SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549
        
        
        
        
                                 FORM 8-K
        
        
        
                              Current Report
                    Pursuant to Section 13 or 15(d) of
                   the Securities Exchange Act of 1934
        
     Date of Report (Date of earliest event reported) April 30, 1997         
                                                     (April 21, 1997)  
        
        
                    SPINTEK GAMING TECHNOLOGIES, INC.
        
        
        
                                California
              (State or other jurisdiction of incorporation)
        
            0-27226                                33-0134
          (Commission                            (IRS Employer
           File Number)                          Identification No.)

        901 B Grier Drive , Las Vegas, Nevada                 89119
       (Address of principal executive offices)            (Zip Code)
        
        
     Registrant's telephone number, including area code (702) 263-3660
        
                                     
                                     
        
        
        
        
        
        
        
        
        
        
        
        
        
        
         Item 5. Other events
        
                 On April 21, 1997, Spintek Gaming Technologies, Inc.
        (the "Company") completed a Regulation S Securities
        Subscription Agreement ("Agreement") for 1,429 shares its
        4% Series A Preferred Stock ("Stock") in the aggregate
        amount of $1,429,000 with RBB Bank Aktiengesellschaft
        ("RBB"), an  offshore bank representing investors pursuant
        to Regulation S promulgated under the Act.  The Stock was
        issued at a discount of 30%, the net proceeds of which,
        after  discount and before expenses, was $1,000,000 to the
        Company.
        
                 Each share of  Stock ($1,000 face amount), plus any
        accrued and unpaid dividends, automatically converts into
        Common Stock of the Company on December 31, 1999; or, at
        any time commencing forty-five (45) days after the last
        day on which there is an original issuance of Stock.  The
        conversion price is the average bid price of the Company's
        Common Stock for the five (5) trading days immediately
        preceding the date of a notice of conversion from RBB.
        
                 Expenses included in conjunction with the placement
        of the Stock totaled $120,000, which consisted solely of
        commissions.  In addition as part of this transaction, the
        Company modified the  automatic conversion date from
        December 31, 1997 to December 31, 1999 for 6,842 shares of
        Preferred Stock issued in conjunction with a prior 
        Regulation S Securities Subscription Agreement that was
        issued  to RBB July 16, 1996. The Common Stock to be
        issued upon exercise of the conversion of the Stock is
        subject to a Registration Rights Agreement.
        
                 Copies of the Agreement and related documents are
        attached herewith as Exhibits as set forth in the table
        below:
        
                 Exhibits.
                  1.    REGULATION S SECURITIES SUBSCRIPTION AGREEMENT
                  2.    ESCROW AGREEMENT
                  3.    CONSENT AND ACKNOWLEDGMENT
        
        
        
        
        
        
        
        
        
        
        
        
         
        
        
        
        
        
        
        
                                SIGNATURE
        
                 Pursuant to the requirements of the Securities
        Exchange Act of 1934, the Registrant has duly caused
        this report to be signed on its behalf by the
        undersigned hereunto duly authorized.
        
        
        
        Dated:   April 30, 1997
        
        
                 SPINTEK GAMING TECHNOLOGIES, INC.
        
                 By: /s/Robert E. Huggins
                 Robert E. Huggins
                 Its: Chief Financial Officer
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SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549
        
        
        
        
                                 FORM 8-K
        
        
        
                              Current Report
                    Pursuant to Section 13 or 15(d) of
                   the Securities Exchange Act of 1934
        
     Date of Report (Date of earliest event reported) April 30, 1997         
                                                     (April 21, 1997)  
        
        
                    SPINTEK GAMING TECHNOLOGIES, INC.
        
        
        
                                California
              (State or other jurisdiction of incorporation)
        
            0-27226                                33-0134
          (Commission                            (IRS Employer
           File Number)                          Identification No.)

        901 B Grier Drive , Las Vegas, Nevada                 89119
       (Address of principal executive offices)            (Zip Code)
        
        
     Registrant's telephone number, including area code (702) 263-3660
        
                                     
                                     
        
        
        
        
        
        
        
        
        
        
        
        
        
        
         Item 5. Other events
        
                 On April 21, 1997, Spintek Gaming Technologies, Inc.
        (the "Company") completed a Regulation S Securities
        Subscription Agreement ("Agreement") for 1,429 shares its
        4% Series A Preferred Stock ("Stock") in the aggregate
        amount of $1,429,000 with RBB Bank Aktiengesellschaft
        ("RBB"), an  offshore bank representing investors pursuant
        to Regulation S promulgated under the Act.  The Stock was
        issued at a discount of 30%, the net proceeds of which,
        after  discount and before expenses, was $1,000,000 to the
        Company.
        
                 Each share of  Stock ($1,000 face amount), plus any
        accrued and unpaid dividends, automatically converts into
        Common Stock of the Company on December 31, 1999; or, at
        any time commencing forty-five (45) days after the last
        day on which there is an original issuance of Stock.  The
        conversion price is the average bid price of the Company's
        Common Stock for the five (5) trading days immediately
        preceding the date of a notice of conversion from RBB.
        
                 Expenses included in conjunction with the placement
        of the Stock totaled $120,000, which consisted solely of
        commissions.  In addition as part of this transaction, the
        Company modified the  automatic conversion date from
        December 31, 1997 to December 31, 1999 for 6,842 shares of
        Preferred Stock issued in conjunction with a prior 
        Regulation S Securities Subscription Agreement that was
        issued  to RBB July 16, 1996. The Common Stock to be
        issued upon exercise of the conversion of the Stock is
        subject to a Registration Rights Agreement.
        
                 Copies of the Agreement and related documents are
        attached herewith as Exhibits as set forth in the table
        below:
        
                 Exhibits.
                  1.    REGULATION S SECURITIES SUBSCRIPTION AGREEMENT
                  2.    ESCROW AGREEMENT
                  3.    CONSENT AND ACKNOWLEDGMENT
        
        
        
        
        
        
        
        
        
        
        
        
         
        
        
        
        
        
        
        
                                SIGNATURE
        
                 Pursuant to the requirements of the Securities
        Exchange Act of 1934, the Registrant has duly caused
        this report to be signed on its behalf by the
        undersigned hereunto duly authorized.
        
        
        
        Dated:   April 30, 1997
        
        
                 SPINTEK GAMING TECHNOLOGIES, INC.
        
                 By: /s/Robert E. Huggins
                 Robert E. Huggins
                 Its: Chief Financial Officer