UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934

Date of Report – ~~June~~July 19, 2005

(Date of earliest event reported)

HOLLYWOOD CASINO SHREVEPORT* SHREVEPORT CAPITAL CORPORATION

(Exact name of registrant as specified in its charter)

Louisiana	~~333-88679~~	~~72-1225563~~	72-1225563
Louisiana	333-88679	~~75-2830167~~	75-2830167
(State or other jurisdiction	(Commission File Number)	~~(IRS Employer~~	(IRS Employer
of incorporation)		~~Identification~~	Identification
		~~Number)~~	Number)
5601 Bridge Street, Suite 300, Fort Worth, Texas		76112-2355
(Address of principal executive offices)		(Zip Code)

Area Code (817) 492-7065

(Registrant’s telephone number)

Check the appropriate box below if the form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 to Form 8-K):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 24.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to rule 13e-4(c) under the Exchange Act (17 CFR 40.13e-4(c))

~~Item~~* ~~1.03~~On ~~Bankruptcy~~July 21, or2005, ~~Receivership~~Hollywood Casino Shreveport changed its name to Eldorado Casino Shreveport Joint Venture.

~~(b) Order~~Item ~~Confirming~~8.01 ~~Plan~~Other ~~of Reorganization~~Events.

On ~~June~~July 19, 2005, the ~~United~~ ~~States Bankruptcy Court for the Western District of~~ Louisiana Gaming ~~(the~~Control ~~“Bankruptcy Court”)~~Board approved athe ~~settlement~~definitive ~~agreement~~Investment ~~announced~~Agreement indated ~~open~~as ~~court~~of ~~for the~~October 18, ~~confirmation~~2004 ofbetween ~~the Joint Plan of~~ Hollywood Casino Shreveport (“HCS”); ~~HCS I, Inc.~~ and ~~HCS~~Eldorado IIResorts, ~~Inc.,~~ ~~the~~LLC ~~general partners of Hollywood Casino Shreveport; HWCC-Louisiana, Inc., the parent company of both HCS I, Inc. and HCS II, Inc., and Shreveport Capital Corporation~~ (~~collectively, the~~ “~~Debtors~~Eldorado”) ~~together~~providing ~~with~~for ~~their~~the ~~non-debtor~~acquisition ~~affiliate,~~of HCS~~-Golf~~ ~~Course,~~by ~~LLC,~~certain ~~and~~affiliates ~~the Bondholders~~of ~~Committee,~~Eldorado ~~as proposed on April 21, 2005~~ (the “~~Joint Plan~~Agreement”) ~~and as modified based on the announced settlement~~. ~~On September~~ ~~10,~~ The ~~2004,~~Louisiana ~~certain~~Gaming ~~creditors~~Control ofBoard ~~HCS~~also ~~filed~~approved ~~an involuntary petition against~~ HCS’s ~~for~~Petition ~~relief~~to ~~under~~Approve Transfer ~~Chapter 11~~ of ~~the~~Interest ~~United~~and ~~States~~found ~~Bankruptcy~~Eldorado ~~Code. On October 30,~~and ~~2004,~~its ~~HCS~~affiliates ~~I, Inc.,~~suitable ~~HCS~~as ~~II, Inc., HWCC-Louisiana, Inc.~~ owners and ~~Shreveport~~operators ~~Capital~~of ~~Corporation~~a ~~commenced voluntary~~gaming ~~cases~~license ~~under Chapter 11~~ in ~~the Bankruptcy Court~~Louisiana.

ItItem ~~is expected that a written order confirming the Joint Plan (the “Confirmation Order”) will be presented to the Bankruptcy Court for signing and entry in the near future~~9. ~~The~~01 ~~Confirmation~~Financial ~~Order~~Statements ~~is in the process of being reviewed by all parties~~ and ~~will be filed by amendment to this Current Report on Form 8-K as soon as practicable~~Exhibits.

~~Summary of Plan~~None

On August 27, 2004, HCS, acting by and through HCS I, Inc., entered into an agreement with Eldorado Resorts, LLC (“Eldorado”) providing for the acquisition of HCS by certain affiliates of Eldorado. On October 18, 2004, HCS, acting by and through HCS I, Inc., entered into a definitive Investment Agreement (the “Agreement”) with Eldorado, Eldorado Shreveport #1, LLC and Eldorado Shreveport #2, LLC (together with Eldorado Shreveport #1, LLC, the “Investors”) providing for the acquisition of the reorganized HCS by the Investors. The Investors are each an affiliate of Eldorado. The terms of the Agreement are incorporated in the Joint Plan.SIGNATURES

~~The~~Pursuant ~~Agreement~~to ~~provides for a financial restructuring of HCS that will significantly reduce outstanding secured debt obligations and annual cash interest payments. Under~~ the ~~restructuring, holders of the~~requirements ~~Shreveport First Mortgage Notes and Senior Secured Notes (collectively, the “Shreveport Notes”) will receive (1) $140 million~~ of ~~new, 10% senior secured notes due 2012, (2) 100% of~~ the ~~common~~Securities ~~stock~~Exchange ofAct ~~a corporation that will hold a $20 million preferred equity interest which will accrue distributions at an annual rate~~ of ~~13% and a 25% non-voting equity interest in the reorganized HCS and (3) cash in an amount to be determined~~1934, in exchange for the existing secured Shreveport Notes in the principal face amount of $189 million plus accrued interest. The new, 10% senior secured notes will accrue interest commencing on June 30, 2005. Such interest will be paid semiannually in arrears on each ~~February 1~~Registrant ~~and~~has ~~August 1,~~duly ~~beginning~~caused ~~February 1,~~this ~~2006;~~report ~~provided, however, that up~~ to ~~four semiannual interest payments may~~ be ~~paid~~ bysigned ~~the issuance of additional senior secured notes with an aggregate principal amount equal to the interest due. The $20 million preferred equity interest will begin to accrue~~ on ~~June 30, 2005,~~its ~~will~~behalf beby ~~compounded quarterly and is required to be repaid no later than~~ the eighth anniversary of the date on which the Joint Plan becomes effective. The 25% non-voting equity interest in the reorganized HCS has associated put and call options at stated prices which become effective anytime after a full fiscal year of operations where reorganized HCS’s trailing Earnings before Interestundersigned, ~~Taxes,~~thereunto ~~Depreciation,~~duly ~~Amortization and Management Fees for the four fiscal quarters preceding the put or call date exceeds $30 million~~authorized.

The Investors will acquire a 75% voting equity interest in the reorganized HCS. The Agreement, which was extended by amendment to July 31, 2005, remains subject to Louisiana Gaming Control Board (“LGCB”) approval and certain other conditions. A hearing with the LGCB has been scheduled for July 19, 2005.

		Hollywood Casino Shreveport*
Dated: July 21, 2005	By:	HCS I, Inc., its Managing General Partner

	By:	/s/ John C. Hull
		John C. Hull
		Chairman of the Board and
		Chief Executive Officer

Dated: July 21, 2005		Shreveport Capital Corporation

	By:	/s/ John C. Hull
		John C. Hull
		Chairman of the Board and
		Chief Executive Officer

2* On July 21, 2005, Hollywood Casino Shreveport changed its name to Eldorado Casino Shreveport Joint Venture.

Under the Joint Plan, as modified, unsecured creditors will receive $.52 for every dollar they were owed, subject to a maximum of $6.76 million. Black Diamond Capital Management, LLC (“Black Diamond”), a holder of HCS’s notes which sought to file a competing plan, will enter into mutual releases with HCS and will receive up to $2 ~~million toward its legal fees in addition to amounts owed Black Diamond as a creditor.~~

Although the Bankruptcy Court approved the settlement on June 19, 2005, the Debtors have yet to consummate the Joint Plan and the Joint Plan is not yet effective. The Joint Plan can not become effective until after the Bankruptcy Court enters the Confirmation Order and the LGCB approves the transaction and the parties involved.

As of May 31, 2005 HCS had consolidated total assets of approximately $136.9 million and consolidated total liabilities of $195.1 million. The total liability amount does not reflect the accrual of interest on the Shreveport Notes subsequent to the close of business on September 10, 2004.

9.01 Financial Statements and Exhibits.

It is expected that the Confirmation Order will be presented to the Bankruptcy Court for signing and entry in the near future. The Confirmation Order is in the process of being reviewed by all parties and will be filed by amendment to this Current Report on Form 8-K as soon as practicable.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: June 23, 2005		Hollywood Casino Shreveport
	By:	HCS I, Inc., its Managing General Partner
	By:	/s/ Tonya Tarrant
		Tonya Tarrant
		Chief Financial Officer
Dated: June 23, 2005		Shreveport Capital Corporation
	By:	/s/ Tonya Tarrant
		Tonya Tarrant
		Chief Financial Officer

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