8-K

                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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) August 23, 2001
                                                         ---------------

                               NUWAY ENERGY, INC.
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             (Exact name of registrant as specified in its charter)


    DELAWARE                      33-43423                        65-0159115
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(State or other                 (Commission                    (I.R.S. Employer
jurisdiction of                 File Number)                 Identification No.)
   formation)


 2000 N.E. 164TH STREET, NORTH MIAMI BEACH, FL                           33162
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(Address of principal executive offices)                              (Zip Code)



        Registrant's telephone number, including area code (305) 945-9300
                              ---------------------

                          LATIN AMERICAN CASINOS, INC.
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)


Item 5.  Other Events

         On August 23, 2001 the Registrant announced that through its two newly
formed subsidiaries, it has purchased a 30% working interest of Westlinks
Resources, Inc.'s assets in the Superb Area of Saskatchewan.


         The information contained in the press release is incorporated herein
by reference and filed as Exhibit 99.1 hereto.


                                  Exhibit Index
                                  -------------

Exhibit No.
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   99.1              Press release dated August 23, 2001

Signatures:

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed by the undersigned duly
authorized.

                                       NuWay Energy, Inc.
                                       (Registrant)


      8/28/01                          /s/ JEFFREY FELDER
- --------------------                   -----------------------------
       Date                            Jeffrey Felder, President


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                                                                          Page 2

EX-99.1

EXHIBIT 99.1

Press Release
SOURCE: NuWay Energy Inc.

        NuWay Energy to Acquire Assets in the Superb Area of Saskatchewan

         IRVINE, California, August 23, 2001 -- NuWay Energy Inc. (Nasdaq SC:
NWAY-) is pleased to announce, that through its two newly formed subsidiaries,
it has purchased a 30% working interest of Westlinks Resources, Inc.'s assets in
the Superb Area of Saskatchewan.

         The purchase price of the acquisition is $1.068 million, payable in
cash. The acquisition includes a working interest in four existing Waseca heavy
oil wells with a combined production rate of approximately 250 barrels per day.
Additionally the company has identified 7 infill drilling locations based on
geology and 3-D seismic that should increase field productivity to over 800
barrels per day. The company plans to start drilling 5 of the 7 locations next
month. Recent improvements on the property have been the construction of a
central battery and water injection facility to reduce operating costs and
optimize well production.

         The Superb area, located in the southeast corner of the providence of
Saskatchewan, is extremely active in the production of heavy oil. Several
world-class oil producing companies including Petrovera, Baytex and Conoco own
properties in the adjoining region to NuWay Energy's ownership interest in the
960 acres

         Sproule Associates Limited estimates the total proven reserves to be
671,000 barrels of oil and total proven plus probable reserves to be 885,000
barrels of oil. Sproule Associates Limited is an independent engineering
company, recognized internationally as a leader in petroleum engineering
consulting.

         Todd Sanders, CEO stated, "We are very excited to have found such a
wonderful venture to be our first since recently announcing our entrance into
the energy field. With four wells already online we will see an immediate
positive impact on our cash flow, not to mention what will be added on as the
next five wells are drilled. Our partners in this venture are extremely
experienced and we look forward to seeking out additional partnerships with
them." Statements regarding anticipated oil and gas production and other oil and
gas operation activities, including the costs and timing of those activities,
are "forward-looking statements". These statements involve risks that could
significantly impact NuWay Energy. These risks include, but are not limited to,
adverse general economic conditions, operating hazards, drilling risks, inherent
uncertainties in interpreting engineering and geologic data, competition,
reduced availability of drilling and other well services, fluctuations in oil
and gas prices and prices for drilling and other well services and government
regulation and foreign political risks, as well as other risks commonly
associated with the exploration and development of oil and gas properties.

Contact: Todd Sanders/CEO
         949-553-8002


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