Current Report Filing (8-k)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): August 28, 2015

ENTERTAINMENT GAMING ASIA INC.

(Exact Name of Registrant as Specified in Its Charter)

Nevada		001-32161		91-1696010
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

Unit C1, Ground Floor, Koon Wah Building

No. 2 Yuen Shun Circuit

Yuen Chau Kok, Shatin

New Territories, Hong Kong SAR

(Address of principal executive offices, including zip code)

+ 852-3147-6600

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions.

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On August 28, 2015, our Chief Accounting Officer, Andy Tsui, provided notice of his resignation from Entertainment Gaming Asia Inc. effective as of September 30, 2015. Mr. Tsui indicated that he is resigning to pursue another career opportunity. Traci Mangini, our Senior Vice President Corporate Finance, has been appointed to serve as the interim Chief Financial Officer effective as of October 1, 2015. Mr. Tsui has agreed to continue to assist the Company on an as needed basis for a period following his departure to best ensure a seamless transition.

Ms. Mangini joined our company as senior vice president corporate finance in June 2008. From 2003 to 2008, Ms. Mangini had been a senior equity research analyst responsible for coverage of companies in the domestic and international gaming sector at ThinkEquity, a then subsidiary of Panmure Gordon & Co., a company listed on the AIM market operated by the London Stock Exchange. She was promoted to partner at ThinkEquity in 2008. Prior to joining ThinkEquity, Ms. Mangini served as a vice president equity research analyst for consumer companies at Merriman Curhan Ford & Company, a company then listed on the American Stock Exchange, from 2012 to 2013 and at First Security Van Kasper, a publicly traded company on the NASDAQ National Market which was acquired by Wells Fargo & Co in 2000, from 1997 to 2001. From 2001 to 2002, she served as an investment consultant and research analyst at Fisher Investments Inc. Ms. Mangini holds a master of science in quantitative analysis from Boston University and a bachelor of arts in business administration from the University of San Diego.

On September 1, 2015, we issued a press release announcing Mr. Tsui’s planned departure and Ms. Mangini’s appointment, a copy of which is filed as an exhibit to this Form 8-K.

Item 9.01 Financial Statements and Exhibits

(d)

Exhibits

Method Filing

The following exhibit is filed with this report:

Exhibit 99.1

Press release dated September 1, 2015 regarding the departure of the Chief Accounting Officer and succession plan

Filed Electronically herewith

SIGNATURES

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 hereunto duly authorized.


	ENTERTAINMENT GAMING ASIA INC.

Dated: September 1, 2015	/s/ Clarence Chung
	Clarence (Yuk Man) Chung
	Chief Executive Officer

Exhibit 99.1

For Immediate Release

CONTACTS:

Entertainment Gaming Asia Inc.

Traci Mangini

tracimangini@EGT-Group.com

872/802-4227

ENTERTAINMENT GAMING ASIA INC. ANNOUNCES PLANNED DEPARTURE OF

CHIEF ACCOUNTING OFFICER AND SUCCESSION PLAN

Hong Kong – September 1, 2015 – Entertainment Gaming Asia Inc. (NASDAQ: EGT) (“Entertainment Gaming Asia” or “the Company”), a gaming company focused on emerging gaming markets in Pan-Asia, today announced that Andy Tsui, Chief Accounting Officer, has served notice to resign effective as of September 30, 2015 to pursue another career opportunity. Ms. Traci Mangini, the Company’s Senior Vice President Corporate Finance, has been appointed the interim Chief Financial Officer effective as of October 1, 2015. Mr. Tsui has agreed to continue to assist the Company on an as needed basis for a period following his departure to best ensure a seamless transition.

Clarence Chung, Chairman and Chief Executive Officer of Entertainment Gaming Asia, commented, “Andy has been a valued member of our management team for more than seven years and was instrumental in building a solid finance organization. On behalf of the Company and our board of directors, I thank him for his dedicated service and his willingness to stay on board to ensure a successful transition. We wish him well in his future endeavors.

“We are pleased that Traci has agreed to step into the role of interim Chief Financial Officer as we continue our efforts to grow and expand our operations. Traci has more than 15 years of financial experience, including over seven years at the Company where she has worked closely with our financial statements and public disclosures.”

Ms. Mangini joined Entertainment Gaming Asia in June 2008 as senior vice president corporate finance after spending approximately eight years in equity research. For five years prior to joining the Company, she worked at ThinkEquity, a then subsidiary of Panmure Gordon & Co., where she became a partner and was a senior equity research analyst responsible for coverage of companies in the domestic and international gaming sector. Previously, she also served as a vice president and research analyst covering consumer companies at both Merriman Curhan Ford & Company and First Security Van Kasper, which was acquired by Wells Fargo & Company. Ms. Mangini holds a master of science in quantitative analysis from Boston University and a bachelor of arts in business administration from the University of San Diego.

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Entertainment Gaming Asia Announces Departure of CAO and Succession Plan, 9/1/2015

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About Entertainment Gaming Asia Inc.

Entertainment Gaming Asia Inc. (NASDAQ: EGT), an indirect, majority-owned subsidiary of Melco International Development Limited, is a gaming company in Pan-Asia engaged in the leasing of electronic gaming machines on a revenue sharing basis to the gaming industry in Cambodia and the Philippines and the development and operation of gaming venues in Asia under its “Dreamworld” brand. The Company also manufactures and sells RFID and traditional gaming chips and plaques to major casinos under its “Dolphin” brand.

Forward Looking Statements

This press release contains forward-looking statements concerning Entertainment Gaming Asia within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those forward-looking statements include statements regarding expectations for the Company’s ability to grow and expand its operations. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, risks set forth in the Company’s annual report on Form 10-K for the year ended December 31, 2014 filed with the SEC on March 26, 2015 and subsequently filed quarterly reports on Form 10-Q. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur.

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