UNITED STATES
        SECURITIES AND EXCHANGE COMMISSION

          Washington, D.C. 20549

             FORM 10-QSB

[X]   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
      OF THE SECURITIES AND EXCHANGE ACT OF 1934
      For the Quarter ended March 31, 2004

[ ]   TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
For the transition period        to
                             ----    ----

   Commission file number - 0-50187


              GAMING VENTURE CORP., U.S.A.
     Exact name of Registrant as specified in its charter)

    NEVADA                                    86-0883289
(State or other
 jurisdiction of                           (I.R.S. Employer
incorporation or organization            Identification Number)

801 Pascack Road
 Paramus, NJ                                        07652
 (Address of principal executive offices)          (Zip Code)

                         (201) 599-8484
         (Registrant's telephone number, including area code)

Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities and
Exchange Act of 1934 during the preceding twelve months (or such
shorter period that the Registrant was required to file such reports),
and (2) has been subject to file such filing requirements for the past
thirty days.

Yes    x      No
    ------       ------

Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the close of the period covered by this
report:

6,514,427 Shares of Common Stock
  ($.001 par value)

Transitional Small Business Disclosure Format (check one):
    Yes           No    x
       -------       -------



<PAGE>2

     Gaming Venture Corp., U.S.A.


PART I:        Financial Information

ITEM 1 - Financial statements

ITEM 2 - Management's discussion and analysis of
         financial condition and results of
         operations

ITEM 3 - Controls and Procedures

PART II:      Other Information

ITEM 6 - Exhibits and Reports on Form 8-K








<PAGE>3
                       PART I

Item 1. Financial Statements:

                      GAMING VENTURE CORP., U.S.A.
                        CONDENSED BALANCE SHEET
                             MARCH 31, 2004
                               (UNAUDITED)

                                 ASSETS
                                 ------
Current assets
  Cash                                                     $  448,826
  Accounts receivable                                          12,558
  Investment in marketable securities                          93,970
                                                           ----------
    Total current assets                                      555,354

Property and equipment - at cost, less accumulated
  depreciation                                                  6,350
                                                           ----------
                                                           $  561,704
                                                           ==========

                  LIABILITIES AND SHAREHOLDERS' EQUITY
                  ------------------------------------
Current liabilities
  Accounts payable and accrued expenses                    $    3,263
  Deferred revenues                                            93,527
                                                           ----------
    Total current liabilities                                  96,790
                                                           ----------

Shareholders' equity
  Common stock, $.001 par value; 50,000,000 shares
   authorized, 6,514,427 shares issued and outstanding          6,514
  Additional paid-in capital                                1,324,045
  Accumulated unrealized loss on investments                 (165,724)
  Accumulated deficit                                        (699,921)
                                                           ----------
                                                              464,914
                                                           ----------
                                                           $  561,704
                                                           ==========





The accompanying notes are an integral part of these condensed financial
statements.




<PAGE>4
                      GAMING VENTURE CORP., U.S.A.
                    CONDENSED STATEMENT OF OPERATIONS
                THREE MONTHS ENDED MARCH 31, 2004 AND 2003
                               (UNAUDITED)

                                                 2004         2003
                                              ----------   ----------
Revenues
  Subscriptions                               $   56,665   $   43,467
  Consulting                                      20,100       22,500
  Other                                            1,049        2,534
                                              ----------   ----------
    Total revenues                                77,814       68,501

Cost of revenues                                  23,199       16,694
                                              ----------   ----------
    Gross profit                                  54,615       51,807

General and administrative expenses               73,760       79,583
                                              ----------   ----------
                                                 (19,145)     (27,776)

Other income (expense)
  Realized gain (loss) on marketable securities   13,358       (5,020)
  Other                                              714            -
                                              ----------   ----------
                                                  14,072       (5,020)

    Net loss                                  $   (5,073)  $  (32,796)
                                              ==========   ==========

Basic and diluted loss per share              $    (0.00)* $   (0.005)
                                              ==========   ==========

Shares used in calculation of loss per share   6,514,427    6,514,427
                                              ==========   ==========

*Amount is less than $.005





The accompanying notes are an integral part of these condensed financial
statements.




<PAGE>5
                      GAMING VENTURE CORP., U.S.A.
                CONDENSED STATEMENT OF COMPREHENSIVE LOSS
                THREE MONTHS ENDED MARCH 31, 2004 AND 2003
                               (UNAUDITED)

                                                 2004         2003
                                              ----------   ----------
Net loss                                      $   (5,073)  $  (32,796)
                                              ----------   ----------

Reclassification adjustments for (gains)
  losses included in net loss                     (9,100)         561

Unrealized gain on investments                     5,261        6,159
                                              ----------   ----------
Other comprehensive income (loss)                 (3,839)       6,720
                                              ----------   ----------
Comprehensive loss                            $   (8,912)  $  (26,076)
                                              ==========   ==========





The accompanying notes are an integral part of these condensed financial
statements.




<PAGE>6
                      GAMING VENTURE CORP., U.S.A.
                    CONDENSED STATEMENT OF CASH FLOWS
                THREE MONTHS ENDED MARCH 31, 2004 AND 2003
                               (UNAUDITED)

                                                 2004         2003
                                              ----------   ----------
Cash flows from operating activities          $   (9,681)  $   (7,492)

Cash flows from investing activities              16,358       22,250
                                              ----------   ----------

Net increase in cash                               6,677       14,758

Cash, beginning of period                        442,149      431,745
                                              ----------   ----------

Cash, end of period                           $  448,826   $  446,503
                                              ==========   ==========





The accompanying notes are an integral part of these condensed financial
statements.





<PAGE>7

                     GAMING VENTURE CORP., U.S.A.
                 NOTES TO CONDENSED FINANCIAL STATEMENTS
                               (UNAUDITED)


1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization

     Gaming Venture Corp., U.S.A. was incorporated on June 1, 1995 in
the State of Nevada.  The operations and objectives of the Company are
to provide various types of gaming reports and newsletters regarding
the gaming and hospitality industries.  The Company also provides
consulting and advisory services to the gaming and hospitality
industries.

     On April 3, 1998, Casino Journal Publishing Group, Inc. ("CJPG")
and its combined affiliates merged with Gaming Venture Corp., U.S.A.
("Gaming" or the "Company"), a Nevada corporation.  CJPG and its
combined affiliates became wholly owned subsidiaries of Gaming, the
legal acquirer.  As the shareholders of CJPG and its combined
affiliates acquired 65% of Gaming's outstanding voting shares, the
merger was accounted for as a reverse acquisition of Gaming by CJPG,
the accounting acquirer in the transaction.  Simultaneous with the
acquisition, Gaming changed its name to CJPG.

On January 3, 2003, the board of directors of Casino Journal approved
the spin-off of one of its subsidiaries, Gaming Venture Corp., U.S.A.,
as a separate company on a basis of one share of Gaming Venture for
three shares of Casino Journal owned as of the record date. The record
date was April 1, 2003 and the initial distribution was made on April
30, 2003, the pay date.   No fractional shares were issued prior to the
adjustment of the distribution ratio.  The terms of this spin-off
arrangement were amended on May 13, 2003 to provide for a pro-rata
distribution of one share of Gaming Venture for each share of Casino
Journal owned as of the record date.   No fractional shares were
issued.   The additional shares required to provide for a pro-rata
distribution were sent to the shareholders on June 25, 2003.   No cash
payments were made or received in connection with either the initial
spin-off distributions or the distributions completed to achieve a pro
rata distribution.   Because the common shares distributed in the spin-
off were initially not on a pro-rata basis and the pay date was prior
to completion of the Form 10-SB, the exemption from registration
provided by Staff Legal Bulletin No. 4 is not available and Gaming may
have violated Section 5 of the Securities Act of 1933.  The
accompanying statement of operations for the three months ended March
31, 2003 was retroactively adjusted to reflect the spin-off as if it
had occurred as of January 1, 2001.  The Company increased the number
of outstanding Gaming shares from 1,664,000 to 6,519,427 and adjusted
the par value of common stock and additional paid-in capital by $4,855
as a result of the increased shares.




<PAGE>8

Comprehensive Income (Loss)

     Comprehensive income (loss) is the total of (1) net income (loss)
plus (2) all other changes in net assets arising from nonowner sources,
which are referred to as other comprehensive income (loss).  Other
comprehensive income (loss) consists of net unrealized (gains) losses
from marketable securities and reclassification adjustments for
reconciliation of previously unrealized losses. The Company has
presented a separate statement of comprehensive loss.


2 - BASIS OF PRESENTATION

     The condensed financial statements have been prepared in
accordance with generally accepted accounting principles for interim
financial information and applicable rules and regulations of the
Securities and Exchange Commission.  They do not include all of the
information and footnotes required by generally accepted accounting
principles for complete financial statements.  In the opinion of
management, all adjustments (consisting primarily of normal recurring
adjustments) considered necessary for a fair presentation have been
included.  The results of operations for the periods presented are not
necessarily indicative of the results to be expected for the full year.
The accompanying financial statements should be read in conjunction
with the Company's audited financial statements, Form 10KSB for the
year ended December 31, 2003.


3 - PER SHARE DATA

     Basic income (loss) per share is computed by dividing the net
income (loss) by the weighted average number of shares of common stock
outstanding during the periods.  Diluted income per share is computed
by dividing the net income by the weighted average number of shares of
common stock, stock warrants and options outstanding during the period.
The Company had no stock options and warrants outstanding for the three
months ended March 31, 2004 and 2003.


4 - CONCENTRATION OF CREDIT RISK

     At March 31, 2004, the Company maintained cash balances in banks
and brokerage firms.  Balances are insured up to $100,000 by the
Federal Deposit Insurance Corporation.  At times, balances may exceed
such insurance limits.  The Company believes it mitigates its risk by
banking with major financial institutions.


5 - INVESTMENT IN AVAILABLE-FOR-SALE SECURITIES

     Investments, consisting of marketable equity securities, are
classified as available-for-sale securities and are carried at fair
value.  Unrealized gains and losses are reported as a separate
component of shareholders' equity, net of applicable income taxes. The
Company calculates its gains (losses) on the sale of marketable

<PAGE>9

securities on a first-in, first-out basis.  Net unrealized gains at
March 31, 2004 and 2003 were $5,261 and $6,159, respectively. These
unrealized gains and losses are presented as other comprehensive income
(loss) and as a component of stockholders' equity.

6 - INCOME TAXES AND DEFERRED INCOME TAXES

     The Company applies the asset and liability method of accounting
for income taxes.  Under the asset and liability method, deferred tax
assets and liabilities are recognized for the estimated future tax
consequences attributable to differences between the financial
statement carrying amounts of existing assets and liabilities and their
respective tax bases.  Deferred tax assets and liabilities are measured
using the enacted tax rates in effect for the year in which those
temporary differences are expected to be settled or recovered.

     At March 31, 2004, the Company had a net operating loss
carryforward of approximately $565,000 available to reduce its future
Federal taxable income, if any, through 2023.  The Company recorded a
valuation allowance for the entire net operating loss carryforward due
to the uncertainty of realizing any related tax benefits.


7 - RELATED PARTY TRANSACTIONS

     The Company leases an office facility from its officer under a
five-year lease which began on January 1, 2001.  Total related party
rent expense was $6,000 for each of the three months ended March 31,
2004 and 2003.

     Approximate future minimum lease payments at March 31, 2004 are as
follows:

                   Period Ending
                     March 31,
                   -------------

                       2005                   $   18,000


8 - REPORTABLE SEGMENTS

     The Company applies Statement of Financial Accounting Standards
No. 131, "Disclosures about Segments of an Enterprise and Related
Information" (SFAS No. 131).  This statement establishes standards for
the reporting of information about operating segments in annual and
interim financial statements and requires restatement of prior year
information.  Operating segments are defined as components of an
enterprise for which separate financial information is available that
is evaluated regularly by the chief operating decision maker(s) in
deciding how to allocate resources and in assessing performance.  SFAS
No. 131 also requires disclosures about products and services,
geographic areas and major customers.

<PAGE>10

     The Company has two reportable segments, newsletter and gaming
subscriptions and consulting services.  All revenues generated in the
segments are external.  For the three months ended March 31, 2004 and
2003, the total reportable segment information is as follows:
<TABLE>
<CAPTION>
                                 Newsletter
                                 and Gaming   Consulting   Corporate/   Total As
                               Subscriptions   Services      Other      Reported
                                 ----------   ----------   ----------   ----------

                              <c>          <c>          <c>          <c>
For the three months ended
March 31, 2003:

Reportable segments
  External revenues              $   43,467   $   22,500   $    2,534   $   68,501
  Depreciation and amortization       2,035        1,054            -        3,089
  Operating loss                    (22,580)      (5,196)           -      (27,776)
  Assets                             12,397        6,547      854,916      873,860


                                 Newsletter
                                 and Gaming   Consulting   Corporate/   Total As
                               Subscriptions   Services      Other      Reported
                                 ----------   ----------   ----------   ----------
For the three months ended
March 31, 2004:

Reportable segments
  External revenues              $   56,665   $   20,100   $    1,049   $   77,814
  Depreciation and amortization         715          253            -          968
  Operating loss                    (16,631)      (2,514)           -      (19,145)
  Assets                              7,968        4,209      549,527      561,704
</TABLE>


Products and Services Revenues

     The table below presents external revenues for groups of similar
products and services for the three months ended March 31, 2004 and
2003.

                                                 2003         2002
                                              ----------   ----------
Newsletter and gaming subscriptions           $   56,665   $   43,467
Consulting                                        20,100       22,500
Other                                              1,049        2,534
                                              ----------   ----------
                                              $   77,814   $   68,501
                                              ==========   ==========

     The segments of the Company are operating in, and derived their
revenues in, the United States.


<PAGE>11

Item  2.  Management's Discussion and Analysis of Financial Condition
and Results of Operations:

Trends and Uncertainties.  Demand for Gaming Venture's future products
and services will be dependent on, among other things, market
acceptance of Gaming Venture's concept, our proposed operations and
general economic conditions that are cyclical in nature.   Inasmuch as
a major portion of our activities are the revenues generating from the
sale of our newsletters, Gaming Venture's business operations may be
adversely affected by competitors and prolonged recessionary periods.

On April 3, 1998, Casino Journal Publishing Group, Inc. and its
combined affiliates merged with Gaming Venture Corp., U.S.A., a Nevada
corporation.   Casino Journal and its combined affiliates became wholly
owned subsidiaries of Gaming Venture, the legal acquiror.   As the
shareholders of Casino Journal and its combined affiliated acquired 65%
of Gaming's outstanding voting shares, the merger was accounted for as
a reverse acquisition of Gaming Venture by Casino Journal, the
accounting acquiror in the transaction.   Simultaneous with the
acquisition, Gaming Venture Corp., U.S.A. changed its name to Casino
Journal Publishing Group while the Gaming Venture's West, Inc.
subsidiary changed its name to Gaming Venture Corp., U.S.A.

On January 3, 2003, the board of directors of Casino Journal approved
the spin-off of one of its subsidiaries, Gaming Venture Corp., U.S.A.,
as a separate company on a basis of one share of Gaming Venture for
three shares of Casino Journal owned as of the record date. The record
date was April 1, 2003 and the initial distribution was made on April
30, 2003, the pay date.   No fractional shares were issued prior to the
adjustment of the distribution ratio.  The terms of this spin-off
arrangement were amended on May 13, 2003 to provide for a pro-rata
distribution of one share of Gaming Venture for each share of Casino
Journal owned as of the record date.   No fractional shares were
issued.   The additional shares required to provide for a pro-rata
distribution were sent to the shareholders on June 25, 2003.   No cash
payments were made or received in connection with either the initial
spin-off distributions or the distributions completed to achieve a pro
rata distribution.

Due to the fact that the common shares distributed in the spin-off was
initially not on a pro-rata basis and the pay date was prior to
completion of the Form 10-SB, the exemption from registration provided
by Staff Legal Bulletin No. 4 is not available and Gaming Venture may
have violated Section 5 of the Securities Act of 1933.

Gaming Venture has incurred accumulated losses of $699,921 through
March 31, 2004.  It also has annual operating costs of approximately
$300,000 and currently has insufficient revenues to mitigate these
operating losses.  Gaming Venture plans to increase revenues by
increased newsletter sales, new newsletters catered to different
hospitality industries such as restaurants and timeshare, and
additional regional newsletters for the lodging industry.
Historically, Gaming Venture launched a new publication every two



<PAGE>12

years, resulting in a 20% increase in revenue.  The last new
publication launched was the Daily Lodging Report - Asia Pacific in
February 2000.

Gaming Venture also plans to expand the consulting business to the
lodging industry along with expansion of gaming clients.   Management
is in discussions with other hotel consulting companies to form
partnerships on consulting contracts.   Gaming Venture is proposing to
provide investor communication services to the hotel companies and
assist on financial consulting in return for a portion of the retainer
fee.   Management has held very preliminary discussions with certain
hotel consulting companies and public relations firms with hotel
company clients.   The discussions have been general on possible
working together in the future on some mutual clients.   There has been
no further progress on this as management has been focusing on existing
operations and completion of the spin-off.

Capital and Source of Liquidity.

For the three months ended March 31, 2004, Gaming Venture received
proceeds from the sale of marketable securities of $16,358.

For the three months ended March 31, 2003, Gaming Venture received
proceeds from the sale of marketable securities of $22,250.

For the three months ended March 31, 2004 and 2003, Gaming Venture did
not have any financing activities.

Results of Operations.

Gaming Venture had net losses of $5,073 and $32,796 for each of the
three months ended March 31, 2004 and 2003, respectively.   The
significant decrease in net loss from the three months ended March 31,
2003 to the three months ended March 31, 2004 was mainly due to
decreased legal and accounting costs related to the completion of the
spin-off.

For the three months ended March 31, 2004, Gaming Venture had revenues
from subscriptions of $56,665, consulting of $20,100 and other revenue
of $1,049 with costs of revenues of $23,199.   Gross profit for the
three months ended March 31, 2004 was $54,615.

For the three months ended March 31, 2003, Gaming Venture had revenues
from subscriptions of $43,467, consulting of $22,500 and other revenue
of $2,534 with costs of revenues of $16,694.   Gross profit for the
three months ended March 31, 2003 was $51,807.

For the three months ended March 31, 2004, the increase in
subscriptions revenue of newsletters circulation of approximately
$13,000 and consulting revenue of approximately $2,400 from March 31,
2003 was mainly due to an increase in subscriptions and less consulting
business.   Portions of the payroll, payroll taxes, employee benefits
and telephone expense were allocated to the cost of revenues based on



<PAGE>13

the percentage of time spent by the employee in connection with
generating revenues for the three months ended March 31, 2004 and 2003,
respectively.

General and administrative expenses for 2004 were decreased to $73,760
compared to $79,583 in 2003.   This was due to a decrease in legal and
accounting fees to effectuate the spin-off in connection with the
preparation of the SEC filings and increased consulting.   The general
and administrative expense for 2004 and 2003 consisted of mainly
salaries and related expenses, rent, investor relation expense and
professional fees.

For the three months ended March 31, 2004, Gaming Venture realized a
gain on marketable securities of $13,358.   For the three months ended
March 31, 2003, Gaming Venture realized a loss on marketable securities
of $5,020.

For the three months ended March 31, 2004, Gaming Venture had an
increase in accounts receivable of $2,820.   Deferred subscription
revenues increased by $10,602 as a result of the increase in its
newsletter subscriptions.   Gaming Venture had depreciation and
amortization of $968.   Net cash used in operations for the three
months ended March 31, 2004 was $9,681.

For the three months ended March 31, 2003, Gaming Venture had an
increase in accounts receivable of $3,405.   Deferred subscription
revenues increased by $3,362 from the increase in its newsletter
subscriptions.   Gaming Venture had depreciation and amortization of
$3,090.   Gaming Venture had other non-cash adjustments of $17,237.
Net cash used in operation for the three months ended March 31, 2003
was $7,492.

Critical Accounting Policies.
    Revenue Recognition
Gaming Venture has two types of revenues, subscription revenue on
newsletters for gaming and lodging industries and consulting income on
gaming related business.  Gaming Venture recognizes the revenue from
newsletter subscriptions when they are delivered to subscribers.  Any
unfilled subscriptions are accounted for as deferred revenues.

Consulting revenue related to contracts with a short duration, are
recognized as income upon the completion of services.  Gaming Venture
occasionally receives marketable securities in exchange for consulting
services.  These transactions are valued at the quoted market price on
the applicable securities exchange on the date consulting contracts are
signed.  Gaming Venture retains all rights and title of the securities
received.

    Investment in Available for Sale Securities
Gaming Venture accounts for the marketable securities as available for
sale securities in accordance with SFAS 115, "Accounting for Certain
Investments in Debt and Equity Securities."  Gaming Venture acquires
its securities for cash or for consulting services rendered.  Gaming



<PAGE>14

Venture does not intend to trade its securities with the objective of
generating profits based on short-term differences in price, but sells
the securities to generate cash for operations.

New Accounting Pronouncement

In January 2003, the Financial Accounting Standards Board ("FASB")
issued FASB Interpretation No. 46, "Consolidation of Variable Interest
Entities" ("FIN 46").  FIN 46 is applicable immediately for variable
interest entities created after January 31, 2003.  For variable
interest entities created before February 1, 2003, the provisions of
FIN 46 were originally are applicable no later than July 1, 2003.   In
December 2003, the FASB deliberated certain proposed modifications and
revised FIN 46 ("FIN 46 (R)").   The revised provisions are applicable
to SB filers no later than the first reporting period ending after
December 15, 2004.   The adoption of FIN 46(R) is not anticipated to
have a material impact on Gaming Venture's financial reporting.

Item 3. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Our management, under the supervision and with the participation of our
chief executive officer, conducted an evaluation of our "disclosure
controls and procedures" (as defined in Securities Exchange Act of 1934
(the "Exchange Act") Rules 13a-14(c)).  Based on his evaluation, our
chief executive officer and chief financial officer have concluded that
as of the Evaluation Date, our disclosure controls and procedures are
effective to ensure that all material information required to be filed
in this quarterly report on Form 10QSB has been made known to him in a
timely fashion.

Changes in Internal Controls

There have been no significant changes (including corrective actions
with regard to significant deficiencies or material weaknesses) in our
internal controls or in other factors that could significantly affect
these controls subsequent to the Evaluation Date set forth above.



<PAGE>15

                             PART II


Item 6. Exhibits and Reports on Form 8-K

(a)   Exhibits (numbered in accordance with Item 601 of Regulation S-K)

          Exhibit 31 - 302 Certification
          Exhibit 32 - 906 Certification

(b)   Reports on Form 8-K

None




<PAGE>16

                      SIGNATURE

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 thereunto duly authorized.




Date: May 13, 2004
                        /s/Alan Woinski
                        ------------------------
                        Alan Woinski, President