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 *

TSANG YUEN WAI SAMUEL
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)

BLOCK D, 2ND FLOOR SKYSCRAPER, 132-142 TIN HAU TEMPLE RD, NORTH POINT
3. Date of Earliest Transaction (MM/DD/YYYY)

6/21/2017
(Street)

HONG KONG, K3 --
(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)   $1.94   6/21/2017   (1)   M         25000   (1)   4/29/2017   (2) 4/28/2026   (3) Common Stock   25000   $0   9375   D    
Options (right to buy)   $2.08   6/21/2017   (1)   M         3125   (1)   8/13/2009   2/12/2019   (3) Common Stock   3125   $0   6250   D    
Options (right to buy)   $1.28   6/21/2017   (1)   M         6250   (1)   12/11/2009   12/11/2018   (3) Common Stock   6250   $0   0   D    

Explanation of Responses:
(1)  On May 5, 2017, Melco International Development Limited (Melco), through its wholly-owned subsidiary EGT Nevada Holding Inc. ("EGT Nevada"), filed an unsolicited cash tender offer to acquire all of the outstanding shares of common stock, $0.001 par value, of Entertainment Gaming Asia Inc. (EGT), other than the shares owned by Melco or its affiliates, at a price of $2.35 net per share. On June 13, 2017, the tender offer closed and on June 21, 2017, Melco effected a short-form merger of EGT Nevada into EGT. In connection with the short-form merger, the vesting of all unvested EGT stocks options was accelerated and all EGT stock options were cancelled and the in-the-money options were cashed out at $2.35 less the exercise price.
(2)  These options were to vest over three years, 50% on the first anniversary and 25% on each of the second and third anniversaries of grant date. However, in connection with the short-form merger, all of these options became vested and exercisable as of June 21, 2017.
(3)  Represents the original expiration date. However, in connection with the short-form merger, all of these options were cancelled as of June 21, 2017.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
TSANG YUEN WAI SAMUEL
BLOCK D, 2ND FLOOR SKYSCRAPER
132-142 TIN HAU TEMPLE RD, NORTH POINT
HONG KONG, K3 --
X



Signatures
Samuel Tsang 6/22/2017
** 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.
Entertainment Gaming Asia Incorporated (NASDAQ:EGT)
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