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 *

DIVITO VINCENT L
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
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

121 LAKE DRIVE EAST
3. Date of Earliest Transaction (MM/DD/YYYY)

7/18/2016
(Street)

WAYNE, NJ 07470
(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

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
Options (right to buy)   (1) $38.88   3/6/2007     D         625    9/7/2007   3/6/2017   Common Stock   625   $38.88   3125   (2) D    
Options (right to buy)   (1) $38.34   3/7/2007     D         313    9/8/2007   3/7/2017   Common Stock   313   $38.34   3125   (2) D    
Options (right to buy)   (1) $57.92   1/22/2008     D         1875    7/23/2008   1/22/2018   Common Stock   1875   $57.92   3125   (2) D    
Options (right to buy)   (1) $4.64   1/7/2010     D         3125    7/8/2010   1/7/2020   Common Stock   3125   $4.64   3125   (2) D    
Options (right to buy)   (1) $5.76   2/3/2011     D         3125    8/4/2011   2/3/2021   Common Stock   3125   $5.76   3125   (2) D    
Options (right to buy)   (1) $3.70   1/3/2012     D         6250    7/4/2012   1/3/2022   Common Stock   6250   $3.70   3125   (2) D    
Options (right to buy)   (1) $7.86   1/2/2013     D         6250    7/3/2013   1/2/2023   Common Stock   6250   $7.86   3125   (2) D    
Options (right to buy)   (1) $4.84   1/2/2014     D         6250    7/3/2014   1/2/2024   Common Stock   6250   $4.84   3125   (2) D    
Options (right to buy)   $1.94   4/29/2016     A      27813       4/29/2017   (3) 4/28/2026   Common Stock   27813   $1.94   30938   D    

Explanation of Responses:
( 1)  On April 29, 2016, the Compensation Committee of the Board of Directors of the Company approved a voluntary stock option exchange program for its employees, directors and certain others, which became effective on July 18, 2016. Under the terms of the program, the participants had the opportunity to cancel certain of their existing underwater outstanding stock options (i.e., options with exercise prices that are higher than the current market trading price of the common stock) in exchange for a replacement option grant for an equal number of shares.
( 2)  Represents options directly held by the reporting person, which are not being exchanged.
( 3)  Represents replacement options which vest over three years, vesting 50% on the first anniversary and 25% on each of the second and third anniversaries of grant date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
DIVITO VINCENT L
121 LAKE DRIVE EAST
WAYNE, NJ 07470
X



Signatures
Vincent L. DiVito 7/18/2016
** 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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