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<TITLE>Filed by Bowne Pure Compliance</TITLE>
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<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND
EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest
event reported): February 25, 2009</B>

<P style="font-size: 24pt" align="center"><B>Black Gaming, LLC<BR>
</B><FONT
style="font-size: 10pt">(Exact name of registrant as specified in its charter)
</FONT>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="32%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="32%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>Nevada</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>333-123179</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>20-8160036</B></TD>
 </TR>
 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
 </TR>

</TABLE>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="49%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="49%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>10777 W Twain Ave, Las Vegas,
Nevada<BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>89135</B></TD>
 </TR>
 <TR valign="top">
  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number,
including area code: <B>(702) 318-6888</B>
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cellpadding="0" width="30%" border="0">

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  <TD width="100%">&nbsp;</TD>
 </TR>
 <TR>
  <TD style="border-bottom: #000000 1px solid" nowrap><B>&nbsp;</B></TD>
 </TR>
 <TR>
  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">1
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style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">

<P style="font-size: 10pt" align="justify"><B>Item&nbsp;1.01 Entry into a
Material Definitive Agreement.</B>

<P style="font-size: 10pt" align="justify">On February&nbsp;25, 2009, Black
Gaming, LLC (together with its direct and indirect wholly-owned subsidiaries,
the &#8220;Company&#8221;) and Wells Fargo Foothill, Inc. (&#8220;Wells Fargo
Foothill&#8221;) entered into a Second Amended and Restated Forbearance
Agreement (the &#8220;Forbearance Agreement&#8221;) with respect to the
Company&#8217;s Credit Agreement with Wells Fargo Foothill, dated as of
December&nbsp;20, 2004, as amended (the &#8220;Credit Agreement). The
Forbearance Agreement amends and restates in its entirety the Amended and
Restated Forbearance Agreement dated February&nbsp;12, 2009 between the Company
and Wells Fargo Foothill.

<P style="font-size: 10pt" align="justify">Pursuant to the Forbearance
Agreement, during the Forbearance Period (as defined in the Forbearance
Agreement) Wells Fargo Foothill agreed to forbear from enforcing its rights
under the Credit Agreement that arise because of certain Designated Events of
Default (as defined in the Forbearance Agreement).&nbsp; Upon the expiration of
the Forbearance Period, the forbearance shall terminate and Wells Fargo
Foothill shall have the right to exercise any and all rights and remedies under
the Credit Agreement, including the acceleration of the Company&#8217;s
obligations under the Credit Agreement of approximately $14.9&nbsp;million.

<P style="font-size: 10pt" align="justify">The Forbearance Termination Date (as
defined in the Forbearance Agreement) is March&nbsp;2, 2009, subject to
extension to March&nbsp;9, 2009 if the Company provides a restructuring term
sheet to Wells Fargo Foothill by March&nbsp;2, 2009. The Company also agreed to
provide Wells Fargo Foothill with certain projections by March&nbsp;6, 2009.
Wells Fargo Foothill also consented to the continued reduction of operations at
the Company&#8217;s Oasis Resort Casino Golf and Spa (the &#8220;Oasis&#8221;)
during the Forbearance Period and to the ability of the Company to transfer
equipment from the Oasis to one of the Company&#8217;s other operating casino
locations.

<P style="font-size: 10pt" align="justify">The foregoing summary of the
Forbearance Agreement is qualified in its entirety by reference to the complete
text of the Forbearance Agreement, a copy of which is attached hereto as
Exhibit&nbsp;10.1 and is incorporated herein by reference.

<P>
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 <TR style="font-size: 10pt; background: none transparent scroll repeat 0% 0%; color: #000000" valign="top">
  <TD nowrap align="left" width="3%"><B>Item&nbsp;9.01</B></TD>
  <TD width="1%">&nbsp;</TD>
  <TD><DIV style="text-align: justify"><B>&#8211; Financial Statements and Exhibits.</B></DIV></TD>
 </TR>

</TABLE>

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 <TR style="font-size: 10pt" valign="bottom">
  <TD style="border-bottom: #000000 1px solid" nowrap align="left"><B>Exhibit</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid" nowrap align="center"><B>Name</B></TD>
 </TR>
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 <TR valign="bottom">
  <TD valign="top"><DIV style="margin-left: 0px; text-indent: 0px">Exhibit&nbsp;10.1 </DIV></TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Second Amended and Restated Forbearance
Agreement dated February 25, 2009 between the Company and Wells Fargo
Foothill</TD>
</TR>
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</DIV>


<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">2
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<P style="font-size: 10pt" align="center"><B>SIGNATURES</B>

<P style="font-size: 10pt; text-indent: 4%" align="justify">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 hereunto duly authorized.


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  <TD valign="top">&nbsp;</TD>
  <TD valign="top" align="left" colspan="2"><FONT style="font-variant: small-caps"><B>Black Gaming, LLC</B></FONT></TD>
 </TR>

 <TR valign="bottom">
  <TD valign="top">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left" colspan="3">&nbsp;</TD>
 </TR>


 <TR valign="bottom">
  <TD valign="top"><DIV style="margin-left: 0px; text-indent: 0px">Date: March&nbsp;2, 2009 </DIV></TD>
  <TD valign="top" align="left">By: </TD>
  <TD valign="top" align="left" style="border-bottom: #000000 1px solid">/s/ Sean P. McKay</TD>
 </TR>

 <TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Sean P. McKay</TD>
 </TR>

 <TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Its: </TD>
  <TD valign="top" align="left">Chief Accounting Officer</TD>
 </TR>

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<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">3
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<P style="font-size: 10pt" align="center"><B>EXHIBIT INDEX</B>


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<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">
<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="8%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="87%">&nbsp;</TD>
 </TR>
 <TR style="font-size: 10pt" valign="bottom">
  <TD style="border-bottom: #000000 1px solid" nowrap align="left"><B>Exhibit</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid" nowrap align="center"><B>Name</B></TD>
 </TR>
<!-- End Table Head -->

<!-- Begin Table Body -->
 <TR valign="bottom">
  <TD valign="top"><DIV style="margin-left: 0px; text-indent: 0px">Exhibit&nbsp;10.1 </DIV></TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Second Amended and Restated Forbearance Agreement dated February 25, 2009 between the Company and Wells Fargo Foothill</TD>
</TR>
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<P style="font-size: 10pt" align="center">&nbsp;


<P style="display: none; font-size: 10pt" align="center">4
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[{"company-data": {"conformed-name": "BLACK GAMING, LLC", "cik": "0001319842", "assigned-sic": "6510", "irs-number": "208160036", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-123179", "film-number": "09647691"}, "business-address": {"street1": "10777 W TWAIN AVE", "street2": "THIRD FLOOR", "city": "LAS VEGAS", "state": "NV", "zip": "89135", "phone": "702-346-4040"}, "mail-address": {"street1": "10777 W TWAIN AVE", "street2": "THIRD FLOOR", "city": "LAS VEGAS", "state": "NV", "zip": "89135"}, "former-company": [{"former-conformed-name": "BLACK GAMING LLC", "date-changed": "20070104"}, {"former-conformed-name": "Virgin River Casino CORP", "date-changed": "20050304"}]}, {"company-data": {"conformed-name": "B & B B, Inc.", "cik": "0001319855", "assigned-sic": "6510", "irs-number": "880254007", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-123179-04", "film-number": "09647692"}, "business-address": {"street1": "950 WEST MESQUITE BLVD.", "city": "MESQUITE", "state": "NV", "zip": "89027", "phone": "702-346-4040"}, "mail-address": {"street1": "950 WEST MESQUITE BLVD.", "city": "MESQUITE", "state": "NV", "zip": "89027"}}, {"company-data": {"conformed-name": "RBG, LLC", "cik": "0001319845", "assigned-sic": "6510", "irs-number": "860860535", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-123179-05", "film-number": "09647693"}, "business-address": {"street1": "950 WEST MESQUITE BLVD.", "city": "MESQUITE", "state": "NV", "zip": "89027", "phone": "702-346-4040"}, "mail-address": {"street1": "950 WEST MESQUITE BLVD.", "city": "MESQUITE", "state": "NV", "zip": "89027"}}]
Filed by Bowne Pure Compliance
UNITED STATES
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): February 25, 2009
Black Gaming, LLC
(Exact name of registrant as specified in its charter)
Nevada
333-123179
20-8160036
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
10777 W Twain Ave, Las Vegas,
Nevada
89135
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number,
including area code:
(702) 318-6888
(Former name or former address if changed since last report.)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a
Material Definitive Agreement.
On February 25, 2009, Black
Gaming, LLC (together with its direct and indirect wholly-owned subsidiaries,
the "Company") and Wells Fargo Foothill, Inc. ("Wells Fargo
Foothill") entered into a Second Amended and Restated Forbearance
Agreement (the "Forbearance Agreement") with respect to the
Company's Credit Agreement with Wells Fargo Foothill, dated as of
December 20, 2004, as amended (the "Credit Agreement). The
Forbearance Agreement amends and restates in its entirety the Amended and
Restated Forbearance Agreement dated February 12, 2009 between the Company
and Wells Fargo Foothill.
Pursuant to the Forbearance
Agreement, during the Forbearance Period (as defined in the Forbearance
Agreement) Wells Fargo Foothill agreed to forbear from enforcing its rights
under the Credit Agreement that arise because of certain Designated Events of
Default (as defined in the Forbearance Agreement).  Upon the expiration of
the Forbearance Period, the forbearance shall terminate and Wells Fargo
Foothill shall have the right to exercise any and all rights and remedies under
the Credit Agreement, including the acceleration of the Company's
obligations under the Credit Agreement of approximately $14.9 million.
The Forbearance Termination Date (as
defined in the Forbearance Agreement) is March 2, 2009, subject to
extension to March 9, 2009 if the Company provides a restructuring term
sheet to Wells Fargo Foothill by March 2, 2009. The Company also agreed to
provide Wells Fargo Foothill with certain projections by March 6, 2009.
Wells Fargo Foothill also consented to the continued reduction of operations at
the Company's Oasis Resort Casino Golf and Spa (the "Oasis")
during the Forbearance Period and to the ability of the Company to transfer
equipment from the Oasis to one of the Company's other operating casino
locations.
The foregoing summary of the
Forbearance Agreement is qualified in its entirety by reference to the complete
text of the Forbearance Agreement, a copy of which is attached hereto as
Exhibit 10.1 and is incorporated herein by reference.
Item 9.01
– Financial Statements and Exhibits.
Exhibit
Name
Exhibit 10.1
Second Amended and Restated Forbearance
Agreement dated February 25, 2009 between the Company and Wells Fargo
Foothill
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 hereunto duly authorized.
Black Gaming, LLC
Date: March 2, 2009
By:
/s/ Sean P. McKay
Sean P. McKay
Its:
Chief Accounting Officer
EXHIBIT INDEX
Exhibit
Name
Exhibit 10.1
Second Amended and Restated Forbearance Agreement dated February 25, 2009 between the Company and Wells Fargo Foothill