FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Chung Clarence YM
2. Issuer Name and Ticker or Trading Symbol

Entertainment Gaming Asia Inc. [ EGT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Executive Officer
(Last)          (First)          (Middle)

38/F THE CENTRIUM, 60 WYNDHAM STREET, CENTRAL
3. Date of Earliest Transaction (MM/DD/YYYY)

11/24/2014
(Street)

HONG KONG, F4 F4 0
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   11/24/2014     M    703299   (1) (2) A $0.54   1509202   D    
Common Stock   11/25/2014     M    879360   (3) A $0.54   2388562   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Basic Rights Subscription (Right to Buy)   $0.54   11/24/2014     M      703299   (1) (2)      10/31/2014   11/25/2014   Common Stock   703299   $0   1045000   D    
Oversubscription Rights (Right to Buy)   $0.54   11/25/2014     M      879360   (3)      10/31/2014   11/25/2014   Common Stock   879360   $0   1045000   D    

Explanation of Responses:
( 1)  The number of shares represents the reporting person's exercise of his basic subscription right (each subscription right entitling them to purchase one share of Entertainment Gaming Asia Inc. (EGT) common stock, par value $0.001 per share, at a subscription price equal to $0.54 per share) issued pro rata to holders of EGT common stock on the September 15, 2014 record date for the rights offering, under the basic subscription privilege in the rights offering. (Continued to Footnote 2)
( 2)  Pursuant to the rights offering, the reporting person also exercised his oversubscriptionright to acquire up to 976,701 additional shares of EGT common stock in the rights offering to be issued on a pro rata basis.
( 3)  The number of shares represents the additional shares of EGT common stock purchased by the reporting person pursuant to his oversubscription privilege as discussed in Footnote 2.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Chung Clarence YM
38/F THE CENTRIUM
60 WYNDHAM STREET, CENTRAL
HONG KONG, F4 F4 0
X
Chief Executive Officer

Signatures
Clarence Chung 11/26/2014
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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