UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)
GAME FINANCIAL CORPORATION
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(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
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(Title of Class of Securities)
36464P 10 7
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(CUSIP Number)
GARY A. DACHIS
GAME FINANCIAL CORPORATION
13705 FIRST AVENUE NORTH
PLYMOUTH, MINNESOTA 55441
(612) 476-8500
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
DECEMBER 31, 1996
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(Date of Event Which Requires Filing of This Statement)
*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 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).
(Continued on following page(s))
Page 1 of 5 Pages
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CUSIP No. 36464P 10 7 SCHEDULE 13G Page 2 of 5 Pages
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1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Gary A. Dachis
SSN: ***-**-****
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(SEE INSTRUCTIONS) (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 5 SOLE VOTING POWER
SHARES 2,050,070 shares
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0 shares
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 2,050,070 shares
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PERSON 8 SHARED DISPOSITIVE POWER
WITH 0 shares
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,050,070 shares
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS) [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
45.3%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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ITEM 1(a). NAME OF ISSUER.
Game Financial Corporation
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES.
13705 First Avenue North
Plymouth, Minnesota 55441
ITEM 2(a). NAME OF PERSON FILING.
Gary A. Dachis
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE.
13705 First Avenue North
Plymouth, Minnesota 55441
ITEM 2(c). CITIZENSHIP.
United States of America
ITEM 2(d). TITLE OF CLASS OF SECURITIES.
Common stock, par value $.01 per share
ITEM 2(e). CUSIP NO.
36464P 10 7
Page 3 of 5 Pages
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 Rule 13d-1(b)(1)(ii)(F);
[ ] (g) Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G) (Note: See Item 7); or
[ ] (h) Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
NOT APPLICABLE
ITEM 4. OWNERSHIP.
The following information is provided as of December 31, 1996:
(a) Amount Beneficially Owned: 2,050,070 shares
(b) Percent of Class: 45.3%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 2,050,070 shares
(ii) Shared power to vote or to direct the vote: 0 shares
(iii) Sole power to dispose or to direct the
disposition of: 2,050,070 shares
(iv) Shared power to dispose or to direct the
disposition of: 0 shares
Page 4 of 5 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.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
Not applicable.
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, 1997
/s/ GARY A. DACHIS
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Gary A. Dachis
Page 5 of 5 Pages