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Item 1.03		Bankruptcy or Receivership.

     Issuance of Final Decree

     On July 10, 2000, the Company filed a voluntary petition for relief under
Chapter 11 of the Code (the Chapter 11 proceeding") in the United States
Bankruptcy Court, District of Nevada, Case No. BK-S-00-15075-LBR.  From and
after the commencement of the Chapter 11 Proceeding, the Company has acted as
debtor in possession. 

     On or about April 2, 2001, the Company and W/F Investment Corp. ("W/F")
submitted to the Court a plan of reorganization, which plan has been amended
from time to time (such plan, as amended, is hereinafter referred to as the
"Plan of Reorganization").  W/F and the Company are the plan proponents (the
"Plan Proponents") of the Plan of Reorganization. On February 20, 2002, the 
Court issued an order confirming the Plan of Reorganization pursuant to 
Section 1129(a) of the Code.

    On November 22, 2002, the Plan of Reorganization became effective.

    On September 6, 2005, the United States Banckuptcy Court, District of
Nevada, issued a final decree in the Chapter 11 proceeding, formally
removing the Company from the oversight of the Bankruptcy Court and
ending all bankruptcy proceedings.

                                        SIGNATURE

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.


                                  NEVSTAR GAMING & ENTERTAINMENT CORP.

Date: September 7, 2005           ____________/s/__________________
        
                                  By: William O. Fleischman
                                      Chief Executive Officer and
                                      Chief Financial Officer