SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

(X) QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED June 30, 2001

OR

( ) TRANSITION REPORT PURSUANT TO SECTION 13 or 15 (d) OF THE SECURITIES
    EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _____________

Commission file number  0-22622

CREATOR CAPITAL LIMITED
(Exact name of registrant as specified in its charter)

          BERMUDA                              98-0170199
(State or other Jurisdiction of            (I.R.S. Employer
Incorporation or Organization)          Identification Number)

Cedar House, 41 Cedar Street
Hamilton HM 12, Bermuda
(Address of principal executive offices)

(604) 947-2555
(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 Exchange
Act of 1934 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 _____

The registrant had 87,782,611 shares of common stock outstanding as
of June 30, 2001.

Exhibit index is located on page 13.




CREATOR CAPITAL LIMITED

INDEX



PART I. FINANCIAL INFORMATION	PAGE

Item 1. Consolidated Financial Statements

Consolidated Balance Sheets
- June 30, 2001 and December 31, 2000 	3

Consolidated Statements of Operations - Three Months
ended June 30, 2001and June 30, 2000	4

Consolidated Statements of Operations -
Six Months ended June 30, 2001 and June 30, 2000	4

Consolidated Statements of Cash Flows -
Six Months ended June 30, 2001 and June 30, 2000	5

Consolidated Statement of Shareholders' Equity (Deficit) 	6

Notes to Consolidated Financial Statements 	7


Item 2. Management's Discussion and Analysis of
Financial Condition and Results of Operations	10


PART II. OTHER INFORMATION

Item 6.(a) Exhibits	13





PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

CREATOR CAPITAL LIMITED AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(UNAUDITED)

ASSETS

June 30

 June 30,

 December
31,

2001

2000

2000
Current Assets
     Cash and cash equivalents
$     111,887


$       85,526

$       74,314
Accounts and notes receivable
177,450

128,765

161,900
     Prepaid expenses
           Total current assets
106,337

109,655

76,755

395,674

323,946

312,969

Furniture, fixtures and equipment, at cost
448,984

443,936

451,175
     Less:  accumulated depreciation
(331,865)

(249,094)

(293,222)
          Furniture, fixtures and equipment, net
117,119

194,842

157,953

      Website
11,825

-

-
     Game software (net of amortization)
-

280,848

140,425

Goodwill (net of amortization)
-

273,649

17,103
          Total assets
$    524,618

$  1,073,285

$    628,450

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities
Accrued Dividends
795,448

732,962

878,454
Accounts payable and accrued expenses
     Notes Payable, Current Liabilities
273,893
18,000

196,864
18,000

244,168
18,000
          Total current liabilities

1,087,341

947,826

1,140,622
     Notes Payable, Long Term
66,322

59,452

67,822

1,153,663

1,007,278

1,208,444

Shareholders' equity
     Class A preferred shares, $0.01 par value, authorized
        - 3,000 shares, outstanding - 2,237 shares
22

22

22
     Class B preferred shares, $0.01 par value, authorized
     - 5,000,000shares, outstanding - 2,075 and 2,662 shares
21

21

21
     Common shares, $0.01 par value authorized - 100,000,000
      shares; outstanding 87,782,611 and 24,367,414 shares
990,252

500,000

500,000
     Additional paid-in-capital
65,296,772

65,616,313

65,616,313
     Accumulated deficit
(66,916,091)

(66,050,349)

(66,696,350)

(629,045)

66,007

(579,994)
           Total liabilities and shareholders' equity
$     524,618

$    1,073,285

$    628,450


CREATOR CAPITAL LIMITED AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)


Three Months Ended June 30,

Six Months Ended June 30,

2001

2000

2001

2000

Revenue
$    144,385

$    139,595

$    295,595

$    267,475

Operating Expenses
     Depreciation and amortization
70,212

221,198

201,222

442,397
     Consulting and contract labor
24,500

17,396

57,012

36,793
     General and administrative
40,778

46,561

84,756

77,426
     Legal
--

2,539

2,119

9,557
     Marketing
5,068

--

5,068

400
     Sky Play Management
44,000

36,000

80,000

48,000

184,558

323,694

430,177

614,573

Other (Income) and Expense







     Interest income
 (1,116)

 (1,103)

(1,581)

 (1,504)

Net Income (loss)
($    39,057)

($    182,996)

($    133,001)

($    345,594)

BASIC AND DILUTED LOSS PER SHARE
Numerator for basic and diluted loss per share:
     Net Income (loss)
(39,057)

(182,996)

(133,001)

(345,594)
     Preferred stock dividends
(86,740)

(81,399)

(86,740)

(167,742)
     Gain (loss) to common shareholders
($    125,797)

($    264,395)

(219,741)

($    513,336)

Denominator for basic and diluted loss per share:







     Weighted average shares outstanding
50,583,529

50,000,000

50,583,529

50,000,000

Net loss per share
$         0.002

$         0.005

$         0.004

$         0.010




CREATOR CAPITAL LIMITED AND SUBSIDIARIES
STATEMENTS OF CASH FLOW
(UNAUDITED)


 Six Months

 Six Months

 Ended

 Ended

 June 30,

 June 30,

2001

2000

OPERATING ACTIVITIES
 Net Loss
$  (133,001)

$  (345,594)
Reconciliation of net loss to net cash used in operating activities:



     Depreciation and amortization
201,222

442,397
     Other


--
     Changes in assets/liabilities: (excluding effect of acquisition)



          Accounts receivable
(15,550)

(36,284)
          Prepaid expenses
(29,582)

(20,549)
          Accounts payable and accrued expenses
(53,281)

174,653
               Net cash provided by (used in) operating activities
(30,192)

214,623

INVESTING ACTIVITIES
       Website
(11,825)

--
     (Purchases) sales of property and equipment
(2,860)

3,730
               Net cash provided by (used in) investing activities
(14,685)

3,730

FINANCING ACTIVITIES



      Conversion of preferred shares to common shares
170,690

--
     Payment of preferred stock dividends
(86,740)

(167,742)
     Notes payable
(1,500)

( 21,870)
               Net cash provided by (used in) financing activities
82,450

(189,612)



Net increase (decrease) in cash
37,573

28,741

Cash, beginning of period
74,314

56,785

Cash, end of period
111,887

$        85,526




CREATOR CAPITAL LIMITED AND SUBSIDIARIES
Consolidated Statement of Shareholders' Equity (Deficit)
For the Six Months Ended June 30, 2001


	June 30	June 30
	2001	2000

Balance, December 31, 2000 (1999) 	66,696,350	$65,537,013

Current Period's Accruing 	133,001	345,594

Preferred Stock Dividends  	         86,740	       167,742

Balance, end of Period	$66,916,091	$66,050,349



CREATOR CAPITAL LIMITED AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


NOTE 1 - NATURE OF OPERATIONS

The consolidated financial statements of Creator Capital Limited
and Subsidiaries ("CCL" or the "Company") included herein have been
prepared pursuant to the rules and regulations of the Securities
and Exchange Commission ("SEC").  In management's opinion, these
financial statements include all adjustments, consisting only of
normal recurring adjustments, necessary for a fair presentation of
the results of operations for the interim periods presented.
Pursuant to SEC rules and regulations, certain information and
footnote disclosures normally included in financial statements
prepared in accordance with generally accepted accounting principles
have been condensed or omitted from these statements unless significant
changes have taken place since the end of the most recent fiscal year.
For this reason, the consolidated financial statements and notes thereto
should be read in conjunction with the financial statements and notes
included in the Company's Annual Report on Form 10-K for the year
ended December 31, 2000.

The Company is a Bermuda exempted company, which, on September 27,
2000 changed its name to Creator Capital Limited, and in June 1997,
changed its name to Interactive Entertainment Limited ("IEL") from
Sky Games International, Ltd. ("SGI").  The Company's activities
had been focused on providing inflight gaming software and services
by developing, implementing and operating a computer-based interactive
 video entertainment system of gaming and other entertainment activities
on, but not limited to, the aircraft of international commercial air
carriers.  In November 1998, the Company ceased operations of its
inflight gaming business and currently, the Company is concentrating
on its Sky Play entertainment games business.

On January 13, 1998, the Company completed the acquisition of all the
outstanding capital stock of Inflight Interactive Limited ("IIL") in
exchange for 500,000 shares of the Company's $.01 par value common
stock (the "Common Stock").  IIL is a United Kingdom developer and
provider of amusement games to the airline industry.  The games are
marketed under the name Sky Play and, as of June 30, 2001, currently
are operating on a number of airlines:  Air China, American Airlines,
Cathay Pacific, Continental, Egyptair, Emirates, Japan Airlines, Lauda
Air, and Malaysia Airlines.  The purchase agreement provides for the
Company to issue up to 250,000 additional shares of Common Stock to
the previous owners of IIL upon achievement of certain milestones
regarding implementation of the Company's Sky Games gaming software
with an international airline to be designated by the parties.  The
acquisition was accounted for using the purchase method.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation

The consolidated financial statements include the accounts of the
Company and its wholly owned subsidiaries:  Sky Games International
Corp. (a Nevada corporation), Creator Island Equities Inc. (a Yukon
Territory corporation), and Inflight Interactive Limited (a U.K.
corporation).  All material inter-company transactions have been
eliminated in consolidation.

Goodwill

The goodwill, which arose from the acquisition of IIL, is being
amortized on a straight-line basis over three years.  It is now
amortized out.



Software Development

All software production costs have been capitalized until the
software was available for general release to customers in accordance
with the provisions of Statement of Financial Accounting Standards
No. 86, "Accounting for the Costs of Computer Software to be Sold,
Leased, or Otherwise Marketed."  Amortization of the software costs
over a three-year period started in June 1998.

Comprehensive Income

The Company adopted Statement of Financial Accounting Standards No.
130, "Reporting Comprehensive Income," ("SFAS No. 130") effective
January 1, 1998.  SFAS No. 130 established standards for the reporting
and display of comprehensive income and its components in a full set of
general-purpose financial statements.  The Company's comprehensive income
(loss) is substantially equivalent to net income (loss) for the three
months ended March 31, 2000 and 1999, respectively.

Use of Estimates

The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates
and assumptions that affect amounts reported in the financial
statements and accompanying notes and in determining the impairment
of long-lived assets.  Actual results could differ from those
estimates.

NOTE 3 - ACQUISITION OF MINORITY INTEREST

Prior to June 17, 1997, the Company operated its principal business
activities under the name Sky Games International, Ltd. through its
indirectly 80%-owned subsidiary then known as Interactive Entertainment
Limited ("Old IEL").  The remaining 20% of Old IEL was held by an
affiliate of Harrah's Entertainment, Inc. (which, together with its
affiliates, is referred to herein as "Harrah's").  Harrah's also
managed the operations of Old IEL pursuant to a management agreement
effective December 30, 1994, (the "Management Agreement").

Effective June 17, 1997, pursuant to a Plan and Agreement of Merger
and Amalgamation dated May 13, 1997; Old IEL was merged into the
Company (the "Amalgamations").  As part of the Amalgamations, the
Management Agreement with Harrah's was terminated.  Harrah's received
a total of 5,879,040 shares of Common Stock in exchange for its 20%
ownership interest in Old IEL and as consideration for the termination
of the Management Agreement.  The Amalgamation has been accounted for
under the purchase method.  The shares issued to Harrah's were valued
at $26,255,793 based on the average quoted market price of the
Company's Common Stock when the Amalgamations were announced, or
$4.466 per share.

NOTE 4 - SHAREHOLDERS' EQUITY

In December 1994, the Company discontinued an engineering and
marketing arrangement with B/E Aerospace, Inc. ("BEA").  As part
of the termination, the Company issued to BEA a promissory note in
the original principal amount of $2.5 million at 12% per annum.  On
February 28, 1997, an agreement was reached with BEA to exchange the
note, in the amount of $2,737,000, including accrued and unpaid
interest, for Class A Preference Shares at $1,000 per share.  The
exchange for 2,737 Class A Preference Shares was completed in June
1997.  During 1998, the Company and BEA agreed that the Company would
redeem the Class A Preference Shares in installments beginning June 30,
1998. The Company redeemed 500 shares at their redemption price of
1999. $1,000 per share during 1998.

The Class A Preference Shares are convertible at any time into a number
of shares of Common Stock determined by dividing $1,000 per share of
Class A Preference Shares, plus any accrued and unpaid dividends thereon
by: (i) prior to August 31, 1999, a conversion price equal to 65% of the
average mean of the closing bid and ask prices of the Common Stock for
the 20 trading days prior to the conversion (the "Market Price") and
(ii) after August 31, 1999, a conversion price equal to 60% of the
Market Price.  Dividends on the Class A Preference Shares are cumulative
and payable quarterly at an annual dividend rate of 9%.  The Company,
at its option, may redeem the Class A Preference Shares, in whole or in
part, at any time and from time to time, at a redemption price of $1,000
per share plus any accrued and unpaid dividends thereon.  Upon
liquidation, holders of the Class A Preference Shares will be entitled
to repayment of an amount equal to $1,000 per share plus accrued and
unpaid dividends, prior to any distributions to holders of common
Stock.  Unpaid dividends of $503,149 were in arrears as of June 30,
2001 and are included on the Consolidated Balance Sheets in Accounts
Payable and Accrued Dividends.  The Class A Preference Shares does
not have any voting rights.  No further dividends have been accrued
since April 1, 2001.  The Company has not received audit confirmations
for the past two
year ends.

As part of the Amalgamation, Harrah's entered into the "Registration
and Preemptive Rights Agreement" under which, among other things,
Harrah's has the right to receive additional shares of Common Stock
at $.01 per share in order to maintain their ownership percentage in
the Company in the event that the Class A Preference Shares held by
BEA are converted into Common Stock.  The value of any such shares
of Common Stock issued to Harrah's will be accounted for as an
adjustment to the purchase price incurred in the Amalgamation when
and if such shares are issued.

On December 17, 1997, the Company issued 1,000 shares of Series A
Convertible Preference Shares of the Company's Class B Preferred
Stock to two investors for a total consideration of $1,000,000.  The
Class B Series A Preferred Shares are convertible into a number of
shares of Common Stock, determined by dividing the stated value of
$1,000 per share by the lesser of: $3.2038 (the "Fixed Conversion
Price") and a price (the "Floating Conversion Price") calculated by
(i) determining the average of the three lowest closing bid prices for
the Common Stock during the thirty trading days occurring immediately
prior to, but not including, the conversion date, and (ii) multiplying
such average by 85%.  On July 24, 1998, the Company issued 2,000 shares
of the Class B Series A Preferred shares to the same investors for an
aggregate purchase price of $2,000,000.  Dividends are cumulative and
may be paid, at the option of the Company and with prior notice, in
additional shares of Common Stock at an annual dividend rate of 8%.
Warrants for the purchase of185,152 shares of Common Stock were issued
in connection with the issuance of the Class B Series A Preferred
Shares.  The warrants, which have an exercise price of $3.2038,
are exercisable beginning June 17, 1998 and expired on December 17,
1999.  The original purchasers of the Company's Class B Series A
Preferred Shares converted 600 of the shares into Common Stock,
retained 120 shares, and sold the remaining 2,280 shares in private
sales.  As of December 31, 1999, 680 shares were converted into common
stock.  On January 8, 2001, 1,200 shares were converted into common
stock.  On June 26, 2001, 1,600 shares were converted into common stock.

As of February 20, 1998, the Company sold 300 shares of Class B Series B
 Convertible Preferred Stock at $1,000 per share.  The Class B Series B
 Convertible Preferred Shares have the same dividend and conversion
features as the Class B Series A Preferred Shares.  The investor also
received a warrant to purchase 18,515 shares of Common Stock at a price
of $3.2038 for 18 months.  As of September 30, 1999, 38 shares of the
Series B Class B shares had been converted into Common Stock and 262
shares remained outstanding.  On June 26, 2001, the 262 shares were
converted into common shares.

The Class B Preference Shares do not have any voting rights.

NOTE 5 - AGREEMENT REGARDING REDEMPTION OF PERFORMANCE SHARES

When the Company acquired the rights to the inflight gaming software
from Sky Games International, Inc. ("SGII") on November 7, 1991, a
portion of the consideration was 3,000,000 shares of Common Stock
which, according to then applicable requirements, were placed in
escrow, to be released on the basis of one share for each U.S. $1.78
of net cash flow generated from the assets over a ten-year period (the
 "Performance Shares").  2,000,000 of the Performance Shares were
issued to SGII (87% of the outstanding stock of which was owned by
James P. Grymyr, formerly a director of the Company, and his wife)
and 1,000,000 shares were issued to Anthony Clements, a director of
the Company.  An additional 525,000 shares, which were issued to
Dr. Rex E. Fortescue, formerly a director of the Company, are held
in the escrow on the same terms and are also included as Performance
Shares.  Each of Messrs. Clements and Fortescue, as of April 30,
1997, agreed to allow the Company to redeem and cancel the
Performance Shares when and if they are released from escrow for
any reason whatsoever (the "Redemption Agreement").  As consideration
for such agreement to tender the Performance Shares for cancellation
by the Company in the event they are ever released from the escrow,
the Company has issued 508,333 shares of Common Stock, respectively.
SGII, as of April 30, 1997, also agreed that it would tender the
2,000,000 Performance Shares, which it holds for cancellation by
the Company when and if such Performance Shares are released from
escrow for any reason whatsoever (the "Redemption and Cancellation
Agreement").  As consideration of such agreement, in February 1997,
the Company expensed the outstanding balance of a note made by SGII
to the Company in the approximate amount of $550,000 and issued to
SGII 80,590 shares of Common Stock.  In the event the Performance
Shares are not released prior to six months after the end of the
Company's financial year ending in the year 2002, the Performance
Shares will automatically be canceled in accordance with the terms
of the escrow agreement.

As part of the agreements to allow the redemption and cancellation of
the Performance Shares, the holders of the Performance Shares have
issued an irrevocable proxy to a bank which has agreed not to vote
the Performance Shares at any General Meeting of Shareholders or
otherwise.  The irrevocable proxy and the agreement not to vote the
Performance Shares will terminate upon the cancellation of the
Performance Shares.  The escrow agent is prohibited from canceling
the Performance Shares under the escrow agreement.

Although the Performance Shares have no rights they are still issued
and outstanding, therefore they are included in the per share
calculations for all periods presented.  Effective December 31, 2000
they are considered outstanding for financial statement purposes



Item 2:	MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULTS OF OPERATIONS

Recent Developments

On January 5, 1999, the Company's Common Stock was delisted from the
Nasdaq SmallCap Market for failing to maintain a bid price greater than
or equal to $1.00 per share for the prior thirty consecutive trading days.
  Maintenance of a $1.00 stock price is required for continued listing
of the Company's Common Stock on the Nasdaq SmallCap Market.  The
Common Stock currently trades through the OTC Bulletin Boardr which is
a regulated quotation service of the NASDAQ Stock Market, Inc.

Delisting of the Company's Common Stock from the Nasdaq SmallCap Market
placed the Company in default of certain agreements related to the sale
of the Class B Preference Shares.  A default requires the Company to
redeem the remaining outstanding Class B Preference Shares at 130% of
the stated value of the shares.  The Company does not currently have the
 resources to redeem such shares.  The Company is currently in default
under its Registration Rights Agreement with the holders of the Class B
 Preference Shares.

Overview

Creator Capital Limited ("CCL" or the "Company"), formerly known as
Interactive Entertainment Limited ("IEL"), is a Bermuda exempted company,
which was incorporated on January 28, 1981.  The Company's activities
had been focused on providing inflight gaming software and services by
developing, implementing and operating a computer-based interactive
video entertainment system of gaming and other entertainment activities
on, but not limited to, the aircraft of international commercial air
carriers.

On November 12, 1998, the Company announced that it had been unable to
attract the additional capital necessary for continued development of
its Sky Games inflight gaming business and that it had discontinued all
operations associated with the Sky Games product line. The Company
stated that it would refocus its business efforts to concentrate
exclusively on its non-gaming inflight Sky Play PC games, customers
and business.  All employees were terminated as of November 13, 1998.
Those former employees retained on a part-time contract basis to
assist with the management of Sky Play are no longer so retained.
Two former employees, through their corporate entity, have been
formally contracted to attend to the Sky Play business.  The
discontinuation of the Sky Games business has not had an adverse
impact on the Sky Play business.

On January 13, 1998, the Company completed the acquisition of all the
outstanding stock of Inflight Interactive Limited ("IIL") in exchange
for 500,000 shares of the Company's Common Stock.  IIL is a U. K.
developer and provider of amusement games to the airline industry
marketed under the name Sky Play.  Currently, Sky Play's games are
operating on 164 aircraft of a number of airlines, being Air China,
American Airlines, Cathay Pacific, Continental, Egyptair, Emirates,
Japan Airlines, Lauda Air and Malaysia Airlines.


Results of Operations

Six Months Ended June 30, 2001 and 2000

Revenue from operations for the six months ended June 30, 2001 was
$295,595 compared to $267,475 during the six months ended June 30,
2000. Revenue consisted of fees generated from the Sky Play
amusement games acquired with the purchase of IIL.  The
increase in revenue reflects the increase in number of
aircrafts licensed to use the Company's software.

General and administrative expense increased from $77,426 in the 2000
period to $84,756 in the 2001 period.

Consulting and outsourced labor costs have increased from $36,793 to
$57,012.

Depreciation and amortization expenses decreased by $241,175.  The
amortization out of the goodwill, gaming and computer software
contributed to this drop.


Liquidity and Capital Resources

At June 30, 2001, the Company had a working capital deficit of
$691,667.  The accruing preferred share dividends payable
substantially contributed to this deficit.  The Company had positive
cash flow from operations during the three months ended June 30, 2001.
It has been sufficient to provide the necessary funds for marketing,
for continued development of the Company's products but not adequate
to fund payment of the Company's dividend obligations on outstanding
preference shares. The Company has negotiated a restructuring and
reduction of certain amounts owed to two of its largest creditors and
to a deferred payment plan on these obligations. It is current with
these agreements.


Forward-Looking Information

This Form 10-Q contains forward-looking statements that include among
others, statements concerning the Company's plans to implement its
software products, commence generating revenue from certain of its
products, expectations as to funding its capital requirements, the
impact of competition, future plans and strategies, statements which
include the words "believe," "expect," and "anticipate" and other
statements of expectations, beliefs, anticipated developments and
other matters that are not historical facts.  These statements reflect
the Company's views with respect to such matters.  Management cautions
the reader that these forward-looking statements are subject to risks
and uncertainties that could cause actual events or results to
materially differ from those expressed or implied by the statements.



PART II.  OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K

(a)  Exhibits
EXHIBIT
DESCRIPTION
  2.
Plan and Agreement of Merger and Amalgamation, dated as of May 13,
1997, among the Company, SGI Holding Corporation Limited, IEL and
Harrah's Interactive Investment Company. (Incorporated by reference
to the same numbered exhibit to the Registrant's Form 8-K as filed
with the SEC on June 27, 1997.)
  3.i(a)
Articles of Incorporation (Yukon Territory). (Incorporated by
reference to Exhibit 1.1 to the Registrant's Annual Report on Form
20-F (File No. 0-22622) as filed with the SEC on October 12, 1993.)
  3.i(b)
Certificate of Continuance (Bermuda). (Incorporated by reference to
Exhibit 1.2 to the Registrant's Annual Report on Form 20-F (File No.
0-22622) as filed with the SEC on September 16, 1996.)
  3.ii
Byelaws as amended. (Incorporated by reference to the same numbered
exhibit to the Registrant's Annual Report on Form 10-K/A No. 2 as filed
with the SEC on July 8, 1998.)
  4.1
Escrow Agreement dated May 27, 1992, as amended, among Montreal Trust
Company of Canada, the Company and certain shareholders. (Incorporated by
 reference to Exhibit 3.2 to the Registrant's Annual Report on Form 20-F
(File No. 0-22622) as filed with the SEC on October 12, 1993.)
  4.2
Redemption Agreement, dated as of February 25, 1997, between the
Company and Anthony Clements and Rex Fortescue. (Incorporated by
reference to Exhibit 3.12 to the Registrant's Annual Report on Form
20-F (File No. 0-22622) as filed with the SEC on September 12, 1997.)
  4.3
Redemption and Cancellation Agreement, dated as of April 30, 1997,
between the Company and Sky Games International, Inc. (Incorporated
by reference to Exhibit 3.13 to the Registrant's Annual Report on
Form 20-F (File No. 0-22622) as filed with the SEC on September
12, 1997.)
  4.4
Shareholder Rights Agreement dated June 17, 1997, between the Company
and Harrah's Interactive Investment Company. (Incorporated by
reference to Exhibit 3.15 to the Registrant's Annual Report on Form
20-F (File No. 0-22622) as filed with the SEC on September 12, 1997.)
  4.5
Registration and Preemptive Rights Agreement dated June 17, 1997,
between the Company and Harrah's Interactive Investment Company.
(Incorporated by reference to Exhibit 4(a) to the Registrant's
Form 8-K as filed with the SEC on June 27, 1997.)
  4.6
Registration Rights Agreement, dated June 17, 1997, between the
Company and B/E Aerospace, Inc. (Incorporated by reference to
Exhibit 4(b) to the Registrant's Form 8-K as filed with the SEC on
June 27, 1997.)
  4.7
Subscription Agreement, dated as of October 22, 1997, between the
Company and Henderson International Investments Limited.
(Incorporated by reference to Exhibit 3.22 to the Registrant's
Quarterly Report on Form 10-Q/A No. 1 as filed with the SEC on
July 8, 1998.)
  4.8
Subscription Agreement, dated as of October 22, 1997, between the
Company and Michael A. Irwin. (Incorporated by reference to Exhibit
3.23 to the Registrant's Quarterly Report on Form 10-Q/A as filed
with the SEC on July 8, 1998.)
  4.9
First Amendment to Registration and Preemptive Rights Agreement
dated March 18, 1998 between the Company and Harrah's Interactive
Investment Company. (Incorporated by reference to Exhibit 99.22 to
the Registrant's Amended Registration Statement on Form S-3 as filed
with the SEC on July 15, 1998.)
  4.10
First Amendment to Subscription Agreement between the Company and
Henderson International Investments Limited dated as of April 2,
1998. (Incorporated by reference to Exhibit 99.23 to the
Registrant's Amended Registration Statement on Form S-3 as
filed with the SEC on July 15, 1998.)
  4.11
Securities Purchase Agreement between the Company and each of Marshall
Capital Management, Inc. (formerly Proprietary Convertible Investment
Group, Inc.) and CC Investments, LDC dated as of December 17, 1997.
 (Incorporated by reference to Exhibit 99 to the Registrant's Form 8-K
as filed with the SEC on December 24, 1997.)
  4.12
Registration Rights Agreement between the Company and each of Marshall
Capital Management, Inc. (formerly Proprietary Convertible Investment
Group, Inc.) and CC Investments, LDC dated as of December 17, 1997
(Incorporated by reference to Exhibit 4(c) to the Registrant's
Form 8-K as filed with the SEC on December 24, 1997.)
  4.13
Securities Purchase Agreement between the Company and Palisades
Holding, Inc. dated February 20, 1998. (Incorporated by reference
to Exhibit 99.6 to the Registrant's Amended Registration Statement
on Form S-3 as filed with the SEC on July 15, 1998.)
  4.14
Registration Rights Agreement between the Company and Palisades Holding,
Inc. dated February 20, 1998. (Incorporated by reference to Exhibit 99.5
to the Registrant's Amended Registration Statement on Form S-3 as filed
with the SEC on July 15, 1998.)
  4.15
Securities Agreement between the Company and B/E Aerospace, Inc. dated
June 25, 1998. (Incorporated by reference to Exhibit 99.1 to the
Registrant's Form 8-K filed with the SEC on July 2, 1998.)
 10.5*
Services Agreement, dated as of November 7, 1995, between IEL and
Singapore Airlines Limited. (Incorporated by reference to Exhibit
3.9 to the Registrant's Annual Report on Form 20-F (File No. 0-22622)
as filed with the SEC on September 16, 1996.)
 10.6*
Software License and Software Services Agreement, dated as of
November 7, 1995, between IEL and Singapore Airlines Limited.
(Incorporated by reference to Exhibit 3.10 to the Registrant's
Annual Report on Form 20-F (File No. 0-22622) as filed with the
SEC on September 16, 1996.)
 10.7
Sublease Agreement dated as of June 5, 1997, between IEL and Harrah's
Operating Company, Inc. (Incorporated by reference to Exhibit 3.11 to
the Registrant's Annual Report on Form 20-F (File No. 0-22622) as filed
with the SEC on September 12, 1997.)
 10.8
Consulting Agreement, dated as of April 30, 1997, between the Company
and James P. Grymyr. (Incorporated by reference to Exhibit 3.14 to the
 Registrant's Annual Report on Form 20-F (file No. 0-22622) as filed
with the SEC on September 12, 1997.)
 10.9*
Software License Agreement dated June 17, 1997, between the Company
and Harrah's Interactive Investment Company. (Incorporated by
reference to Exhibit 3.16 to the Registrant's Annual Report on
Form 20-F (File No. 0-22622) as filed with the SEC on September
12, 1997.)
 10.10
Continuing Services Agreement dated June 17, 1997, between the
Company and Harrah's Interactive Entertainment Company.
(Incorporated by reference to Exhibit 3.17 to the Registrant's
Annual Report on Form 20-F (File No. 0-22622) as filed with the SEC
on September 12, 1997.)
 10.11
Termination Agreement and Release, dated as of June 17, 1997,
among the Company, SGI Holding Corporation Limited, IEL, Harrah's
Interactive Investment Company, and Harrah's Interactive
Entertainment Company. (Incorporated by reference to Exhibit 3.21
to the Registrant's Annual Report on Form 20-F (File No. 0-22622
as filed with the SEC on September 12, 1997.)
 27**
Financial Data Schedule.
*   Confidential treatment has been granted.
** Submitted herewith.


Signature

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.


CREATOR CAPITAL LIMITED


August 15, 2001	BY:   "Deborah Fortescue-Merrin"
	President

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