The 1992 tournament was a round-robin format, with the top three teams winning gold, silver and bronze medals respectively.

[1] However, three players on the team, Sergejs Žoltoks and Sandis Ozoliņš (from Latvia) and Darius Kasparaitis (from Lithuania) were from nations not part of the Commonwealth.

Eight teams contested the second tier this year in Tychy and Oswiecim Poland from December 27 to January 5.

This tournament offered a rather improbable result; four of the eight teams finished tied for first.

Pool C was contested by nine teams from December 28, to January 4, in Marino and Rome Italy.