**UNITEDSTATES**

**SECURITIESAND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

 

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**FORM 10-K/A**

** **

**(Amendment No. 1)**

** **

| **x**  | ** ** | **ANNUAL REPORT UNDER  SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934**     |
|--------|------------|---------------------------------------------------------------------------------------------------|
|   | ** ** | ** **                                                                                        |
|   | ** ** | **For the fiscal year  ended December 31, 2007**                                        |
|   | ** ** | ** **                                                                                        |
| **o**  | ** ** | **TRANSITION REPORT UNDER  SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934** |

 

**For thetransition period from            to**

 

**Commissionfile number 333-124924**

 

**155 EastTropicana, LLC155 East Tropicana Finance Corp.**

(Exact name of registrant as specified in its charter)

 

| **Nevada  Nevada**                                              | ** ** | **20-2546581  20-1363044**            |
|-----------------------------------------------------------------|------------|---------------------------------------|
| (State or other jurisdiction  of incorporation or organization) |       | (I.R.S. Employer  Identification No.) |

 

| **115 East Tropicana Avenue,  Las Vegas,**                     | ** ** | **NV 89109** |
|----------------------------------------------------------------|------------|--------------|
| (Address and telephone number  of principal executive offices) |       | (Zip Code)   |

 

**(702) 597-6076**

Registrant’s telephone number, including areacode:

 

Securities registered pursuant to Section 12(b) of the Act:

 

| **Title of  each class** | ** ** | **Name of  each exchange on which registered** |
|--------------------------|------------|------------------------------------------------|
| None.                    |       |                                           |

 

Securities registered pursuant to Section 12(g) ofthe Act:

 

**None.**

(Title of each class)

 

 

(Title of each class)

 

Indicateby check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405of the Securities Act. Yes o  No x

 

Indicateby check mark if the registrant is not required to file reports pursuant to Section 13or Section 15(d) of the Act. Yes o  No x

 

Indicateby check mark whether the registrant (1) has filed all reports required tobe filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrantwas required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days. Yes x  No o

 

Indicateby check mark if disclosure or delinquent filers pursuant to Item 405 ofRegulation S-K (§229.405 of this chapter) is not contained herein, and will notbe contained, to the best of registrant’s knowledge, in definitive proxy orinformation statements incorporated by reference in Part III of this Form 10-Kor any amendment to this Form 10-K. Yes o  No x

 

Indicate by check mark whether the registrant is a large acceleratedfiler, an accelerated filer, a non-accelerated filer, or a smaller reportingcompany. See the definitions of “large accelerated filer”, “accelerated filer”and “smaller reporting company” in Rule 12b-2 of the Exchange Act. :

 
| Large  accelerated filer o |   | Accelerated  filer o         |
|----------------------------|--------|------------------------------|
| Non-Accelerated  filer x   |   | Smaller  reporting company o |

(Donot check if a smaller reporting company)

 

Indicateby check mark whether the registrant is a shell company (as defined in Rule 12b-2of the Act). Yes o  No x

 

Statethe aggregate market value of the voting and non-voting common equity held bynon-affiliates computed by reference to the price at which the common equitywas last sold, or the average bid and asked price of such common equity, as ofthe last business day of the registrant’s most recently completed second fiscalquarter. Not Applicable.

 

**DOCUMENTSINCORPORATED BY REFERENCE**

Not applicable.

 

 

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**EXPLANATORY NOTE**

 

Theregistrant filed with the Securities and Exchange Commission (the “SEC”) anAnnual Report on Form 10-K for the year ended December 31, 2007 (“Form 10-K”)on March 31, 2008.  The Form 10-Kincorrectly indicated that David Lageschulte, a member of the registrant’smanagement board, signed the Form 10-K. The registrant has determined to amend the Form 10-K for the solepurpose of correcting the error and explaining that Mr. Lageschulte didnot sign the Form 10-K.  Inaddition, as required by Rule 12b-15 under the Securities Exchange Act of1934, as amended, new certifications by the registrant’s principal executiveofficer and principal financial officer are being filed or furnished asexhibits to this Amendment No. 1 on Form 10-K/A under Part IV,Item 15 hereof.

 

Noattempt has been made in this Amendment No. 1 on Form 10-K/A tomodify or update the other disclosures presented in the Form 10-K.  Except as presented in this Form 10-K/Aand except for Exhibits 31.1, 31.2, 32.1 and 32.2, this Amendment No. 1 onForm 10-K/A does not reflect events occurring after the filing of the Form 10-Kor modify or update those disclosures. Accordingly, this Amendment No. 1 on Form 10-K/A should beread in conjunction with the Form 10-K and our other filings with the SEC.

 

# **PART IV**

# ** **

## **ITEM 15.       EXHIBITSAND FINANCIAL STATEMENT SCHEDULES.**

## ** **

(a)  List the following documents filed as part of the report:

 

(3)           Exhibit Index.

 

See exhibitslisted on the Exhibit Index following the signature page of thisAmendment No. 1 to the Annual Report, where said Exhibit Index isincorporated herein by reference.

 

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## **SIGNATURES**

## ** **

Pursuant to the requirements of Section 13or 15(d) of the Securities Exchange Act of 1934, the registrant has dulycaused this report to be signed on its behalf by the undersigned, thereuntoduly authorized.

 
| ** **                 | **155 EAST TROPICANA, LLC** |
|----------------------------|-----------------------------|
|                       | (Registrant)                |
|                       |                        |
|                       |                        |
|                       | By:                         | /s/ Neil G. Kiefer |
| Date:  April 23, 2008 |                        | Neil G. Kiefer |
|                       | Its:                        | Chief Executive Officer |

 

 

## **SIGNATURES**

## ** **

Pursuant to the requirements of Section 13or 15(d) of the Securities Exchange Act of 1934, the registrant has dulycaused this report to be signed on its behalf by the undersigned, thereuntoduly authorized.

 
| ** **                 | **155 EAST TROPICANA FINANCE  CORP.** |
|----------------------------|---------------------------------------|
|                       | (Registrant)                          |
|                       |                                  |
|                       |                                  |
|                       | By:                                   | /s/ Neil G. Kiefer |
| Date:  April 23, 2008 |                                  | Neil G. Kiefer |
|                       | Its:                                  | Chief Executive Officer |

 

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## **EXHIBIT INDEX**

 
| **Index  No.** | ** ** | **Description**                                                                                    |
|----------------|------------|----------------------------------------------------------------------------------------------------|
| 31.1           |       | Certification of Deborah J. Pierce under Section 302 of the  Sarbanes-Oxley Act of 2002       |
|           |       |                                                                                               |
| 31.2           |       | Certification of Neil G. Kiefer under Section 302 of the  Sarbanes-Oxley Act of 2002          |
|           |       |                                                                                               |
| 32.1           |       | Certification of Deborah J. Pierce pursuant to Section 906 of  the Sarbanes-Oxley Act of 2002 |
|           |       |                                                                                               |
| 32.2           |       | Certification of Neil G. Kiefer pursuant to Section 906 of the  Sarbanes-Oxley Act of 2002    |

 

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