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): January 27, 2003



                        FORTUNE ENTERTAINMENT CORPORATION
                   ------------------------------------------
             (Exact name of Registrant as specified in its charter)



     Delaware                           0-23859                   88-0405437
--------------------                  ------------             ---------------
(State or other jurisdiction       (Commission File No.)       (IRS Employer
of incorporation)                                           Identification No.)



                        Fortune Entertainment Corporation
                        8920 W. Tropicana Ave., Suite 102
                               Las Vegas, NV 89147
                  -------------------------------------------
          (Address of principal executive offices, including Zip Code)


        Registrant's telephone number, including area code: (702) 614-6124
                                                            --------------




                                       N/A
                           --------------------------
           (Former name or former address if changed since last report)




<PAGE>


Item 4.  Change in Registrant's Certifying Accountant

     Effective   January  27,  2003  the  Company   decided  to  replace   (i.e.
"dismissed") Merdinger,  Fruchter, Rosen & Company ("Merdinger,  Fruchter") with
Schumaker &  Associates,  Inc. as the  Company's  independent  certified  public
accountants.  Merdinger, Fruchter audited the Company's financial statements for
the fiscal year ended December 31, 2001.  The report of Merdinger,  Fruchter for
this fiscal year did not contain an adverse  opinion,  or  disclaimer of opinion
and was not  qualified or modified as to audit scope or  accounting  principles.
However,  the report of  Merdinger,  Fruchter for this fiscal year was qualified
with respect to uncertainty  as to the Company's  ability to continue as a going
concern.  During the  Company's  two most  recent  fiscal  years and  subsequent
interim  period  ending  January  27,  2003,  there were no  disagreements  with
Merdinger,  Fruchter  on any  matter  of  accounting  principles  or  practices,
financial   statement   disclosure  or  auditing  scope  or  procedures,   which
disagreements,  if not resolved to the satisfaction of Merdinger, Fruchter would
have caused it to make reference to such disagreements in its reports.

     The  Company  has  authorized  Merdinger,  Fruchter  to discuss  any matter
relating to the Company and its operations with Schumaker & Associates.

     The change in the Company's  auditors was  recommended  and approved by the
board of directors of the Company. The Company does not have an audit committee.

      During the two most recent fiscal years and subsequent interim period
ending January 27, 2003, the Company did not consult Schumacher & Associates
regarding the application of accounting principles to a specified transaction,
either completed or proposed, or the type of audit opinion that might be
rendered on the Company's financial statements, or any matter that was the
subject of a disagreement or a reportable event as defined in the regulations of
the Securities and Exchange Commission.

      Schumacher & Associates has reviewed the disclosures contained in this 8-K
report. The Company has advised Schumacher & Associates that it has the
opportunity to furnish the Company with a letter addressed to the Securities and
Exchange Commission concerning any new information, clarifying the Company's
disclosures herein, or stating any reason why Schumacher & Associates does not
agree with any statements made by the Company in this report. Schumacher &
Associates has advised the Company that nothing has come to its attention which
would cause it to believe that any such letter was necessary.

Item 7.  Financial Statements, Pro Forma Financial Information

(a)  Not Applicable
(b)  Not Applicable
(c)  Exhibits

      Exhibit 16:

     The letter from the Company's former auditors confirming the information in
Item 4 will be filed by amendment.



<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 hereunto duly authorized.


Date:  January 30, 2003
                                 Fortune Entertainment Corporation




                                 By:  /s/ Douglas Sanderson
                                     -----------------------------
                                     Douglas Sanderson, President
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{"company-data": {"conformed-name": "FORTUNE ENTERTAINMENT CORP /DE/", "cik": "0001072702", "irs-number": "880405437", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-30292", "film-number": "03533075"}, "business-address": {"street1": "8920 W TROPICANA AVE", "street2": "SUITE 102", "city": "LAS VEGAS", "state": "NV", "zip": "89147", "phone": "7026146124"}, "mail-address": {"street1": "8920 W TROPICANA AVE", "street2": "SUITE 102", "city": "LAS VEGAS", "state": "NV", "zip": "89147"}}
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): January 27, 2003

                        FORTUNE ENTERTAINMENT CORPORATION
                   ------------------------------------------
             (Exact name of Registrant as specified in its charter)

     Delaware                           0-23859                   88-0405437
--------------------                  ------------             ---------------
(State or other jurisdiction       (Commission File No.)       (IRS Employer
of incorporation)                                           Identification No.)

                        Fortune Entertainment Corporation
                        8920 W. Tropicana Ave., Suite 102
                               Las Vegas, NV 89147
                  -------------------------------------------
          (Address of principal executive offices, including Zip Code)

        Registrant's telephone number, including area code: (702) 614-6124
                                                            --------------

                                       N/A
                           --------------------------
           (Former name or former address if changed since last report)
Item 4.  Change in Registrant's Certifying Accountant

     Effective   January  27,  2003  the  Company   decided  to  replace   (i.e.
"dismissed") Merdinger,  Fruchter, Rosen & Company ("Merdinger,  Fruchter") with
Schumaker &  Associates,  Inc. as the  Company's  independent  certified  public
accountants.  Merdinger, Fruchter audited the Company's financial statements for
the fiscal year ended December 31, 2001.  The report of Merdinger,  Fruchter for
this fiscal year did not contain an adverse  opinion,  or  disclaimer of opinion
and was not  qualified or modified as to audit scope or  accounting  principles.
However,  the report of  Merdinger,  Fruchter for this fiscal year was qualified
with respect to uncertainty  as to the Company's  ability to continue as a going
concern.  During the  Company's  two most  recent  fiscal  years and  subsequent
interim  period  ending  January  27,  2003,  there were no  disagreements  with
Merdinger,  Fruchter  on any  matter  of  accounting  principles  or  practices,
financial   statement   disclosure  or  auditing  scope  or  procedures,   which
disagreements,  if not resolved to the satisfaction of Merdinger, Fruchter would
have caused it to make reference to such disagreements in its reports.

     The  Company  has  authorized  Merdinger,  Fruchter  to discuss  any matter
relating to the Company and its operations with Schumaker & Associates.

     The change in the Company's  auditors was  recommended  and approved by the
board of directors of the Company. The Company does not have an audit committee.

      During the two most recent fiscal years and subsequent interim period
ending January 27, 2003, the Company did not consult Schumacher & Associates
regarding the application of accounting principles to a specified transaction,
either completed or proposed, or the type of audit opinion that might be
rendered on the Company's financial statements, or any matter that was the
subject of a disagreement or a reportable event as defined in the regulations of
the Securities and Exchange Commission.

      Schumacher & Associates has reviewed the disclosures contained in this 8-K
report. The Company has advised Schumacher & Associates that it has the
opportunity to furnish the Company with a letter addressed to the Securities and
Exchange Commission concerning any new information, clarifying the Company's
disclosures herein, or stating any reason why Schumacher & Associates does not
agree with any statements made by the Company in this report. Schumacher &
Associates has advised the Company that nothing has come to its attention which
would cause it to believe that any such letter was necessary.

Item 7.  Financial Statements, Pro Forma Financial Information

(a)  Not Applicable
(b)  Not Applicable
(c)  Exhibits

      Exhibit 16:

     The letter from the Company's former auditors confirming the information in
Item 4 will be filed by amendment.
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.

Date:  January 30, 2003
                                 Fortune Entertainment Corporation

                                 By:  /s/ Douglas Sanderson
                                     -----------------------------
                                     Douglas Sanderson, President