SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Melco International Development LTD

(Last)

(First)

(Middle)

PENTHOUSE, 38/F, THE CENTRIUM

60 WYNDHAM STREET

(Street)

CENTRAL

00000

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/10/2007

3. Issuer Name and Ticker or Trading Symbol
Elixir Gaming Technologies, Inc. [ EGT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,000,000	I	see footnote⁽¹⁾
Common Stock	25,000,000	I	see footnote⁽¹⁾
Common Stock	15,000,000	I	see footnote⁽¹⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Warrant	12/31/2007	12/31/2010	Common Stock	4,000,000	$2.65	I	see footnote⁽²⁾
Warrant	12/31/2007	12/31/2010	Common Stock	2,000,000	$2.65	I	see footnote⁽²⁾
Warrant	12/31/2007	12/31/2010	Common Stock	4,000,000	$1⁽³⁾	I	see footnote⁽²⁾
Warrant	12/31/2007	12/31/2010	Common Stock	2,000,000	$1.5⁽³⁾	I	see footnote⁽²⁾
Warrant	12/31/2007	12/31/2010	Common Stock	1,000,000	$2⁽³⁾	I	see footnote⁽²⁾
Warrant	12/31/2007	12/31/2010	Common Stock	1,000,000	$2.5⁽³⁾	I	see footnote⁽²⁾
Warrant	12/31/2007	12/31/2010	Common Stock	1,000,000	$3⁽³⁾	I	see footnote⁽²⁾
Warrant	12/31/2007	12/31/2010	Common Stock	1,000,000	$3.5⁽³⁾	I	see footnote⁽²⁾
Warrant	09/10/2007	12/31/2012	Common Stock	22,000,000	$2.65	I	see footnote⁽²⁾
Warrant	⁽⁴⁾	12/31/2012	Common Stock	66,000,000	$2.65	I	see footnote⁽²⁾

1. Name and Address of Reporting Person^*

Melco International Development LTD

(Last)

(First)

(Middle)

PENTHOUSE, 38/F, THE CENTRIUM

60 WYNDHAM STREET

(Street)

CENTRAL

00000

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Elixir Group LTD

(Last)

(First)

(Middle)

PENTHOUSE, 38/F, THE CENTRIUM

60 WYNDHAM STREET

(Street)

CENTRAL, HONG KONG

00000

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The shares are owned directly by Elixir Group Limited, which is the indirect wholly-owned subsidiary of Melco International Development Limited. Melco International Development Limited is the indirect beneficial owner of the reported securities.

2. The warrants are owned directly by Elixir Group Limited, which is the indirect wholly-owned subsidiary of Melco International Development Limited. Melco International Development Limited is the indirect beneficial owner of the reported securities.

3. The exercise price is subject to downward adjustment upon the satisfaction of certain performance conditions set forth in the Securities Purchase and Product Participation Agreement dated June 12, 2007 between Elixir Gaming Technologies, Inc. and Elixir Group Limited (the "Participation Agreement").

4. The warrants will vest and first become exercisable upon the satisfaction of certain performance conditions set forth in the Participation Agreement.

Remarks:

	/s/ Tsui Che Yin, Frank	09/19/2007
	Tien Yau Gordon Yuen	09/19/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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