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


                                 FORM 10-QSB


          QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                      SECURITIES EXCHANGE ACT OF 1934


               For the quarterly period ended June 30, 2002




                      Commission File Number: 0-17436



                    SPORTS ENTERTAINMENT ENTERPRISES, INC.
    -----------------------------------------------------------------
    (Exact name of small business issuer as specified in its charter)




         Colorado                                     84-1034868
-------------------------------             ---------------------------------
(State of other jurisdiction of             (IRS Employer Identification No.)
 incorporation or organization)


           6730 South Las Vegas Boulevard, Las Vegas, Nevada  89119
     --------------------------------------------------------------------
          (Address of principal executive offices including zip code)


                              (702) 798-7777
                        ---------------------------
                        (Issuer's telephone number)






Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the preceding 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___

As of August 14, 2002, 4,240,061 shares of common stock were outstanding.

Transitional Small Business Disclosure Format (check one): Yes___     No X





             SPORTS ENTERTAINMENT ENTERPRISES, INC. AND SUBSIDIARIES
                                FORM 10-QSB
                                   INDEX
                                                               Page Number
PART I:  FINANCIAL INFORMATION

Item 1.  Consolidated Financial Statements:

         Consolidated Balance Sheets
         June 30, 2002 and December 31, 2001                        3

         Consolidated Statements of Operations and
         Comprehensive Income (Loss)
         Three Months Ended June 30, 2002 and 2001                  5

         Consolidated Statements of Operations and
         Comprehensive Income (Loss)
         Six Months Ended June 30, 2002 and 2001                    6

         Consolidated Statements of Cash Flows
         Six Months Ended June 30, 2002 and 2001                    7

         Notes to Consolidated Financial Statements                 8

Item 2.  Management's Discussion and Analysis of
         Financial Condition and Results of Operations             11

PART II: OTHER INFORMATION

Item 1.  Legal Proceedings                                         14

Item 2.  Changes in Securities                                     14

Item 3.  Defaults Upon Senior Securities                           14

Item 4.  Submission of Matters to a Vote of Security Holders       14

Item 5.  Other Information                                         14

Item 6.  Exhibits and Reports on Form 8-K                          14

SIGNATURES                                                         15

















                                       2


             SPORTS ENTERTAINMENT ENTERPRISES, INC. AND SUBSIDIARIES
                         CONSOLIDATED BALANCE SHEETS

ASSETS
                                                   JUNE 30,     DECEMBER 31,
                                                     2002           2001
                                                 -----------    -----------
                                                 (UNAUDITED)
Current assets:
  Cash and cash equivalents                      $    67,168    $   165,004
  Marketable securities                                 -            79,010
  Accounts receivable                                 23,169         36,504
  Inventory                                          592,341        550,358
  Prepaid expenses and other                           1,514          2,507
                                                 -----------    -----------

     Total current assets                            684,192        833,383

Leasehold improvements and equipment, net             95,151        100,085
Due from affiliated stores                               698         12,192
Due from other related entities                      528,239        463,890
Other assets                                           8,870          9,068
                                                 -----------    -----------

     Total assets                                $ 1,317,150    $ 1,418,618
                                                 ===========    ===========





























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

                                       3


             SPORTS ENTERTAINMENT ENTERPRISES, INC. AND SUBSIDIARIES
                        CONSOLIDATED BALANCE SHEETS
                                    (CONTINUED)
LIABILITIES AND SHAREHOLDERS' EQUITY DEFICIENCY
                                                   JUNE 30,     DECEMBER 31,
                                                     2002           2001
                                                 -----------    -----------
                                                 (UNAUDITED)

Current liabilities:
  Accounts payable and accrued expenses              560,912        573,820
                                                 -----------    -----------

Due to affiliated stores                           1,013,405        966,237
Due to other related entities                           -            30,026
                                                 -----------    -----------

     Total liabilities                             1,574,317      1,570,083

Shareholders' equity deficiency:
  Series A Convertible Preferred Stock, no par
   value, 5,000,000 shares authorized; no
   shares issued                                        -              -
  Common Stock, no par value, 15,000,000 shares
   authorized, 4,240,061 and 4,067,549 shares
   issued and outstanding at June 30, 2002 and
   December 31, 2001, respectively                 6,114,590      6,107,700
  Additional paid-in capital                         268,300        268,300
  Accumulated other comprehensive income                -            47,234
  Accumulated deficit                             (6,640,057)    (6,574,699)
                                                 -----------    -----------

     Total shareholders' equity deficiency          (257,167)      (151,465)
                                                 -----------    -----------

     Total liabilities and shareholders'
      equity deficiency                          $ 1,317,150    $ 1,418,618
                                                 ===========    ===========



















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

                                       4


             SPORTS ENTERTAINMENT ENTERPRISES, INC. AND SUBSIDIARIES
           CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
               FOR THE THREE MONTHS ENDED JUNE 30, 2002 AND 2001
                                  (UNAUDITED)


                                                     2002          2001
                                                 -----------    -----------

Revenues                                         $   832,782    $   872,175
Cost of revenues                                     609,086        623,580
                                                 -----------    -----------
     Gross profit                                    223,696        248,595

Operating expenses:
  Selling, general and administrative                253,961        220,189
  Depreciation and amortization                        2,333          2,691
                                                 -----------    -----------
     Total operating expenses                        256,294        222,880
                                                 -----------    -----------

Operating income (loss)                              (32,598)        25,715

     Interest expense, net                           (17,728)       (21,615)
                                                 -----------    -----------

Income (loss) from continuing operations             (50,326)         4,100

DISCONTINUED OPERATIONS:
  Loss from disposal of discontinued segment            -          (316,263)
  Income (loss) from operations of discontinued
   component                                          33,094       (107,799)
                                                 -----------    -----------
Income (loss) from discontinued operations            33,094       (424,062)
                                                 -----------    -----------

     Net loss                                        (17,232)      (419,962)

Other comprehensive income:
  Unrealized holding gains on securities                 -           15,949
                                                 -----------    -----------
     Comprehensive loss                          $   (17,232)   $  (404,013)
                                                 ===========    ===========

NET INCOME (LOSS) PER SHARE:
  Basic and diluted:
    Income (loss) from continuing operations     $     (0.01)   $      0.00
    Income (loss) from discontinued operations          0.01          (0.10)
                                                 -----------    -----------
     Net income (loss) per share                 $      0.00    $     (0.10)
                                                 ===========    ===========




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

                                       5



             SPORTS ENTERTAINMENT ENTERPRISES, INC. AND SUBSIDIARIES
           CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
                  FOR THE SIX MONTHS ENDED JUNE 30, 2002 AND 2001
                                  (UNAUDITED)


                                                     2002          2001
                                                 -----------    -----------

Revenues                                         $ 1,469,289    $ 1,515,825
Cost of revenues                                   1,031,495      1,102,341
                                                 -----------    -----------
     Gross profit                                    437,794        413,484

Operating expenses:
  Selling, general and administrative                505,947        461,483
  Depreciation and amortization                        4,934          6,786
                                                 -----------    -----------
     Total Operating Expenses                        510,881        468,269
                                                 -----------    -----------

Operating loss                                       (73,087)       (54,785)

Other income (expense):
  Gain on sale of securities                          43,469           -
  Interest expense, net                              (35,740)       (46,613)
                                                 -----------    -----------
                                                       7,729        (46,613)
                                                 -----------    -----------
Loss from continuing operations                      (65,358)      (101,398)

DISCONTINUED OPERATIONS:
  Loss from disposal of discontinued segment            -          (260,024)
  Loss from operations of discontinued component     (54,014)      (220,979)
                                                 -----------    -----------
Loss from discontinued operations                    (54,014)      (481,003)
                                                 -----------    -----------
     Net loss                                       (119,372)      (582,401)

Other comprehensive loss:
  Unrealized holding losses on securities                -          (10,516)
                                                 -----------    -----------
     Comprehensive loss                          $  (119,372)   $  (592,917)
                                                 ===========    ===========

NET LOSS PER SHARE:
  Basic and diluted:
    Loss from continuing operations              $     (0.02)   $     (0.02)
    Loss from discontinued operations                  (0.01)         (0.12)
                                                 -----------    -----------
     Net loss per share                          $     (0.03)   $     (0.14)
                                                 ===========    ===========



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

                                       6


             SPORTS ENTERTAINMENT ENTERPRISES, INC. AND SUBSIDIARIES
                    CONSOLIDATED STATEMENTS OF CASH FLOWS
                FOR THE SIX MONTHS ENDED JUNE 30, 2002 AND 2001
                                  (UNAUDITED)

                                                     2002          2001
                                                 -----------    -----------

CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss                                       $  (119,372)   $  (582,401)
    Adjustment to reconcile net loss to
     net cash used in operating activities
     of continuing operations:
      Loss from discontinued operations               54,014        481,003
      Depreciation and amortization                    4,934          6,786
      Gain on sale of securities                     (43,469)          -
      Common stock issued for services                 6,890           -
  Changes in operating assets and liabilities:
    (Increase) decrease in accounts receivable        13,335        (14,657)
    Increase in inventories                          (41,983)       (11,238)
    (Increase) decrease in prepaid expenses
      and other                                        1,191           (571)
    Increase (decrease) in accounts payable
      and accrued expenses                           (12,908)        42,064
                                                 -----------    -----------
     Net cash used in operating activities
       of continuing operations                     (137,368)       (79,014)
                                                 -----------    -----------
CASH FLOWS FROM INVESTING ACTIVITIES:
  Leasehold improvements expenditures                   -            (1,661)
                                                 -----------    -----------
CASH FLOWS FROM FINANCING ACTIVITIES:
  Increase (decrease) in due to affiliated
   stores and other related entities                  17,740       (272,409)
                                                 -----------    -----------
NET CASH PROVIDED BY DISCONTINUED OPERATIONS          21,792        148,339
                                                 -----------    -----------
NET DECREASE IN CASH AND CASH EQUIVALENTS            (97,836)      (204,745)

CASH AND CASH EQUIVALENTS, beginning of period       165,004        329,570
                                                 -----------    -----------

CASH AND CASH EQUIVALENTS, end of period         $    67,168    $   124,825
                                                 ===========    ===========










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

                                       7




SPORTS ENTERTAINMENT ENTERPRISES, INC. AND SUBSIDIARIES
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

1.  CONSOLIDATED FINANCIAL STATEMENTS

The accompanying unaudited consolidated financial statements include the
accounts of Sports Entertainment Enterprises, Inc. ("SPEA") a Colorado
corporation, and its subsidiary, LVDGT Rainbow, Inc. ("Rainbow")(collectively,
the "Company").  As of May 8, 2002, SPEA completed the spinoff of All-American
SportPark, Inc. ("AASP"), a publicly traded company, to SPEA shareholders of
record as of May 3, 2002.  Operations of AASP through May 8, 2002 have been
classified as "Income (loss) from operations of discontinued component"
pursuant to Statement of Financial Accounting Standards No. 144, Accounting
for the Impairment or Disposal of Long-lived Assets.   As a result of this
spinoff, SPEA no longer owns any interest in AASP.  All significant
inter-company accounts and transactions have been eliminated.

The accompanying financial statements have been prepared by the Company
pursuant to the rules and regulations of the Securities and Exchange
Commission relating to interim financial statements.  Accordingly, certain
information and footnote disclosures normally included in financial statements
prepared in accordance with generally accepted accounting principles have been
condensed or omitted.  In the opinion of management, all necessary adjustments
have been made to present fairly, in all material respects, the financial
position, results of operations and cash flows of the Company at June 30, 2002
and for all periods presented.

These consolidated financial statements should be read in conjunction with the
audited financial statements included in the Company's Annual Report on Form
10-KSB for the year ended December 31, 2001, from which the December 31, 2001
audited balance sheet was derived.

The Company's continuing operations consist of one Company-owned retail store
in Las Vegas, Nevada.

2.  EARNINGS PER SHARE AND SHAREHOLDER'S EQUITY (NOTE 5)

Basic and diluted loss per share is computed by dividing the reported net loss
from continuing operations and discontinued operations by the weighted average
number of common shares outstanding during the period. The weighted-average
number of common and common equivalent shares used in the calculation of basic
and diluted earnings per share were 4,119,890 and 4,067,549 for the six month
periods ended June 30, 2002 and 2001, respectively, and 4,171,656 and
4,067,549 for the three month periods ended June 30, 2002 and 2001,
respectively.

Prior to April 5, 2002, SPEA owned 2,000,000 shares of AASP common stock and
250,000 shares of AASP Series B convertible preferred stock; in total, this
represented approximately 66% ownership of AASP.  On April 5, 2002, SPEA
converted its preferred stock holdings in AASP into common stock on a 1 for 1
basis.

In May 2002, after Board of Directors approval, SPEA issued 129,250 shares of
its common stock to SPEA's Chief Financial Officer and an additional 43,000
shares of its common stock to a consultant in exchange for past services
rendered to the Company.  This transaction was valued using the closing market
price on or about the date the shares were issued.



                                       8

3.  RELATED PARTY TRANSACTIONS

The Company has transactions and relationships with (a) AASP and subsidiaries
("Related Entities"), (b) SPEA's President and his wholly owned golf retail
store in Las Vegas, Nevada (the "Paradise Store") and, (c) two golf retail
stores, both named Saint Andrews Golf Shop ("SAGS"), owned by the AASP's
President and his brother.  The Paradise Store and SAGS are referred to herein
as the "Affiliated Stores." The types of activities that are shared by these
entities are advertising, payroll and employee benefits, warehouse rent,
equipment leases, and miscellaneous office expenses. Costs are allocated to
each entity based on relative benefits received.

The Affiliated Stores purchased merchandise at the same cost as the Company.
Sales of merchandise made by the Paradise Store to the Company totaled $88,312
 and $84,635 for the quarters ended June 30, 2002 and 2001, respectively.  For
the same periods, the Paradise Store purchased $7,100 and $25,115,
respectively, in merchandise from the Company.  The Paradise Store and the
Company owned store share advertising costs equally.  The Company-owned
store's share of these advertising costs was $30,568 and $34,592 in the second
quarters of 2002 and 2001, respectfully.

The Company-owned Rainbow retail store has loans payable to the Company's
President ("Rainbow Loans") that bear interest at ten percent per annum on the
unpaid principal balance and are secured by inventory, furniture, fixtures and
equipment of the Rainbow Store.  The balances due on the Rainbow Loans are
$1,013,405 and $966,237, respectively, at June 30, 2002 and December 31, 2001.
Included in these balances is accrued interest payable of $389,925 and
$357,800, respectively.  These balances due are included under the caption
"Due to Affiliated Stores" in the accompanying consolidated balance sheets.
The Rainbow Store did not make any payments on these loans in 2002.  See Note
5 regarding SPEA's planned sale of the Rainbow Store.

Interest payments on the Rainbow Loans have been deferred since inception.
The Chairman has agreed to continue deferring payment of the accrued interest
until such time as the Company has adequate capital resources to service these
obligations.

4.  GOING CONCERN MATTERS

The accompanying consolidated financial statements have been prepared on a
going concern basis, which contemplates the realization of assets and the
satisfaction of liabilities in the normal course of business.

As discussed above, in May 2002, the Company completed a spinoff of AASP.  As
discussed in Note 5, subsequent to June 30, 2002, the Company's shareholders
approved the sale of the Company's remaining operating business, the Rainbow
retail store, to the Company's President in exchange for a reduction in debt
owed to the President through the Rainbow Store.  The effects of these two
transactions results in the Company having minimal assets, liabilities, and
operating activity leaving it, in substance, a public shell.  Also, since the
Company will have no ongoing revenue generating business, the Company will not
be able to pay its ongoing operating expenses without a cash infusion from
related or unrelated parties.  Management plans to solicit loans mostly from
related parties to fund such expenses until the Company's strategic objective
is attained.



                                       9


The Company's strategic objective is to seek out and pursue a public shell
merger transaction with a business enterprise that might have a desire to take
advantage of the Company's status as a public corporation. There is no
assurance that the Company will acquire a favorable business opportunity
through such a transaction. In addition, even if the Company becomes involved
in such a business opportunity, there is no assurance that it will generate
revenues or profits, or that the market price of the Company's common stock
will be increased thereby.

The consolidated financial statements do not include any adjustments relating
to the recoverability of assets and the classification of liabilities that
might be necessary should the Company be unable to continue as a going
concern.

5.     SUBSEQUENT EVENTS

On July 3, 2002, the Company's shareholders approved the sale of the Company's
subsidiary, LVDGT Rainbow, Inc., to the Company's President.  The purchase
price is $347,000 to be paid by reducing amounts owed by SPEA to Rainbow.  As
additional consideration, the Company's President agreed to forgive all
remaining amounts owed to Rainbow by SPEA as of the closing date which amounts
to approximately $200,000.

Also, on July 3, 2002, the Company's shareholders approved a one for two
reverse split of the outstanding shares of Common Stock, and approved an
amendment to the Company's Articles of Incorporation to increase the number of
shares of authorized Common Stock from 15,000,000 shares to 100,000,000.  The
reverse split became effective on July 16, 2002.  The reverse split has been
given retroactive effect in the accompanying financial statements and notes.




























                                       10



ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

     The following information should be read in conjunction with the
Company's consolidated financial statements and related footnotes included in
this report.

     Until the post June 30, 2002 sale of its remaining operations to its
President, (Note 5 to the consolidated financial statements), the Company's
continuing operations consisted of a golf and tennis retail store on Rainbow
Boulevard in Las Vegas, Nevada.

RESULTS OF OPERATIONS

     THREE MONTHS ENDED JUNE 30, 2002 AS COMPARED TO THE THREE MONTHS ENDED
JUNE 30, 2001

     REVENUES.  Revenues decreased 4.5% to $832,782 in 2002 compared to
$872,175 in 2001.  Although customer traffic for the retail store increased
3.4% in 2002 compared to 2001, the average customer purchase was down 4.7%.

     COST OF REVENUES.  Cost of revenues decreased 2.3% to $609,086 in 2002
compared to $623,580 in 2001.  Cost of revenues as a percentage of revenues
was 73.1 in 2002 and 71.5% in 2001.  The increase in 2002 relates to lower
pricing points to drive more business to the store which is reflected in the
higher customer counts and lower average purchase described above for
"REVENUES."

     SELLING, GENERAL AND ADMINISTRATIVE (SG&A).  These expenses consist
principally of administrative payroll, rent, professional fees and other
corporate costs.  These expenses increased 15.3% to $253,961 in 2002 compared
to $220,189 in 2001.  The increase is due mainly to higher professional,
legal, and investor relations costs related to the May 2002 spinoff of AASP,
the sale of the Rainbow retail store which was approved by the Company's
shareholders on July 3, 2002, and the transfer agent, printing and
distribution costs relating to these transactions and the shareholders'
meeting.

     INTEREST EXPENSE, NET.  Net interest expense decreased 18.0% to $17,728
in 2002 compared to $21,615 in 2001 due primarily to lower debt levels owed
the Company's President in 2002 compared to 2001.

     INCOME (LOSS) FROM CONTINUING OPERATIONS.  Loss from continuing
operations was $50,326 in 2002 compared to income from continuing operations
of $4,100 in 2001.  The difference is related to lower gross profit margin and
higher SG&A costs in 2002.

     SIX MONTHS ENDED JUNE 30, 2002 AS COMPARED TO THE SIX MONTHS ENDED JUNE
30, 2001

     REVENUES.  Revenues decreased 3.1% to $1,469,289 in 2002 compared to
$1,515,825 in 2001.  Although customer traffic for the retail store increased
7% in 2002 compared to 2001, the average customer purchase was down 5.4%.

     COST OF REVENUES.  Cost of revenues decreased 6.4% to $1,031,495 in 2002
compared to $1,102,341 in 2001.  Cost of revenues as a percentage of revenues
was 70.2% in 2002 72.7% in 2001.  The decrease in 2002 relates mainly to lower
overall labor costs due to the decrease in revenues.

                                       11

     SELLING, GENERAL AND ADMINISTRATIVE (SG&A).  These expenses consist
principally of administrative payroll, rent, professional fees and other
corporate costs.  These expenses increased 9.6% to $505,947 in 2002 compared
to $461,483 in 2001.  The increase is due mainly to higher professional,
legal, and investor relations costs related to the May 2002 spinoff of AASP,
the sale of the Rainbow retail store which was approved by the Company's
shareholders on July 3, 2002, and the transfer agent, printing and
distribution costs relating to these transactions and the shareholders'
meeting.

     INTEREST EXPENSE, NET.  Net interest expense decreased 23.3% to $35,740
in 2002 compared to $46,613 in 2001 due primarily to lower debt levels owed
the Company's President in 2002 compared to 2001.

     LOSS FROM CONTINUING OPERATIONS.  Loss from continuing operations was
$65,358 in 2002 compared to $101,398 in 2001.  The lower loss in 2002 is due
mainly to a one time gain on sale of securities realized in 2002 of $43,469.

LIQUIDITY AND CAPITAL RESOURCES

     The Company's current and expected sources of working capital are its
cash balances that were $67,168 at June 30, 2002.  Its operating cash flow
from the Rainbow retail store will no longer be available after the sale of
this store to the Company's President closes which is expected to be sometime
in the third quarter of 2002.  The sale of the Rainbow retail store to the
Company's President was approved by the Company's shareholders on July 3,
2002.

     The Rainbow retail store sale transaction will result in the Company
becoming a public shell having minimal assets, liabilities, and operating
activity.  Also, since the Company will have no ongoing revenue generating
business, the Company will not be able to pay its ongoing operating expenses
without a cash infusion from related or unrelated parties.  Management plans
to solicit loans mostly from related parties to fund such expenses until the
Company's strategic objective is attained.

     The Company's strategic objective is to seek out and pursue a public
shell merger transaction with a business enterprise that might have a desire
to take advantage of the Company's status as a public corporation. There is no
assurance that the Company will acquire a favorable business opportunity
through such a transaction.  In addition, even if the Company becomes involved
in such a business opportunity, there is no assurance that it will generate
revenues or profits, or that the market price of the Company's common stock
will be increased thereby.

     At this time, management does not intend to target any particular
industry but, rather, intends to judge any opportunity on its individual
merits.  Any such transaction will likely have a dilutive effect on the
interests of the Company's stockholders that will, in turn, reduce each
shareholders proportionate ownership and voting power in the Company.

     The Company has no commitments to enter into or acquire a specific
business opportunity and therefore can disclose the risks of a business or
opportunity that it may enter into in only a general manner, and cannot
disclose the risks of any specific business or opportunity that it may enter
into.  An investor can expect a potential business opportunity to be quite
risky.  Any business opportunity acquired may be currently unprofitable or
present other negative factors.

                                       12


     There are no planned material capital expenditures in 2002.

SPECIAL CAUTIONARY NOTICE REGARDING FORWARD-LOOKING STATEMENTS

     The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements.  Certain information included in this
Quarterly Report contains statements that are forward-looking such as
statements relating to plans for future expansion and other business
development activities, as well as other capital spending and financing
sources.  Such forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results in the
future and, accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of the Company.  These risks
and uncertainties include, but are not limited to, those relating to,
dependence on existing management, leverage and debt service (including
sensitivity to fluctuations in interest rates), domestic or global economic
conditions, changes in federal or state tax laws or the administration of such
laws, changes in regulations and application for licenses and approvals under
applicable jurisdictional laws and regulations.








































                                       13


                        PART II - OTHER INFORMATION

Item 1.  Legal Proceedings.  None.

Item 2.  Changes in Securities.  None.

Item 3.  Defaults Upon Senior Securities.  None

Item 4.  Submission of Matters to a Vote of Security Holders.  None.

Item 5.  Other Information.  None.

Item 6.  Exhibits and Reports on Form 8-K.

(a)     Exhibits.

None.

(b)     Reports on Form 8-K.

The Company filed a report on Form 8-K dated May 8, 2002 reporting information
under Items 2 and 7 of that Form concerning the Company's spinoff of its
All-American SportPark subsidiary.  No other reports on Form 8-K were filed
during the quarter ended June 30, 2002.



































                                       14


                                  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 thereunto duly authorized.


                                SPORTS ENTERTAINMENT ENTERPRISES, INC.


Date:  August 14, 2002          By:/s/ Voss Boreta
                                   Voss Boreta, President and
                                   Chief Executive Officer


Date:  August 14, 2002          By:/s/ Kirk Hartle
                                   Kirk Hartle, Chief Financial Officer



                 CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND
                          CHIEF FINANCIAL OFFICER OF
                     SPORTS ENTERTAINMENT ENTERPRISES, INC.
                      PURSUANT TO 18 U.S.C. SECTION 1350

     We certify that, to the best of our knowledge, the Quarterly Report on
Form 10-QSB of Sports Entertainment Enterprises, Inc. for the period ended
June 30, 2002:

     (1)     Complies with the requirements of Section 13(a) or 15(d) of the
Securities Exchange Act of 1934; and

     (2)     The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operations of Sports
Entertainment Enterprises, Inc.



/s/ Vaso Boreta                          /s/ Kirk Hartle
Vaso Boreta                              Kirk Hartle
Chief Executive Officer                  Chief Financial Officer
August 14, 2002                          August 14, 2002