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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
NAME OF ISSUER Acres Gaming Incorporated
TITLE OF CLASS OF SECURITIES Common
CUSIP NUMBER 004936100
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 the
disclosures provided in a prior cover page.
The information required in 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).
Page 1 of 6 pages.
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13G
CUSIP No. 004936100 Page 2 of 6 Pages
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1. Name of reporting person
S.S. or I.R.S. identification no. of above person
John F. Acres
SSN ###-##-####
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2. Check the appropriate box if a member of a group* (a)( ) (b)( )
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3. SEC use only
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4. Citizenship or place of organization
United States of America
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Number of Shares Beneficially Owned by Each Reporting Person
With:
5. Sole Voting Power
-0- shares
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6. Shared Voting Power
1,994,086 shares
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7. Sole Dispositive Power
-0- shares
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8. Shared Dispositive Power
1,994,086 shares
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9. Aggregate amount beneficially owned by each reporting person
1,994,086 shares
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10. Check box if the aggregate amount in row (9) excludes certain shares*
(X)
Does not include 203,100 shares held by the Reporting Person's children
and by another as custodian for the Reporting Person's children. The
Reporting Person disclaims beneficial ownership of said shares.
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11. Percent of class represented by amount in row 9
22.6%
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12. Type of Reporting person*
IN
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page 2 of 6 pages
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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Item 1(a) Name of Issuer:
Acres Gaming Incorporated
Item 1(b) Address of Issuer's Principal Executive Offices:
815 NW Ninth Street, Corvallis, OR 97330,
Item 2(a) Name of Person Filing:
John F. Acres
Item 2(b) Address of Principal Business Office or, if none, Residence:
815 NW Ninth Street
Corvallis, Oregon 97330
Item 2(c) Citizenship:
United States of America
Item 2(d) Title of Class of Securities:
Common, $.01 par value
Item 2(e) Cusip Number:
004936100
page 3 of 6 pages
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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 Income
Security Act of 1974 or Endowment Fund; see (Section
240.13d-1(b)(1)(ii)(F)
(g)( ) Parent Holding Company, in accordance with Section
240.13d-1(b)(ii)(G)
(h)( ) Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)
Item 4. Ownership
(a) Amount Beneficially Owned: *1,994,086
(b) Percent of Class: 22.6%
(c) Number of shares as to which such person has:
(1) sole power to vote or to direct the vote:
-0- shares
(2) shared power to vote or to direct the vote:
*1,994,086 shares
(3) sole power to dispose or to direct the disposition of:
-0- shares
(4) shared power to dispose or to direct the disposition of:
*1,994,086 shares
* Does not included 203,100 shares held by the Reporting
Person's children and by another as custodian for the
Reporting Person's children. The Reporting Person disclaims
beneficial ownership of said shares.
page 4 of 6 pages
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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
thereof 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/Ten 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.
Item 9. Notice of Dissolution of Group:
Not applicable.
Item 10. Certification.
Not applicable.
page 5 of 6 pages
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SIGNATURE
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.
Dated: February 13, 1998 /s/ John F. Acres
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John F. Acres
page 6 of 6 pages
