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)  June 19, 1997


                      LAS VEGAS ENTERTAINMENT NETWORK, INC.
             (Exact name of registrant as specified in its charter)

                                    DELAWARE
                 (State or other jurisdiction of incorporation)


         0-21270                                          94-3123854
(Commission File Number)                      (IRS Employer Identification No.)


1801 Century Park East, 23rd Floor, Los Angeles, California            90067
(Address of principal executive offices)                           (Zip Code)


Registrant's telephone number, including area code:  (310) 551-0011


No Exhibits included.



<PAGE>



Item 5.      Other Events.

             In a Current Report on Form 8-K dated January 15, 1997, the Company
disclosed  that on  January  15,  1997 that  through  its  wholly  owned  Nevada
subsidiary  Casino Co.,  made a 90-day  secured loan of Two Million Nine Hundred
Thousand Dollars  ($2,900,000) to NPD, Inc.  ("NPD"),  in order to enable NPD to
close the acquisition of 2,904,016  shares of the common stock of  International
Thoroughbred Breeders, Inc. ("ITB"), then representing twenty five percent (25%)
of the outstanding stock of ITB. The loan was due on April 30, 1997. On June 19,
1997 NPD repaid the loan plus all accrued interest in full.



                                                        2

<PAGE>



Item 7.      Financial Statements and Exhibits.

             (a) (b)  Not Applicable.

             (c)      Exhibits

                      10.       Material Contracts

                                10.27     Loan   Agreement   between   NPD   and
                                          Casino-Co  Corporation  dated  January
                                          15,   1997   with   related    Secured
                                          Promissory  Note,  Security  Agreement
                                          and Pledge Agreement(1).
                                10.28     Guaranty of Nunzio DeSantis in favor 
                                          of Casino-Co Corpora-
                                          tion(1).
                                10.29     Option of NPD, Inc. in favor of Casino
                                          -Co Corporation(1).

(1)  Incorporated  by reference to the exhibits of the same number as filed with
the January 15, 1997 10-QSB.


                                                        3

<PAGE>



                                   SIGNATURES

              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 thereunto duly authorized.

Dated:   June 23, 1997                     LAS VEGAS ENTERTAINMENT NETWORK, INC.



                                                 By:   /s/ Carl A. Sambus
                                                       Carl A. Sambus
                                                       Chief Financial Officer

                                                        4

<PAGE>
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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)  June 19, 1997

                      LAS VEGAS ENTERTAINMENT NETWORK, INC.
             (Exact name of registrant as specified in its charter)

                                    DELAWARE
                 (State or other jurisdiction of incorporation)

         0-21270                                          94-3123854
(Commission File Number)                      (IRS Employer Identification No.)

1801 Century Park East, 23rd Floor, Los Angeles, California            90067
(Address of principal executive offices)                           (Zip Code)

Registrant's telephone number, including area code:  (310) 551-0011

No Exhibits included.
Item 5.      Other Events.

             In a Current Report on Form 8-K dated January 15, 1997, the Company
disclosed  that on  January  15,  1997 that  through  its  wholly  owned  Nevada
subsidiary  Casino Co.,  made a 90-day  secured loan of Two Million Nine Hundred
Thousand Dollars  ($2,900,000) to NPD, Inc.  ("NPD"),  in order to enable NPD to
close the acquisition of 2,904,016  shares of the common stock of  International
Thoroughbred Breeders, Inc. ("ITB"), then representing twenty five percent (25%)
of the outstanding stock of ITB. The loan was due on April 30, 1997. On June 19,
1997 NPD repaid the loan plus all accrued interest in full.

                                                        2
Item 7.      Financial Statements and Exhibits.

             (a) (b)  Not Applicable.

             (c)      Exhibits

                      10.       Material Contracts

                                10.27     Loan   Agreement   between   NPD   and
                                          Casino-Co  Corporation  dated  January
                                          15,   1997   with   related    Secured
                                          Promissory  Note,  Security  Agreement
                                          and Pledge Agreement(1).
                                10.28     Guaranty of Nunzio DeSantis in favor 
                                          of Casino-Co Corpora-
                                          tion(1).
                                10.29     Option of NPD, Inc. in favor of Casino
                                          -Co Corporation(1).

(1)  Incorporated  by reference to the exhibits of the same number as filed with
the January 15, 1997 10-QSB.

                                                        3
SIGNATURES

              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 thereunto duly authorized.

Dated:   June 23, 1997                     LAS VEGAS ENTERTAINMENT NETWORK, INC.

                                                 By:   /s/ Carl A. Sambus
                                                       Carl A. Sambus
                                                       Chief Financial Officer

                                                        4