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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
GameTech International, Inc.
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(Name of Issuer)
Common Stock, par value $.001 per share
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(Title of Class of Securities)
36466D 10 2
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(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
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SCHEDULE 13G
CUSIP NO. 36466D 10 2
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1. NAME OF REPORTING PERSON
Gary R. Held
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
Joint Filing
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OR ORGANIZATION
United States
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5. SOLE VOTING POWER
NUMBER OF 485,000
SHARES -----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 485,000
WITH -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
685,000
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.9 %
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12. TYPE OF REPORTING PERSON* - IN
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SCHEDULE 13G
CUSIP NO. 36466D 10 2
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1. NAME OF REPORTING PERSON
Susan E. Held
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
Joint Filing
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OR ORGANIZATION
United States
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5. SOLE VOTING POWER
NUMBER OF 200,000
SHARES -----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 200,000
WITH -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
685,000
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.9 %
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12. TYPE OF REPORTING PERSON* - IN
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ITEM 1. (a) NAME OF ISSUER:
GameTech International, Inc.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
2209 West 1st Street, Suite 113
Tempe, Arizona 85281
ITEM 2. (a) NAME OF PERSONS FILING:
Gary R. Held
Susan E. Held
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
2209 West 1st Street, Suite 113
Tempe, Arizona 85281
(c) CITIZENSHIP:
United States
(d) TITLE OF CLASS OF SECURITIES:
Common Stock
(e) CUSIP NUMBER:
36466D 10 2
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b),
CHECK WHETHER THE PERSON FILING IS A:
(a) / / BROKER OR DEALER REGISTERED UNDER SECTION 15 OF THE ACT,
(b) / / BANK AS DEFINED IN SECTION 3(a)(6) OF THE ACT,
(c) / / INSURANCE COMPANY AS DEFINED IN SECTION 3(a)(19) OF THE ACT,
(d) / / INVESTMENT COMPANY REGISTERED UNDER SECTION 8 OF THE
INVESTMENT COMPANY ACT,
(e) / / INVESTMENT ADVISER REGISTERED UNDER SECTION 203 OF THE
INVESTMENT ADVISERS ACT OF 1940,
(f) / / EMPLOYEE BENEFIT PLAN, PENSION FUND WHICH IS SUBJECT TO THE
PROVISIONS OF THE EMPLOYEE RETIREMENT SECURITY ACT OF 1974 OR
ENDOWMENT FUND; SEE 13d-1(b)(1)(ii)(F),
(g) / / PARENT HOLDING COMPANY, IN ACCORDANCE WITH RULE 13d-
1(b)(ii)(G); SEE ITEM 7,
(h) / / GROUP, IN ACCORDANCE WITH RULE 13d-1(b)(ii)(H).
X NOT APPLICABLE
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ITEM 4. OWNERSHIP
If the percent of the class owned, as of December 31 of the year covered
by the statement, or as of the last day of any month described in Rule
13d-1(b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a right
to acquire.
(a) AMOUNT BENEFICIALLY OWNED AT DECEMBER 31, 1997:
See number 9 of cover pages. Includes 135,000 shares of
Common Stock issuable upon the exercise of stock options granted to
Mr. Held on November 1, 1996 and currently exercisable. Mr. Held
disclaims beneficial ownership of 200,000 shares of Common Stock owned
by Mrs. Held. Mrs. Held disclaims beneficial ownership of 485,000
shares of Common Stock owned by Mr. Held.
(b) PERCENT OF CLASS:
See number 11 of cover pages.
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS AS OF 12/31/97:
(i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE.
See number of cover pages. The shares Mr. Held has sole
power to vote include 135,000 shares of Common Stock issuable upon
the exercise of stock options granted November 1, 1996 and currently
exercisable.
(ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE.
See number 6 of cover pages.
(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF
See number 7 of cover pages. The shares Mr. Held has sole
power to dispose include 135,000 shares of Common Stock issuable upon
the exercise of stock options November 1, 1996 and currently
exercisable.
(iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF
See number 8 of cover pages.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following: / /
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
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ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable
ITEM 10. CERTIFICATION
Not Applicable
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SIGNATURE
The filing of this Amendment to Schedule 13G and the statements herein
shall not be construed as an admission that I am, for the purposes of Section
13(d) or 13(g) of the Exchange Act, or for any other purpose, the beneficial
owner of any of the securities described herein.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
2-11-98
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Date
/s/ Gary R. Held
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Signature
Gary R. Held
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Name / Title
2-11-98
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Date
/s/ Susan E. Held
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Signature
Susan E. Held
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EXHIBIT INDEX
Exhibit I Statement of Gary R. Held
Exhibit II Statement of Susan E. Held
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EXHIBIT I
Exhibit I to Schedule 13G Under the Securities Exchange Act of 1934
Pursuant to Rule 13d - 1 (f) (1), I affirm that I am individually
eligible to use Schedule 13G and agree that this Schedule is filed on my
behalf.
/s/ Gary R. Held
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Gary R. Held
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EXHIBIT II
Exhibit I to Schedule 13G Under the Securities Exchange Act of 1934
Pursuant to Rule 13d - 1 (f) (1), I affirm that I am individually
eligible to use Schedule 13G and agree that this Schedule is filed on my
behalf.
/s/ Susan E. Held
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Susan E. Held
