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): September 7, 2004

                        LOTTERY & WAGERING SOLUTIONS INC.
             (Exact Name of Registrant as Specified in its Charter)

                                    Delaware
                            (State of Incorporation)

           0-22191                                    IRS NO. 65-067590
   (Commission File Number)                     (IRS Employer Identification)


           8201 PETERS ROAD, SUITE 1000, FT. LAUDERDALE, FLORIDA 33324
               (Address of Principal Executive Offices) (Zip Code)

                                 (954) 916-2610
              (Registrant's telephone number, Including Area Code)

                                 ---------------

         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 (see General Instruction A.2. below):

         / / Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)

         / / Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)

         / / Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

         / / Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))


<PAGE>


ITEM 8.01         OTHER EVENTS

                  On September 7, 2004, Lottery & Wagering Solutions Inc. (the
"Company") through The Golden Tulip Leisure A.V.V. ("GTL"), an Aruban entity
formed for the sole purposes of the transaction, entered into a five year
agreement with N.V. Trade Centre Suriname ("TSC"). Under this agreement, TCS
grants to GTL the right to use and occupy the restaurant, casino and certain
office facilities located on several floors of The Golden Tulip Casino, Hotel,
Conference and Leisure Center in downtown Paramaribo Suriname owned by TCS,
together with the exclusive use of the Full Gaming License and Food and Beverage
License on behalf of TCS, as well as the right to use the 173 slot machines, 7
gaming tables, and related paraphernalia located on the premises. GTL is
required to make monthly payments to TCS of US $40,000 for the lease of the
facilities and the use of the licenses and equipment. The agreement may be
extended for an additional five year term at the option of GTL. The Company is
not a party to the agreement, and has not guaranteed the performance or
obligations of GTL. The Company is currently evaluating various issues which
affect casino operations at this location.

                  As earlier reported, on July 31, 2003, the First Subdistrict
Court of Suriname issued a decision and order evicting the Company's joint
venture entity from its facilities in a hotel in Paramaribo from which the
Company conducts all of its casino operations. In view of the pending eviction
order, during the last twelve months the company had sought an alternative
location from which to conduct casino operations. On July 16, 2004, the Court of
Justice, the appellate court in Suriname, issued an oral order "annulling" the
decision and eviction order of the Subdistrict Court. The Company has been
informed that such decision was based on a finding by the Court of Justice that
such an eviction proceeding could not properly be brought as an "Urgent" or
"Kort Geding" summary proceeding. The Company has been advised that the eviction
case is now over, but may be recommenced as a "normal proceeding" if the
plaintiff determines to do so. No written decision in this matter has yet been
rendered by the Suriname Court of Justice.


ITEM 9.01         FINANCIAL STATEMENTS AND EXHIBITS.

(c)      Exhibits.
         Exhibit No.                Description
         -----------                -----------

         99.3                       Press release, dated September 16, 2004,
                                    announcing the entering into of a lease
                                    agreement by the Company's wholly owned
                                    subsidiary for the conduct of casino
                                    operations in Suriname, and announcing the
                                    decision of appellate Suriname Court of
                                    Justice annulling the lower court's order
                                    evicting the Company's joint venture entity
                                    from the hotel premises where it conducts
                                    its casino operations.


<PAGE>


                                   SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                       LOTTERY & WAGERING SOLUTIONS INC.


Date: September 16, 2004         By: S/ Miles R. Greenberg
                                     ----------------------------------------
                                     Miles R. Greenberg



                                INDEX TO EXHIBITS

         Exhibit No.                Description
         -----------                -----------

         99.3                       Press release, dated September 16, 2004,
                                    announcing the entering into of a lease
                                    agreement by the Company's wholly owned
                                    subsidiary for the conduct of casino
                                    operations in Suriname, and announcing the
                                    decision of appellate Suriname Court of
                                    Justice annulling the lower court's order
                                    evicting the Company's joint venture entity
                                    from the hotel premises where it conducts
                                    its casino operations.
[{"type": "8-K", "sequence": "1", "filename": "s15-4780_8k.txt", "description": "FORM 8-K", "secsgml_size_bytes": 6388}]
{"company-data": {"conformed-name": "LOTTERY & WAGERING SOLUTIONS INC", "cik": "0001026671", "assigned-sic": "7990", "irs-number": "650675901", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-22191", "film-number": "041033927"}, "business-address": {"street1": "9130 S DADELAND BLVD", "street2": "STE 1602", "city": "MIAMI", "state": "FL", "zip": "33156", "phone": "3054443888"}, "mail-address": {"street1": "9130 S DADELAND BLVD", "street2": "STE 1602", "city": "MIAMI", "state": "FL", "zip": "33156"}, "former-company": [{"former-conformed-name": "CCA COMPANIES INC", "date-changed": "19980617"}, {"former-conformed-name": "CONSERVER CORP OF AMERICA", "date-changed": "19961107"}]}
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): September 7, 2004

                        LOTTERY & WAGERING SOLUTIONS INC.
             (Exact Name of Registrant as Specified in its Charter)

                                    Delaware
                            (State of Incorporation)

           0-22191                                    IRS NO. 65-067590
   (Commission File Number)                     (IRS Employer Identification)

           8201 PETERS ROAD, SUITE 1000, FT. LAUDERDALE, FLORIDA 33324
               (Address of Principal Executive Offices) (Zip Code)

                                 (954) 916-2610
              (Registrant's telephone number, Including Area Code)

                                 ---------------

         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 (see General Instruction A.2. below):

         / / Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)

         / / Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)

         / / Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

         / / Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01         OTHER EVENTS

                  On September 7, 2004, Lottery & Wagering Solutions Inc. (the
"Company") through The Golden Tulip Leisure A.V.V. ("GTL"), an Aruban entity
formed for the sole purposes of the transaction, entered into a five year
agreement with N.V. Trade Centre Suriname ("TSC"). Under this agreement, TCS
grants to GTL the right to use and occupy the restaurant, casino and certain
office facilities located on several floors of The Golden Tulip Casino, Hotel,
Conference and Leisure Center in downtown Paramaribo Suriname owned by TCS,
together with the exclusive use of the Full Gaming License and Food and Beverage
License on behalf of TCS, as well as the right to use the 173 slot machines, 7
gaming tables, and related paraphernalia located on the premises. GTL is
required to make monthly payments to TCS of US $40,000 for the lease of the
facilities and the use of the licenses and equipment. The agreement may be
extended for an additional five year term at the option of GTL. The Company is
not a party to the agreement, and has not guaranteed the performance or
obligations of GTL. The Company is currently evaluating various issues which
affect casino operations at this location.

                  As earlier reported, on July 31, 2003, the First Subdistrict
Court of Suriname issued a decision and order evicting the Company's joint
venture entity from its facilities in a hotel in Paramaribo from which the
Company conducts all of its casino operations. In view of the pending eviction
order, during the last twelve months the company had sought an alternative
location from which to conduct casino operations. On July 16, 2004, the Court of
Justice, the appellate court in Suriname, issued an oral order "annulling" the
decision and eviction order of the Subdistrict Court. The Company has been
informed that such decision was based on a finding by the Court of Justice that
such an eviction proceeding could not properly be brought as an "Urgent" or
"Kort Geding" summary proceeding. The Company has been advised that the eviction
case is now over, but may be recommenced as a "normal proceeding" if the
plaintiff determines to do so. No written decision in this matter has yet been
rendered by the Suriname Court of Justice.

ITEM 9.01         FINANCIAL STATEMENTS AND EXHIBITS.

(c)      Exhibits.
         Exhibit No.                Description
         -----------                -----------

         99.3                       Press release, dated September 16, 2004,
                                    announcing the entering into of a lease
                                    agreement by the Company's wholly owned
                                    subsidiary for the conduct of casino
                                    operations in Suriname, and announcing the
                                    decision of appellate Suriname Court of
                                    Justice annulling the lower court's order
                                    evicting the Company's joint venture entity
                                    from the hotel premises where it conducts
                                    its casino operations.
SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                       LOTTERY & WAGERING SOLUTIONS INC.

Date: September 16, 2004         By: S/ Miles R. Greenberg
                                     ----------------------------------------
                                     Miles R. Greenberg

                                INDEX TO EXHIBITS

         Exhibit No.                Description
         -----------                -----------

         99.3                       Press release, dated September 16, 2004,
                                    announcing the entering into of a lease
                                    agreement by the Company's wholly owned
                                    subsidiary for the conduct of casino
                                    operations in Suriname, and announcing the
                                    decision of appellate Suriname Court of
                                    Justice annulling the lower court's order
                                    evicting the Company's joint venture entity
                                    from the hotel premises where it conducts
                                    its casino operations.