Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  HG Vora Capital Management, LLC
 2. Date of Event Requiring Statement (Month/Day/Year)
03/14/2012		 3. Issuer Name and Ticker or Trading Symbol
Great Wolf Resorts, Inc. [WOLF]
(Last)
(First)
(Middle)
870 SEVENTH AVENUE, SECOND FLOOR		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10019		 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 4,000,000
I
See Footnote (1) (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HG Vora Capital Management, LLC
870 SEVENTH AVENUE
SECOND FLOOR
NEW YORK, NY 10019		     X    
HG Vora Special Opportunities Master Fund, Ltd.
870 SEVENTH AVENUE
SECOND FLOOR
NEW YORK, NY 10019		     X    
Vora Parag
870 SEVENTH AVENUE
SECOND FLOOR
NEW YORK, NY 10019		     X    

Signatures

By: HG Vora Capital Managment, LLC, By: /s/ Parag Vora, Managing Member 03/15/2012
**Signature of Reporting Person Date
By: HG Vora Special Opportunities Master Fund, Ltd, By: /s/ Parag Vora, Director 03/15/2012
**Signature of Reporting Person Date
By: /s/ Parag Vora 03/15/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These securities are directly held by HG Vora Special Opportunities Master Fund, Ltd. (the "Fund"). HG Vora Capital Management, LLC ("HG Vora") and Parag Vora may be deemed to, indirectly, beneficially own the securities directly held by the Fund. See Footnote 2.
(2) These securities are held in the account of the Fund for which HG Vora serves as investment advisor. Parag Vora is the managing member of HG Vora. HG Vora and Parag Vora may be deemed to, indirectly, beneficially own the securities held by the Fund by virtue of HG Vora's position as investment advisor of the Fund and Parag Vora's status as managing member of HG Vora. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), or for any other purpose. The Reporting Persons affirmatively disclaim being a "group" for purposes of Section 16.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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