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: September 14, 1998

                           UNITED LEISURE CORPORATION
             (Exact Name of Registrant as Specified in its Charter)

   Delaware                    0-6106                       13-2652243
(State or Other             (Commission                  (I.R.S. Employer
Jurisdiction of             File Number)                     I.D. No.)
Incorporation)

18081 MAGNOLIA AVENUE, FOUNTAIN VALLEY, CA                             92708
 (Address of Principal Executive Offices)                            (Zip Code)

                                  714/378-8761
                         (Registrant's Telephone Number,
                              Including Area Code)

                                       N/A
          (Former name or former address, if changed from last report)


<PAGE>



ITEM 5. OTHER MATTERS

     United Leisure Corporation and its subsidiary,  Lion Country Safari, Inc. -
California  (collectively,  the "Company"),  and The Irvine Company have settled
their long-standing litigation and have agreed to dismiss all superior court and
appellate  court actions  pending  between  them,  i.e. The Splash v. The Irvine
Company, et al. (Case No. 491202), Lion Country Safari, Inc.-- California v. The
Irvine Company (OCSC Case No. 743669), Lion Country Safari,  Inc.--California v.
The Irvine Company (OCSC Case No. 775923) and The Irvine Company v. Lion Country
Safari, Inc. - California (OCSC Case No. 776187).

     Pursuant to the terms of the settlement  agreement between the parties, The
Irvine Company paid the Company $4.0 million without  admitting any liability on
the part of The Irvine Company.

     The Company has also settled the lawsuit  titled The Splash dba Wild Rivers
v. Harry  Shuster,  et al. (OCSC Case No. 771810) and the parties have agreed to
dismiss that suit. No payments  will be made by either party in connection  with
the settlement of the lawsuit.

     The lawsuit titled Irvine Meadows v. Shuster, et al. (OCSC Case No. 771509)
is not  affected by the  foregoing  settlements  and the Company is pursuing its
appeal of the judgment of the trial court in that matter.



                                   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 duly authorized.

                                                 UNITED LEISURE CORPORATION

Dated:  September 14, 1998                       By /s/ Harry Shuster
                                                    ----------------------------
                                                    Harry Shuster,
                                                    Chief Executive Officer
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{"company-data": {"conformed-name": "UNITED LEISURE CORP", "cik": "0000059684", "assigned-sic": "6519", "irs-number": "132652243", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-06106", "film-number": "98708617"}, "business-address": {"street1": "18081 MAGNOLIA AVENUE", "city": "FOUNTAIN VALLEY", "state": "CA", "zip": "92708", "phone": "7143788761"}, "mail-address": {"street1": "18081 MAGNOLIA AVENUE", "city": "FOUTAIN VALLEY", "state": "CA", "zip": "92708"}, "former-company": [{"former-conformed-name": "LION COUNTRY SAFARI INC", "date-changed": "19870330"}, {"former-conformed-name": "NATIONAL LEISURE INC", "date-changed": "19720407"}]}
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: September 14, 1998

                           UNITED LEISURE CORPORATION
             (Exact Name of Registrant as Specified in its Charter)

   Delaware                    0-6106                       13-2652243
(State or Other             (Commission                  (I.R.S. Employer
Jurisdiction of             File Number)                     I.D. No.)
Incorporation)

18081 MAGNOLIA AVENUE, FOUNTAIN VALLEY, CA                             92708
 (Address of Principal Executive Offices)                            (Zip Code)

                                  714/378-8761
                         (Registrant's Telephone Number,
                              Including Area Code)

                                       N/A
          (Former name or former address, if changed from last report)
ITEM 5. OTHER MATTERS

     United Leisure Corporation and its subsidiary,  Lion Country Safari, Inc. -
California  (collectively,  the "Company"),  and The Irvine Company have settled
their long-standing litigation and have agreed to dismiss all superior court and
appellate  court actions  pending  between  them,  i.e. The Splash v. The Irvine
Company, et al. (Case No. 491202), Lion Country Safari, Inc.-- California v. The
Irvine Company (OCSC Case No. 743669), Lion Country Safari,  Inc.--California v.
The Irvine Company (OCSC Case No. 775923) and The Irvine Company v. Lion Country
Safari, Inc. - California (OCSC Case No. 776187).

     Pursuant to the terms of the settlement  agreement between the parties, The
Irvine Company paid the Company $4.0 million without  admitting any liability on
the part of The Irvine Company.

     The Company has also settled the lawsuit  titled The Splash dba Wild Rivers
v. Harry  Shuster,  et al. (OCSC Case No. 771810) and the parties have agreed to
dismiss that suit. No payments  will be made by either party in connection  with
the settlement of the lawsuit.

     The lawsuit titled Irvine Meadows v. Shuster, et al. (OCSC Case No. 771509)
is not  affected by the  foregoing  settlements  and the Company is pursuing its
appeal of the judgment of the trial court in that matter.

                                   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 duly authorized.

                                                 UNITED LEISURE CORPORATION

Dated:  September 14, 1998                       By /s/ Harry Shuster
                                                    ----------------------------
                                                    Harry Shuster,
                                                    Chief Executive Officer