| Date | 1 August 1932 | |
|---|---|---|
| Location | State Armory of the 160th Infantry, Olympic Park, Los Angeles, California | |
| Format | Most bouts won, ties broken by touches delivered. | |
| Total | ||
|---|---|---|
| Italy |  ITA | 11 | 
| United States |  USA | 5 | 
 Italy
 Italy| Pos | Player | Bouts Won | Bouts Lost | TD | TR | |||
|---|---|---|---|---|---|---|---|---|
| Giulio Gaudini | 2 | 2 | 16 | 16 | ||||
| Gioacchino Guaragna | 3 | 1 | 18 | 10 | ||||
| Gustavo Marzi | 4 | 0 | 20 | 11 | ||||
| Ugo Pignotti | 2 | 2 | 17 | 15 | 
 United States
 United States| Pos | Player | Bouts Won | Bouts Lost | TD | TR | |||
|---|---|---|---|---|---|---|---|---|
| George Calnan | 2 | 2 | 16 | 16 | ||||
| Joe Levis | 1 | 3 | 12 | 19 | ||||
| Dernell Every | 1 | 3 | 14 | 18 | ||||
| Frank Righeimer | 1 | 3 | 10 | 18 | 
| Bout #1 | Gioacchino Guaragna |  ITA | 5 – 2 | George Calnan |  USA | |
| Bout #2 | Gioacchino Guaragna |  ITA | 5 – 1 | Joe Levis |  USA | |
| Bout #3 | Dernell Every |  USA | 3 – 5 | Gioacchino Guaragna |  ITA | |
| Bout #4 | Gioacchino Guaragna |  ITA | 5 – 2 | Frank Righeimer |  USA | |
| Bout #5 | George Calnan |  USA | 2 – 5 | Giulio Gaudini |  ITA | |
| Bout #6 | Joe Levis |  USA | 4 – 5 | Giulio Gaudini |  ITA | |
| Bout #7 | Giulio Gaudini |  ITA | 5 – 4 | Dernell Every |  USA | |
| Bout #8 | Giulio Gaudini |  ITA | 5 – 2 | Frank Righeimer |  USA | |
| Bout #9 | Gustavo Marzi |  ITA | 5 – 4 | George Calnan |  USA | |
| Bout #10 | Gustavo Marzi |  ITA | 5 – 3 | Joe Levis |  USA | |
| Bout #11 | Gustavo Marzi |  ITA | 5 – 3 | Dernell Every |  USA | |
| Bout #12 | Gustavo Marzi |  ITA | 5 – 1 | Frank Righeimer |  USA | |
| Bout #13 | George Calnan |  USA | 4 – 5 | Ugo Pignotti |  ITA | |
| Bout #14 | Ugo Pignotti |  ITA | 5 – 3 | Joe Levis |  USA | |
| Bout #15 | Ugo Pignotti |  ITA | 5 – 2 | Dernell Every |  USA | |
| Bout #16 | Frank Righeimer |  USA | 3 – 5 | Ugo Pignotti |  ITA |