U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE  SECURITIES  EXCHANGE
ACT OF 1934

FOR THE QUARTER ENDED JUNE 30, 2002

COMMISSION FILE NO.  0-21991

                        ADVANCED GAMING TECHNOLOGY, INC.
                  --------------------------------------------
                 (NAME OF SMALL BUSINESS ISSUER IN ITS CHARTER)

          WYOMING                                  98-0152226
-------------------------------                --------------------
(STATE OR OTHER JURISDICTION OF                (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION)                  IDENTIFICATION NO.)

24165 1H 10WEST, SUITE 217125
SAN ANTONIO, TX                                      67257
---------------------------------------           ----------
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)          (ZIP CODE)

ISSUER'S TELEPHONE NUMBER (210) 697-8550

SECURITIES REGISTERED UNDER SECTION 12(B) OF THE EXCHANGE ACT:

                                            NAME OF EACH EXCHANGE ON
      TITLE OF EACH CLASS                    WHICH REGISTERED

            NONE                                     NONE
-----------------------------               -------------------------

                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDING DURING THE PRECEDING FIVE YEARS

Check whether the  registrant  filed all  documents  and reports  required to be
filed by Section 12, 13 or 15 (d) of the Exchange Act after the  distribution of
securities under a plan confirmed by a court. Yes [X] or [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practical date: June 30, 2002 - 21,430,587

Transitional Small Business Disclosure Format (check one).  Yes [  ] No [X]





                                       F-1

<PAGE>



                          INDEX TO FINANCIAL STATEMENTS



Consolidated Balance Sheets................................................F-2

Consolidated Statements of Operations......................................F-3

Consolidated Statements of Stockholders' Equity (Deficit)..................F-4

Consolidated Statements of Cash Flows......................................F-5

Notes to Consolidated Financial Statements.................................F-6


















                                       F-2

<PAGE>

<TABLE>

<CAPTION>


                        ADVANCED GAMING TECHNOLOGY, INC.
                           CONSOLIDATED BALANCE SHEETS




                                                                           Six Months Ended          Year Ended
                                                                             June 30, 2001       December 31, 2001
                                                                         ---------------------  --------------------
                                                                              (unaudited)
<S>                                                                      <C>                    <C>

                                 ASSETS
CURRENT ASSETS
   Cash and equivalents                                                  $              31,792  $             45,709
   Prepaid expenses                                                                          0                 1,000
                                                                         ---------------------  --------------------

          Total current assets                                                          31,792                46,709
                                                                         ---------------------  --------------------

PROPERTY AND EQUIPMENT
   Furniture, fixtures and equipment, net                                                    0                66,862
                                                                         ---------------------  --------------------

          Total property and equipment                                                       0                66,862
                                                                         ---------------------  --------------------

Total Assets                                                             $              31,792  $            113,571
                                                                         =====================  ====================

             LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
CURRENT LIABILITIES
   Accounts payable and accrued liabilities                              $               5,206  $             10,000
   Notes payable                                                                     1,022,990             1,367,424
                                                                         ---------------------  --------------------

          Total current liabilities                                                  1,028,196             1,377,424
                                                                         ---------------------  --------------------

Total Liabilities                                                                    1,028,196             1,377,424

STOCKHOLDERS' EQUITY (DEFICIT)
   Preferred stock-10% cumulative, $0.10 par value, 4,000,000
      authorized; 0 issued and outstanding                                                   0                     0
   Common stock, $0.005 par value, 150,000,000 authorized;
      21,430,587 issued and outstanding                                                107,153               107,153
   Additional paid-in capital                                                                0                     0
   Accumulated deficit                                                              (1,103,557)           (1,371,006)
                                                                         ---------------------  --------------------

          Total stockholders' equity (deficit)                                        (996,404)           (1,263,853)
                                                                         ---------------------  --------------------

Total Liabilities and Stockholders' Equity (Deficit)                     $              31,792  $            113,571
                                                                         =====================  ====================

</TABLE>

     The accompanying notes are an integral part of the financial statements


                                       F-3

<PAGE>

<TABLE>

<CAPTION>

                        ADVANCED GAMING TECHNOLOGY, INC.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)



                                                             Three Months Ended                Six Months Ended
                                                                  June 30,                         June 30,
                                                       ------------------------------   -------------------------------
                                                            2002            2001             2002             2001
                                                       ---------------  -------------   --------------   --------------
<S>                                                    <C>              <C>             <C>              <C>

REVENUES                                               $             0  $      27,721   $            0   $       81,422

OPERATING EXPENSES
   Salaries                                                     41,875         56,250           98,125          112,500
   Depreciation                                                 51,862         15,000           66,862           30,000
   Other operating expenses                                      6,206         31,445           10,141           63,521
                                                       ---------------  -------------   --------------   --------------

          Total operating expenses                              99,943        102,695          175,128          206,021
                                                       ---------------  -------------   --------------   --------------

Operating income (loss)                                        (99,943)       (74,974)        (175,128)        (124,599)
                                                       ---------------  -------------   --------------   --------------

OTHER INCOME (EXPENSE)
   Interest expense                                            (26,727)       (40,832)         (54,949)         (57,725)
   Gain on forgiveness of debt                                 497,526              0          497,526                0
                                                       ---------------  -------------   --------------   --------------

          Total other income (expense)                         470,799        (40,832)         442,577          (57,725)
                                                       ---------------  -------------   --------------   --------------

Net income (loss)                                      $       370,856  $    (115,806)  $      267,449   $     (182,324)
                                                       ===============  =============   ==============   ==============
Net income (loss) per common share, basic              $         0.017  $      (0.005)  $        0.013   $       (0.007)
                                                       ===============  =============   ==============   ==============
Weighted average number of common shares
outstanding                                                 21,430,587     25,000,000       21,430,587       25,000,000
                                                       ===============  =============   ==============   ==============

</TABLE>

     The accompanying notes are an integral part of the financial statements


                                       F-4

<PAGE>

<TABLE>

<CAPTION>


                        ADVANCED GAMING TECHNOLOGY, INC.
            CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)




                                                                                                                 TOTAL
                                                    NUMBER                    ADDITIONAL                     STOCKHOLDERS'
                                                      OF           COMMON       PAID-IN        RETAINED          EQUITY
                                                    SHARES         STOCK        CAPITAL        EARNINGS        (DEFICIT)
                                                 -------------  ------------  -----------   --------------  ----------------
<S>                                              <C>            <C>           <C>           <C>             <C>

BEGINNING BALANCE,
December 31, 1999                                   25,000,000  $    125,000  $         0   $     (394,895) $       (269,895)

Net loss                                                     0             0            0         (564,441)         (564,441)
                                                 -------------  ------------  -----------   --------------  ----------------

BALANCE, December 31, 2000                          25,000,000       125,000            0         (959,336)         (834,336)

Cancellation of reserved shares                     (3,569,413)      (17,847)           0                0           (17,847)
Net loss                                                     0             0            0         (411,670)         (411,670)
                                                 -------------  ------------  -----------   --------------  ----------------

BALANCE, December 31, 2001                          21,430,587       107,153            0       (1,371,006)       (1,263,853)

Net income                                                   0             0            0          267,449           267,449
                                                 -------------  ------------  -----------   --------------  ----------------

ENDING BALANCE, June 30, 2002
(unaudited)                                         21,430,587  $    107,153  $         0   $   (1,103,557) $       (996,404)
                                                 =============  ============  ===========   ==============  ================

</TABLE>

     The accompanying notes are an integral part of the financial statements


                                       F-5

<PAGE>

<TABLE>

<CAPTION>


                        ADVANCED GAMING TECHNOLOGY, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                            Six Months Ended June 30,
                                   (Unaudited)



                                                                                        2002                 2001
                                                                                 ------------------    ----------------
<S>                                                                              <C>                   <C>

CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)                                                                $          267,449    $       (182,324)
Adjustments to reconcile net income to net cash provided by operating
activities:
   Depreciation and amortization                                                             66,862              30,000
   Gain on forgiveness of debt                                                             (497,526)                  0
Changes in operating assets and liabilities:
   (Increase) decrease in accounts receivable                                                     0              (3,700)
   (Increase) decrease in prepaid expenses                                                    1,000                   0
   (Increase) decrease in other assets                                                            0              33,000
   Increase (decrease) in accounts payable and accrued liabilities                           (4,794)           (242,019)
   Increase (decrease) in notes payable                                                     153,092             300,221
                                                                                 ------------------    ----------------

Net cash provided (used) by operating activities                                            (13,917)            (64,822)
                                                                                 ------------------    ----------------

CASH FLOWS FROM INVESTING ACTIVITIES:
   Purchase of property and equipment                                                             0             (23,747)
                                                                                 ------------------    ----------------

Net cash provided (used) by investing activities                                                  0             (23,747)
                                                                                 ------------------    ----------------

CASH FLOWS FROM FINANCING ACTIVITIES:
   Proceeds received from debt and notes                                                          0                   0
   Repayment of debt and notes                                                                    0                   0
                                                                                 ------------------    ----------------

Net cash provided (used) by financing activities:                                                 0                   0
                                                                                 ------------------    ----------------

Net increase (decrease) in cash and equivalents                                             (13,917)            (88,569)

CASH and equivalents, beginning of period                                                    45,709             171,807
                                                                                 ------------------    ----------------

CASH and equivalents, end of period                                              $           31,792    $         83,238
                                                                                 ==================    ================

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Payment of interest in cash                                                      $                0    $         34,562
                                                                                 ==================    ================

</TABLE>

     The accompanying notes are an integral part of the financial statements


                                       F-6

<PAGE>



                        ADVANCED GAMING TECHNOLOGY, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Information  with  regard to the six  months  ended  June 30,  2002 and 2001 is
unaudited)


(1) SUMMARY OF SIGNIFICANT ACCOUNT POLICIES
      THE COMPANY The Company  was  incorporated  under the laws of the State of
         Wyoming in 1963  under the name of MacTay  Investment  Co. The  Company
         changed  its name to Advanced  Gaming  Technology,  Inc.  in 1991.  The
         Company's executive offices are located in San Antonio,  Texas where it
         is principally  engaged in the  development and marketing of technology
         for the casino and hospitality industry.

         The  financial   statements  have  been  prepared  in  conformity  with
         accounting  principles  generally  accepted  in the United  States.  In
         preparing  the  financial  statements,  management  is required to make
         estimates and  assumptions  that effect the reported  amounts of assets
         and liabilities and disclosure of contingent  assets and liabilities as
         of the dates of the balance sheets and statements of operations for the
         years then  ended.  Actual  results  may differ  from these  estimates.
         Estimates  are  used  when  accounting  for  allowance  for bad  debts,
         collectibility   of  accounts   receivable,   amounts  due  to  service
         providers,   depreciation,   litigation  contingencies,  among  others.
         Certain   reclassifications  have  been  made  in  the  2001  financial
         statements to conform with the 2002 presentation.

         A  summary  of  the  significant  accounting  policies  applied  in the
         preparation of the accompanying financial statements is as follows:

         A) CASH  EQUIVALENTS  The  Company  considers  all highly  liquid  debt
         instruments  equivalents.  At times  during  any  year,  there may be a
         concentration  of cash at any one  bank  or  financial  institution  in
         excess of insurance limits.

         B) FIXED ASSETS Property and equipment is stated at cost.  Depreciation
         is computed on the straight-line  method, based on the estimated useful
         lives of the assets of generally three to five years.  Expenditures for
         maintenance  and repairs are charged to operations  as incurred.  Major
         overhauls and  improvements  are capitalized and depreciated over their
         useful lives. Upon sale or other disposition of property and equipment,
         the  cost and  related  accumulated  depreciation  or  amortization  if
         removed  from the  accounts,  and any gain or loss is  included  in the
         determination of income or loss.

         C) NET  INCOME  (LOSS) PER COMMON  SHARE,  BASIC Net income  (loss) per
         share is computed by dividing  the net income by the  weighted  average
         number of shares  outstanding  during the period. Net income per share,
         diluted,  is not presented,  as no potentially  dilutive securities are
         outstanding.

         D) INTERIM FINANCIAL  INFORMATION The financial  statements for the six
         months  ended June 30,  2002 and 2001 are  unaudited  and  include  all
         adjustments  which in the opinion of management  are necessary for fair
         presentation,  and  such  adjustments  are of a  normal  and  recurring
         nature.  The  results for the six months are not  indicative  of a full
         year results.

(2) INCOME TAXES  Deferred income  taxes  (benefits) are  provided  for  certain
         income and expenses which are  recognized in different  periods for tax
         and financial  reporting  purposes.  The Company had net operating loss
         carryforwards  for income tax  purposes of  approximately  $25,000,000,
         expiring at various dates from December 31, 2008 and December 31, 2015.
         A loss  generated  in a  particular  year will  expire for  federal tax
         purposes if not utilized  within  fifteen years.  The Internal  Revenue
         Code contains  provisions  that would reduce or limit the  availability
         and  utilization of these net operating loss  carryforwards  if certain
         ownership changes have been or will be taking place .In accordance with
         SFAS No. 109, a valuation  allowance is provided when it is more likely
         than not that all or some portion of the deferred tax asset will not be
         realized.   Due  to  the  uncertainty  with  respect  to  the  ultimate
         realization  of the  loss  carryforwards,  the  Company  established  a
         valuation  allowance  for the entire net  deferred  income tax asset of
         $12,000,000 as of June 30, 2001.


                                       F-7

<PAGE>

<TABLE>

<CAPTION>


                        ADVANCED GAMING TECHNOLOGY, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


(3) STOCKHOLDERS' EQUITY  The  company  has  authorized  150,000,000  shares  of
         $0.005 par value common stock and  4,000,000  shares of $0.10 par value
         preferred  stock,  with 21,430,587 and 0 shares issued and outstanding,
         respectively.  Rights and  privileges of the preferred  stock are to be
         determined by the Board of Directors prior to issuance.

(4) CHANGE IN CONTROL  On  June 12, 2002, PowerHouse  Management, Inc., of   San
         Antonio,   Texas,  purchased   approximately  56%  of  the  issued  and
         outstanding  shares of common stock of the  Company.  At the same time,
         all former officers and directors resigned after electing new directors
         who appointed new officers.

(5) NOTES PAYABLE Notes payable consist of the following:


                                                          2002                2001
                                                     ---------------    ----------------
<S>                                                  <C>                <C>

      Note payable,  interest at 9%, due in monthly
      payments of $6,200 beginning March 1, 2000.
      The note is due in July of 2006.  The note is
      convertible into common stock at a rate of
      $0.53 per share.                               $       982,990    $        940,939

      Note payable, interest at prime plus 2%,
      payable to an officer of the company and
      secured by all assets of the company.                   40,000             426,485
                                                     ---------------    ----------------
      Net long-term debt                             $     1,022,990    $      1,367,424
                                                     ===============    ================
</TABLE>

         As part and parcel to the change in control,  (see Note 4), the officer
         owed the note  payable  agreed to forgive  all but $40,000 of his note.
         His note had  included  accrued  salary  and  accrued  interest.  These
         amounts were accrued up to the date of the change of control,  June 12,
         2002. As a result,  the Company recognized a gain on the forgiveness of
         debt of $497,526.

(6) COMMITMENTS AND CONTINGENCIES  The Company filed  for  reorganization  under
         Chapter 11 of the US Bankruptcy Code in Las Vegas, Nevada on August 26,
         1998.  Under Chapter 11, certain claims against the Debtor in existence
         prior to the  filing of the  petitions  for  relief  under the  Federal
         Bankruptcy  Laws  are  stayed  while  the  Debtor  continues   business
         operations as Debtor-in-possession.  These claims were reflected in the
         March 31, 1999 balance sheet as  "liabilities  subject to  compromise".
         The bankruptcy plan was approved June 29, 1999 and became  effective on
         August 19,  1999.  On February 15, 2000,  the  Bankruptcy  Court in the
         District of Las Vegas approved the final decree of the Company  closing
         the Chapter 11 bankruptcy case of the Company.

         Pursuant  to  the  plan,   obligations   to  secured   creditors   were
         renegotiated.  All  remaining  liabilities  of the  Company  were fully
         satisfied  through  issuance of new common stock.  Unsecured  creditors
         received  1.88  shares of new  common  stock for each  $1.00 of allowed
         claim.  The Company  issued  25,000,000  shares of new common  stock in
         conjunction  with the plan.  The existing  common stock was  cancelled.
         Existing  shareholders  of the company on the effective date received 1
         share of new common stock for each 66 shares of common stock  currently
         owned.   21,430,587   shares   were  issued  to   creditors,   existing
         shareholders and new investors under this plan.

(7) REORGANIZATION ACCOUNTING  The  Company  accounted  for  the  reorganization
         using fresh-start  reporting.  Accordingly,  all assets and liabilities
         were restated to reflect their reorganization value, which approximates
         fair value at the date of reorganization.



                                       F-8

<PAGE>



                        ADVANCED GAMING TECHNOLOGY, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


(8) GOING CONCERN  The accompanying  financial statements have been  prepared in
         conformity with accounting  principles generally accepted in the United
         States, which contemplates continued of the Company as a going concern.
         However,  the Company has  sustained  substantial  operating  losses in
         recent years and has used substantial amounts of working capital in its
         operations.  Realization of a major portion of the assets  reflected on
         the accompanying  balance sheet is dependent upon continued  operations
         of the Company which, in turn, is dependent upon the Company's  ability
         to meet its  financing  requires and succeed in its future  operations.
         Management  believes that actions  presently  being taken to revise the
         Company's  operating and financial  requirements  provide them with the
         opportunity for the Company to continue as a going concern.

(9)      FIXED ASSETS  Subsequent to the change in control,  the Company elected
         to write off the undepreciated  value of its fixed assets. As a result,
         the Company  recorded $36,862 in depreciation in excess of the previous
         $15,000 per  quarter.  In addition,  the Company  intends to dispose of
         these fixed assets, which it believes have no value.












                                       F-9

<PAGE>



Item 2.  Management's Discussion and Analysis

General -

This discussion should be read in conjunction with  Management's  Discussion and
Analysis of  Financial  Condition  and Results of  Operations  in the  Company's
annual report on Form 10-KSB for the year ended December 31, 2001. The Company's
shares of  capital  stock are  registered  under  Section  12 of the  Securities
Exchange Act of 1934. The Company became a reporting  issuer in March 1997. This
quarterly  report on Form 10-QSB and the  information  incorporated by reference
herein contain  forward-looking  statements within the meaning of Section 27A of
the  Securities  Act of 1933,  as amended,  and  Section  21E of the  Securities
Exchange Act of 1934, as amended.  Such statements include,  but are not limited
to,  projected sales,  gross margin and net income figures,  the availability of
capital resources, plans concerning products and market acceptance.

Forward-looking  statements are inherently  subject to risks and  uncertainties,
many of which cannot be predicted  with  accuracy and some of which may not even
be anticipated. Future events and actual results, financial and otherwise, could
differ materially from those set forth in or contemplated by the forward-looking
statements  herein and any  forward-  looking  statements  should be  considered
accordingly.

In August of 1998, the Company filed for reorganization  under Chapter 11 of the
US  Bankruptcy  Code in the  District of Las Vegas.  The  Company  operated as a
debtor-in-possession  until  June 29,  1999 when its plan was  confirmed  by the
court. The plan became effective on August 19, 1999.

Under the terms of the court-approved  plan, the existing common stock interests
in Advanced Gaming Technology, Inc. were cancelled. The Company, as reorganized,
issued new common stock. The plan provided,  generally, that unsecured creditors
of the Company  holding  allowed  claims receive 1.88 shares of new common stock
for each $1 of allowed claim. Holders of common stock of the company received 7%
of the new common stock under the terms of the plan.

The Company has adopted  fresh-start  accounting  on the  effective  date of the
plan, in accordance with AICPA  Statement of Position 90-7 "Financial  Reporting
by Entities in  Reorganization  Under the Bankruptcy Code" (SOP 90-7). The fresh
start  reporting  was first  reflected in the  September  30, 1999  Consolidated
Balance Sheet.

Liabilities  subject to compromise  immediately prior to the effective date were
discharged on the  effective  date.  Depending on the nature of the claim,  each
obligation was paid,  exchanged for stock,  discharged,  or carried forward as a
new liability under the terms of the plan.

Results of Operations -

Six Months 2002 Compared to 2001

Operating loss for the six months ended June 30, 2002 was $175,128 compared to a
loss of $124,599 for the same period in 2001.  The decrease in operating  income
was the result of a decrease in revenue from  placement of Max Lite and Max Plus
units.  There was no  revenue  in the  current  quarter  from  electronic  bingo
products.  The  electronic  bingo units are not  competitive  due to the age and
quality  of the  product.  Management  does not  expect  revenue  from  existing
electronic bingo units in the future.

The Company is currently  pursuing all possible  options  including  the sale of
company assets, merger or dissolution.

Expenses for the first six months of 2002 were $175,128  compared to $124,599 in
the prior year.  The  increase is due to the Company  writing off the  remaining
book value of its fixed assets.  In addition, $164,987 of the 2002 expenses were
non-cash  expenses  representing  depreciation  and unpaid salary.  Salaries and
wages in the amount of $98,125  were  accrued  but not paid at the  election  of
management in both years. Management is making efforts to minimize cash outlays.


                                      F-10

<PAGE>



Other income (expense) for the first six months of 2002 was $442,577 compared to
$(57,725) in 2001.

Second Quarter 2002 Compared to 2001

Operating loss for the three months ended June 30, 2002 was $99,943  compared to
a loss of $74,974 for the same period in 2001. The decrease in operating  income
was the result of a decrease in revenue from  placement of Max Lite and Max Plus
units.  There was no  revenue  in the  current  quarter  from  electronic  bingo
products.  The  electronic  bingo units are not  competitive  due to the age and
quality  of the  product.  Management  does not  expect  revenue  from  existing
electronic bingo units in the future.

The Company is currently  pursuing all possible  options  including  the sale of
company assets, merger or dissolution.

Expenses for the second quarter of 2002 were $99,943 compared to $102,695 in the
prior year. The decrease is due to the change in control, which ended the salary
accrual  and  writing  off the  remaining  book  value of its fixed  assets.  In
addition,  $93,737 of the 2002  expenses  were  non-cash  expenses  representing
depreciation  and unpaid  salary.  Management is making efforts to minimize cash
outlays.

Liquidity and Capital Resources -

The Company has a cash balance of $31,792.  The Company will require  additional
capital to continue  operations.  There is no  assurance  that  capital  will be
available.

The Company's debt was restructured,  pursuant to the reorganization plan during
1999. Long-term debt was reduced to two notes totaling $2.6 million. In March of
2000, the Company further reduced  long-term debt by eliminating a $1.75 million
note.

The Company  disposed  of its 22%  interest  in  TravelSwitch,  LLC, an Internet
travel service provider,  during the second quarter of 2002. The Company did not
record any gain or loss on this  transaction,  as it had previously  reduced its
net book value of this asset to zero, and it received no compensation to dispose
of this asset.

Change in Control

On June 12, 2002, PowerHouse Management,  Inc., of San Antonio, Texas, purchased
approximately  56% of the issued and  outstanding  shares of common stock of the
Company.  At the same time,  all former  officers and directors  resigned  after
electing new directors who appointed new officers.

Inflation and Regulation -

The Company's operations have not been, and in the near term are not expected to
be, materially  affected by inflation or changing prices. The Company encounters
competition  from a variety of firms  offering  similar  products  in its market
area. Many of these firms have long-standing customer relationships and are well
staffed and well financed. The Company believes that competition in the industry
is based on competitive pricing, although the ability,  reputation and technical
support of a concern is also significant.  The Company does not believe that any
recently enacted or presently pending proposed  legislation will have a material
adverse effect on its results of operations.










                                      F-11

<PAGE>



PART II - OTHER INFORMATION

Item 1.  Legal Proceedings

None.

Item 2.  Changes in Securities

None.

Item 3.  Defaults Upon Senior Securities

None.

Item 4.  Submission of Matters to a Vote of Security Holders.

None.

Item 5.  Other Information

None.

Item 6.  Exhibits and Reports on Form 8-K

Form 8-K filed on June 13, 2002.











                                      F-12

<PAGE>


                                   SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.

                        ADVANCED GAMING TECHNOLOGY, INC.
                                  (Registrant)

DATE:  August 14, 2002        By: /s/ GARY L. CAIN
                              --------------------------------------------------
                              Gary L. Cain
                              Chief Executive Officer and Director


DATE:  August 14, 2002        By: /s/ STEPHEN H. DURLAND
                              --------------------------------------------------
                              Stephen H. Durland, Acting Chief Financial Officer















                                      F-13