UNITED STATES

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) ~~July~~August 1310, 2012

GAMETECH INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)

Delaware (State of incorporation)	000-23401 (Commission File Number)	~~000~~33-~~23401~~0612983 (~~Commission~~IRS ~~File~~Employer ~~Number~~Identification No.)	~~33-0612983 (IRS Employer Identification No.)~~
8850 Double Diamond Parkway Reno, Nevada (Address of principal executive offices)			89521 (Zip Code)
8850 Double Diamond Pkwy. Reno, Nevada (Address of principal executive offices)		89521 (Zip Code)

(775) 850-6000

(Registrant’s telephone number, including area code)

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 (see General Instruction A.2. below):

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

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

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

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

TABLE OF CONTENTS

Item 51.0201 ~~Departure~~Entry ofinto ~~Directors~~a orMaterial ~~Certain~~Definitive ~~Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.~~Agreement

Item 8.01

Other Events

Item 9.01

Financial Statements and Exhibits

SIGNATURES

~~Section 5 - Corporate Governance and Management~~i

~~5.02(b)~~The ~~Departure~~information contained in Item 8.01 of ~~Interim~~this ~~Principal~~Form ~~Executive~~8-K ~~Officer~~is incorporated herein by reference.

AsItem ~~previously disclosed by GameTech International, Inc. (the “Company”) in its Current Report on Form~~ 8~~-K, filed with the Securities and Exchange Commission on May 17, 2012, Scott H~~.01 ~~Shackelton~~Other ~~was appointed to serve as Interim President of the Company~~Events. On July 13, 2012, Mr. Shackelton resigned as the Company’s Interim President. Mr. Shackelton will continue to serve as a member of the Company’s Board of Directors. Mr. Shackelton will also remain employed with the Company, and will continue to receive compensation at his current an annual base salary of $150,000, through a transition period ending on July 27, 2012.

5As previously disclosed, on July 2, 2012, GameTech International, Inc.02 (cthe “Company”) ~~Appointment~~and its wholly owned subsidiaries, GameTech Arizona Corp., GameTech Canada Corp. and GameTech Mexico S. de R.L. de C.V. (collectively, the “Subsidiaries”) filed voluntary petitions (collectively, the “Chapter 11 Case”) in the United States Bankruptcy Court for the District of ~~Principal~~Delaware ~~Executive~~(the ~~Officer~~“Bankruptcy Court”) seeking relief under the provisions of Chapter 11 of the United States Bankruptcy Code (the “Code”). On June 27, 2012, the Company received a notice of the sale and assignment of all of the Company’s outstanding indebtedness (the “Indebtedness”) under its loan agreement to Yuri Itkis Gaming Trust (“Yuri Itkis”), which, as of such date, totaled approximately $16.4 million.

On ~~July~~August 1310, 2012, the Company’s Board of Directors ~~unanimously~~approved ~~voted~~the toCompany’s ~~appoint~~entry ~~James~~into ~~Robertson~~an toAsset ~~serve~~Purchase asAgreement dated August 8, 2012 (the “Purchase Agreement”) between the Company’s, ~~President~~the ~~and~~Subsidiaries, ~~Chief~~YI ~~Executive~~GT ~~Officer~~Acquisition, ~~effective~~Inc. as(the of“Buyer”) ~~July~~and ~~13,~~Yuri ~~2012~~Itkis. ~~Mr.~~Pursuant ~~Robertson~~to ~~joined~~the Agreement, the ~~Company~~Buyer inproposes ~~January~~to ~~2009~~acquire assubstantially ~~General~~all ~~Counsel. Mr.~~the ~~Robertson~~assets ~~was~~of ~~subsequently~~GameTech ~~appointed~~and the Subsidiaries (the “Assets”), subject to ~~serve~~the asCompany’s ~~Corporate~~receipt ~~Secretary~~of ~~and~~higher bids for the Assets in ~~July~~connection ~~2010~~with ~~was~~the ~~promoted~~auction toprocedures described below. Under the ~~role~~terms of ~~Vice~~the ~~President~~Purchase ~~and~~Agreement, ~~General~~the ~~Counsel~~Buyer ~~and~~agrees ~~made~~to ~~responsible~~purchase the Assets for the ~~direction~~following ofaggregate consideration (the ~~legal,~~“Consideration”): ~~intellectual~~(i) ~~property,~~credit ~~regulatory~~of ~~compliance,~~all ~~human~~outstanding ~~resources,~~Indebtedness; ~~and~~(ii) ~~risk~~the ~~management~~credit ~~functions~~pursuant to Section 363(k) of the ~~Company. Mr.~~Code ~~Robertson~~of ~~holds~~all aDIP ~~Bachelor’s~~Obligations ~~Degree~~(as defined in ~~Business~~the ~~Administration~~Purchase ~~from~~Agreement) ~~the~~owing ~~University~~as of ~~Colorado,~~the aEffective ~~Masters~~Time of(as ~~Business~~defined ~~Administration~~in ~~from~~ the ~~University~~Purchase ofAgreement); ~~Nevada~~(iii) ~~Las~~cash ~~Vegas,~~in ~~and~~an aamount ~~Juris~~equal ~~Doctorate~~to ~~from~~$2,500,000 minus the ~~University~~amount of ~~Nevada~~all ~~Las~~DIP ~~Vegas,~~Obligations ~~William~~owing S.as ~~Boyd~~of ~~School~~the ofEffective ~~Law. Prior~~Time; to(iv) ~~joining~~the assumption of the ~~Company,~~Assumed ~~Mr.~~Obligations ~~Robertson~~(as ~~worked~~defined in the ~~legal~~Purchase ~~departments~~Agreement); and (v) payment of ~~First~~all ~~Data~~Sales ~~Corporation~~Taxes ~~and~~(as ~~International~~defined ~~Game~~in ~~Technology~~the Purchase Agreement). ~~Mr.~~The ~~Robertson~~Purchase Agreement also ~~serves~~permits the Buyer, as a ~~member~~“qualified bidder,” to increase the amount of Consideration pursuant to the ~~Company’s~~terms ~~Compliance~~of ~~Committee~~the contemplated bid procedures.

~~Upon~~Following ~~recommendation~~its ofentry into the ~~Compensation~~Purchase ~~Committee~~Agreement, of the ~~Board~~Company offiled ~~Directors~~a ofmotion with the ~~Company,~~Bankruptcy ~~Mr.~~Court ~~Robertson~~on ~~will~~August ~~receive~~10, an2012 ~~annual~~seeking ~~base~~approval ~~salary~~ of ~~$160,000~~the asPurchase ~~President~~Agreement and ~~Chief~~the ~~Executive~~contemplated ~~Officer~~bid ofprocedures (the ~~Company~~“Motion”). The MrBuyer entered into the Purchase Agreement as the “stalking horse” bidder for the Assets. As ~~Robertson~~the stalking horse bidder, the Buyer’s ~~appointment~~offer to purchase the Assets, as anset ~~officer~~forth ofin the ~~Company~~Purchase ~~remains~~Agreement, ~~all~~would ~~times~~be ~~subject~~the standard by which any other bids to ~~all~~purchase ~~applicable~~the ~~regulatory~~Assets ~~approvals~~would ~~and~~be ~~all~~evaluated. Other ~~qualification~~interested ~~requirements~~bidders who submit qualifying offers would be permitted to participate in the auction of ~~any~~the ~~gaming~~Assets. The ~~commissions,~~bidding ~~boards~~procedures orand ~~similar~~bid ~~regulatory~~protections ~~enforcement~~provided ~~authorities~~to ~~which~~the Buyer are more particularly described in the ~~Company~~Motion. The isPurchase Agreement and the Motion remain subject to approval by the Bankruptcy Court.

~~SIGNATURE~~The Purchase Agreement is filed herewith and is incorporated herein by reference. The foregoing description of the Purchase Agreement and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the Purchase Agreement.

~~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 thereunto duly authorized.~~1

~~GAMETECH~~Item ~~INTERNATIONAL, INC~~9.01 ~~By:~~Financial ~~/s/~~Statements ~~Andrew~~and EExhibits. ~~Robinson Andrew E. Robinson SVP & Chief Financial Officer~~

(d) Exhibits.

Date: July 18, 2012

Exhibit Number		Description

2.1		Asset Purchase Agreement, dated August 8, 2012, between GameTech International, Inc., GameTech Arizona Corp., GameTech Canada Corp., GameTech Mexico S. de R.L. de C.V., YI GT Acquisition, Inc. and Yuri Itkis Gaming Trust.

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.

	GAMETECH INTERNATIONAL, INC.



	By:	/s/ Andrew Robinson
	Andrew Robinson
	Senior Vice President & Chief Financial Officer

Dated: August 15, 2012

Filing Compare · GAMETECH INTERNATIONAL INC