-----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,
 Tq68trBA4UL7f6/0c2tdXvoD1IHHGoCWEYbR4ghkDA9RSEO7oz+YlOJkzmuTnhHl
 dta0J4l/g26+CPz/LN6a7A==

<SEC-DOCUMENT>0001179110-03-003143.txt : 20030703
<SEC-HEADER>0001179110-03-003143.hdr.sgml : 20030703
<ACCEPTANCE-DATETIME>20030703162847
ACCESSION NUMBER:		0001179110-03-003143
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030626
FILED AS OF DATE:		20030703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RAVICH JESS M
		CENTRAL INDEX KEY:			0001094988

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25244
		FILM NUMBER:		03775606

	MAIL ADDRESS:	
		STREET 1:		C/O OAKRIDE CAPITAL GROUP
		STREET 2:		701 XENIA AVENUE S
		CITY:			GOLDEN VALLEY
		STATE:			MN
		ZIP:			55416

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RAVICH REVOCABLE TRUST OF 1989
		CENTRAL INDEX KEY:			0001131265

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25244
		FILM NUMBER:		03775607

	BUSINESS ADDRESS:	
		STREET 1:		C/O US BANCORP LIBRA
		STREET 2:		11766 WILSHIRE BLVD SUITE 870
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90025

	MAIL ADDRESS:	
		STREET 1:		C/O US BANCORP LIBRA
		STREET 2:		11766 WILSHIRE BLVD SUITE 870
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90025

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TRANS WORLD CORP
		CENTRAL INDEX KEY:			0000914577
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-AMUSEMENT & RECREATION SERVICES [7900]
		IRS NUMBER:				133738518
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		545 FIFTH AVE
		STREET 2:		STE 940
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2129833355

	MAIL ADDRESS:	
		STREET 1:		545 FIFTH AVE
		STREET 2:		STE 940
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TRANS WORLD GAMING CORP
		DATE OF NAME CHANGE:	19941027
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 3 -
<TEXT>
<XML>
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>3</documentType>
<periodOfReport>2003-06-26</periodOfReport>
    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000914577</issuerCik>
        <issuerName>TRANS WORLD CORP</issuerName>
        <issuerTradingSymbol>twcp</issuerTradingSymbol>
</issuer>
<reportingOwner><reportingOwnerId>
            <rptOwnerCik>0001094988</rptOwnerCik>
            <rptOwnerName>RAVICH JESS M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector>
<isOfficer>0</isOfficer>
<isTenPercentOwner>1</isTenPercentOwner>
<isOther>0</isOther>
<officerTitle></officerTitle>
<otherText></otherText>
</reportingOwnerRelationship>
</reportingOwner>
<reportingOwner><reportingOwnerId>
            <rptOwnerCik>0001131265</rptOwnerCik>
            <rptOwnerName>RAVICH REVOCABLE TRUST OF 1989</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector>
<isOfficer>0</isOfficer>
<isTenPercentOwner>1</isTenPercentOwner>
<isOther>0</isOther>
<officerTitle></officerTitle>
<otherText></otherText>
</reportingOwnerRelationship>
</reportingOwner>
<nonDerivativeSecurity><securityTitle><value>Common Stock</value>
</securityTitle>
<transactionAmounts><transactionShares><value>84387942</value>
<footnoteId id="F1"></footnoteId>
</transactionShares>
</transactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>I</value>
</directOrIndirectOwnership>
<natureOfOwnership><value>See Footnote 2</value>
<footnoteId id="F2"></footnoteId>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeSecurity>
<footnotes><footnote id="F1">Prior to June 26, 2003, the Ravich Revocable Trust of 1989 ("Ravich Revocable Trust") held 180,313 shares of common stock of Trans World Corporation ("TWC").  On June 26, 2003, the Ravich Revocable Trust exchanged $3,430,000 in principal amount of debt of TWC for 84,207,629 shares of common stock of such company.</footnote>
<footnote id="F2">This Form 3 is filed on behalf of the Ravich Revocable Trust, a revocable trust for which Jess M. Ravich serves as trustee, and Jess M. Ravich.</footnote>
</footnotes>
<ownerSignature><signatureName>/S/ Jess M. Ravich</signatureName>
<signatureDate>2003-07-03</signatureDate>
</ownerSignature>
<ownerSignature><signatureName>/S/ Jess M. Ravich, as trustee of the Ravich Revocable Trust of 1989</signatureName>
<signatureDate>2003-07-03</signatureDate>
</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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