 20-F,
10-Q or N-SAR or portion thereof could not be filed within the prescribed
time period.

   The Registrant is unable to file its Annual Report on Form 10-KSB within
the prescribed time period because the Company has experienced some
difficulty in compiling its financial records to complete the preparation
of the audited financial statements for the relevant fiscal year.
___________________________________________________________________________

Part IV--Other Information
___________________________________________________________________________

(1)     Name and telephone number of person to contact in regard to this
notification

                          Clifford L. Neuman, Esq.
                              1507 Pine Street
                           Boulder, Colorado 80302
                               (303) 449-2100

(2)     Have all other period reports required under section 13 or 15(d) of
the Securities Exchange Act of 1934 or section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that
the registrant was required to file such report(s) been filed?  If the
answer is no, identify report(s).
                                                         [ X ] Yes   [  ] No

(3)     Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report
or portion thereof?
                                                         [  ] Yes   [ X ] No

If so; attached an explanation of the anticipated change, both narratively
and quantitively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.

                            GLOBAL CASINOS, INC.
              ________________________________________________
                (Name of Registrant as specified in charter)

has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.



Date:     Sept. 26, 1997        By:   /s/ Stephen G. Calandrella
        _________________             ______________________________
                                       Stephen G. Calandrella, President