(b) Effective December 31, 2008, Mr. David Abramson resigned as a director and Chairman of the Audit Committee of the Company. Mr. Abramson expressed the need to devote more time to his business and personal life. The Board of Directors had previously determined that Mr. Abramson qualified as the audit committee financial expert and as an independent member of our Board of Directors under SEC rules and the rules of the Nasdaq stock market. Mr. Abramson also served on the Governance and Nominating Committee and has resigned.

(d) On January 6, 2009, the Board of Directors appointed Mr. Gregg Schatzman (a current director) as the Audit Committee Chairman and determined that Mr. Schatzman qualifies as the audit committee financial expert and as an independent member of our Board of Directors under SEC rules and the rules of the Nasdaq stock market. Mr. Schatzman will remain on the Compensation Committee but will resign as the chairman as a result of his increased duties as the audit committee chairman. Mr. Holmes, a current director and member of the compensation committee will assume the duties of Chairman of the Compensation Committee.

On January 7, 2009, Southwest Casino Corporation issued a press release announcing the resignation of Mr. Abramson as a director and Chairman of the Audit Committee and the appointment of Mr. Schatzman (a current director) as the audit committee chairman. Mr. Schatzman also resigned as Chairman of the Nominating Committee but will remain a member of the nominating committee and Mr. Holmes, a current director and member of the nominating committee will assume responsibilities as Chairman of the Nominating Committee. A copy of the press release is attached to this report as Exhibit 99.1.

(d) Exhibits.

Exhibit
No.                              Description                           Method of Filing
 99.1      Press Release of Southwest Casino Corporation issued        Filed herewith
           January 7, 2009.