SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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): May 16, 2005

                                 ---------------

                                VIRTGAME CORP.
             (Exact Name of Registrant as Specified in Its Charter)

                                 ---------------

         Delaware                   000-29800                 33-0716247
      (State or Other        (Commission File Number)      (I.R.S. Employer
      Jurisdiction of                                   Identification Number)
      Incorporation)


                          6969 Corte Santa Fe, Suite A
                           San Diego, California 92121
                    (Address of principal executive offices)

                                (858) 373-5001
              (Registrant's telephone number, including area code)


                                 Not Applicable
          (Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligations of the registrant under any of the
following provisions.

|X|   Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|X|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14d-2(b)

|_|   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b)

|_|   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c)

--------------------------------------------------------------------------------


<PAGE>

Item 2.02  Results of Operations and Financial Condition

      On May 16, 2005, VirtGame Corp. issued a press release announcing results
for the first quarter ended March 31, 2005. A copy of the press release is
attached as Exhibit 99.1 to this Current Report on Form 8-K.


Item 8.01  Other Events

      Additional Information

      The press release attached as Exhibit 99.1 to this Current Report on Form
8-K includes information concerning the proposed acquisition of VirtGame Corp.
by Mikohn Gaming Corporation, d/b/a Progressive Gaming International
Corporation. Mikohn has filed with the Securities and Exchange Commission a
registration statement on Form S-4 that includes a preliminary prospectus of
Mikohn, a preliminary proxy statement of VirtGame Corp., and other relevant
documents in connection with Mikohn's proposed acquisition of VirtGame.
Investors and security holders are advised to read the prospectus/proxy
statement regarding the proposed merger if and when it becomes available,
because it will contain important information. Investors and security holders
may obtain a free copy of the prospectus/proxy statement, if and when available,
and other documents filed by Mikohn and VirtGame at the Securities and Exchange
Commission's web site at www.sec.gov. The prospectus/proxy statement and such
other documents may be obtained, when available, from VirtGame by directing such
request to VirtGame Corp., 5900 Pasteur Ct., Suite 100, Carlsbad, California
92008, Attention: Investor Relations. The prospectus/proxy statement and such
other documents may also be obtained, when available, from Mikohn by directing
such request to Progressive Gaming International Corporation, 920 Pilot Road,
Las Vegas, Nevada, 89119, Attention: Investor Relations. Mikohn, VirtGame and
their respective executive officers and directors may be deemed to be
participants in the solicitation of proxies from stockholders of VirtGame with
respect to the transactions contemplated by the merger agreement. A description
of any interests that VirtGame's or Mikohn's directors and executive officers
have in the proposed merger will be available in the prospectus/proxy statement.
Information regarding VirtGame's officers and directors is included in
VirtGame's Form 10-KSB filed with the Securities and Exchange Commission on
April 4, 2005. Information regarding Mikohn's officers and directors is included
in Mikohn's Form 10-K filed with the Securities and Exchange Commission on March
15, 2005. These materials are available free of charge at the Securities and
Exchange Commission's web site at http://www.sec.gov and from VirtGame and
Mikohn.

      Forward Looking Statements

      Safe Harbor Statements under The Private Securities Litigation Reform Act
of 1995: This report contains forward-looking statements, including statements
regarding expectations for the acquisition of VirtGame and the number of shares
of Mikohn common stock expected to be issued in connection with the proposed
transaction. Such statements are subject to certain risks and uncertainties, and
actual circumstances, events or results may differ materially from those
projected in such forward-looking statements. Factors that could cause or
contribute to differences include, but are not limited to, the risk that the
merger transaction may not be completed in the third quarter of 2005, or at all,
risks related to the inability to obtain, or meet conditions imposed for,
governmental and other approvals of the transaction, including approval by
stockholders of VirtGame, risks related to any uncertainty surrounding the
transaction, and the costs related to the transaction. We caution readers not to
place undue reliance on any forward-looking statements. We do not undertake, and
specifically disclaim any obligation, to update or revise such statements to
reflect new circumstances or unanticipated events as they occur. We encourage
readers to review the registration statement on Form S-4 filed by Mikohn with
the Securities and Exchange Commission on April 25, 2005, including the
prospectus/proxy statement, when available. The registration statement on Form
S-4 has a more complete summary of the merger terms and includes as an appendix
thereto the definitive merger agreement.


<PAGE>

Item 9.01 Financial Statements and Exhibits

 (c) Exhibits.

        Exhibit Number          Description
        -----------------------------------------------------------------
         99.1                   Press Release, dated May 16, 2005

<PAGE>


                                   SIGNATURES

      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.

                                     VIRTGAME CORP.



   Date:  May 16, 2005               /s/ Mark R. Newburg
                                     ----------------------------------------
                                     Mark R. Newburg, Chief Executive Officer
{"company-data": {"conformed-name": "VIRTGAME COM CORP", "cik": "0001040022", "assigned-sic": "7372", "irs-number": "330716247", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-29800", "film-number": "05834686"}, "business-address": {"street1": "6969 CORTE SANTA FE", "street2": "SUITE A", "city": "SAN DIEGO", "state": "CA", "zip": "92121-3270", "phone": "858-373-5001"}, "mail-address": {"street1": "6969 CORTE SANTA FE", "street2": "SUITE A", "city": "SAN DIEGO", "state": "CA", "zip": "92121-3270"}, "former-company": {"former-conformed-name": "VIRTUAL GAMING TECHNOLOGIES INC", "date-changed": "19980727"}}
SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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): May 16, 2005

                                 ---------------

                                VIRTGAME CORP.
             (Exact Name of Registrant as Specified in Its Charter)

                                 ---------------

         Delaware                   000-29800                 33-0716247
      (State or Other        (Commission File Number)      (I.R.S. Employer
      Jurisdiction of                                   Identification Number)
      Incorporation)

                          6969 Corte Santa Fe, Suite A
                           San Diego, California 92121
                    (Address of principal executive offices)

                                (858) 373-5001
              (Registrant's telephone number, including area code)

                                 Not Applicable
          (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligations of the registrant under any of the
following provisions.

|X|   Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|X|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14d-2(b)

|_|   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b)

|_|   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c)

--------------------------------------------------------------------------------
Item 2.02  Results of Operations and Financial Condition

      On May 16, 2005, VirtGame Corp. issued a press release announcing results
for the first quarter ended March 31, 2005. A copy of the press release is
attached as Exhibit 99.1 to this Current Report on Form 8-K.

Item 8.01  Other Events

      Additional Information

      The press release attached as Exhibit 99.1 to this Current Report on Form
8-K includes information concerning the proposed acquisition of VirtGame Corp.
by Mikohn Gaming Corporation, d/b/a Progressive Gaming International
Corporation. Mikohn has filed with the Securities and Exchange Commission a
registration statement on Form S-4 that includes a preliminary prospectus of
Mikohn, a preliminary proxy statement of VirtGame Corp., and other relevant
documents in connection with Mikohn's proposed acquisition of VirtGame.
Investors and security holders are advised to read the prospectus/proxy
statement regarding the proposed merger if and when it becomes available,
because it will contain important information. Investors and security holders
may obtain a free copy of the prospectus/proxy statement, if and when available,
and other documents filed by Mikohn and VirtGame at the Securities and Exchange
Commission's web site at www.sec.gov. The prospectus/proxy statement and such
other documents may be obtained, when available, from VirtGame by directing such
request to VirtGame Corp., 5900 Pasteur Ct., Suite 100, Carlsbad, California
92008, Attention: Investor Relations. The prospectus/proxy statement and such
other documents may also be obtained, when available, from Mikohn by directing
such request to Progressive Gaming International Corporation, 920 Pilot Road,
Las Vegas, Nevada, 89119, Attention: Investor Relations. Mikohn, VirtGame and
their respective executive officers and directors may be deemed to be
participants in the solicitation of proxies from stockholders of VirtGame with
respect to the transactions contemplated by the merger agreement. A description
of any interests that VirtGame's or Mikohn's directors and executive officers
have in the proposed merger will be available in the prospectus/proxy statement.
Information regarding VirtGame's officers and directors is included in
VirtGame's Form 10-KSB filed with the Securities and Exchange Commission on
April 4, 2005. Information regarding Mikohn's officers and directors is included
in Mikohn's Form 10-K filed with the Securities and Exchange Commission on March
15, 2005. These materials are available free of charge at the Securities and
Exchange Commission's web site at http://www.sec.gov and from VirtGame and
Mikohn.

      Forward Looking Statements

      Safe Harbor Statements under The Private Securities Litigation Reform Act
of 1995: This report contains forward-looking statements, including statements
regarding expectations for the acquisition of VirtGame and the number of shares
of Mikohn common stock expected to be issued in connection with the proposed
transaction. Such statements are subject to certain risks and uncertainties, and
actual circumstances, events or results may differ materially from those
projected in such forward-looking statements. Factors that could cause or
contribute to differences include, but are not limited to, the risk that the
merger transaction may not be completed in the third quarter of 2005, or at all,
risks related to the inability to obtain, or meet conditions imposed for,
governmental and other approvals of the transaction, including approval by
stockholders of VirtGame, risks related to any uncertainty surrounding the
transaction, and the costs related to the transaction. We caution readers not to
place undue reliance on any forward-looking statements. We do not undertake, and
specifically disclaim any obligation, to update or revise such statements to
reflect new circumstances or unanticipated events as they occur. We encourage
readers to review the registration statement on Form S-4 filed by Mikohn with
the Securities and Exchange Commission on April 25, 2005, including the
prospectus/proxy statement, when available. The registration statement on Form
S-4 has a more complete summary of the merger terms and includes as an appendix
thereto the definitive merger agreement.
Item 9.01 Financial Statements and Exhibits

 (c) Exhibits.

        Exhibit Number          Description
        -----------------------------------------------------------------
         99.1                   Press Release, dated May 16, 2005
SIGNATURES

      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.

                                     VIRTGAME CORP.

   Date:  May 16, 2005               /s/ Mark R. Newburg
                                     ----------------------------------------
                                     Mark R. Newburg, Chief Executive Officer