U. S. SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                AMENDMENT NO. 1
                                      TO
                                FORM 10-QSB/A-1
(Mark One)
[ X ]     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
          EXCHANGE ACT OF 1934
               For the quarterly period ended September 30, 1996

[  ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934
      For the transition period from               to
                                      ----------       ----------
                        Commission file number 0-15415

                             GLOBAL CASINOS, INC.
                             --------------------
       (Exact Name of Small Business Issuer as specified in its Charter)

      Utah                                               84-0340206
      ----                                               ----------
(State or other jurisdiction                          (I.R.S. Employer    
of incorporation or organization)                      Identification No.) 

       1777 South Harrison Street, The Skydeck, Denver, Colorado  80210
       ----------------------------------------------------------------
                   (Address of Principal Executive Offices)

                                (303) 756-3777
                                --------------
                          (Issuer's telephone number)
              --------------------------------------------------
             (Former name, former address and former fiscal year, 
                         if changed since last report)

Check whether the Issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the Registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days. Yes X  No   
                                                                      ---   --
               APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                 PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Check whether the Registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court.      Yes         No        
                                                       -----      -----

As of October 24, 1996, 13,062,635 shares of Common Stock of the Issuer were
outstanding.

Transitional Small Business Disclosure Format   Yes / /    No /X/


<PAGE>
<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.


                                   GLOBAL CASINOS, INC.



Dated:         11/18/96            By: /s/ Stephen G. Calandrella
           ----------------        ------------------------------
                                        Stephen G. Calandrella 
                                          Interim President



Dated:         11/18/96            By: /s/ Pete Bloomquist
           ----------------        ------------------------------    
                                        Pete Bloomquist
                                          Chief Financial Officer