8-K

                       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): March 27, 2001



                              SILICON GAMING, INC.
             (Exact name of registrant as specified in its charter)



         California                    0-28294                    77-0357939
(State or Other Jurisdiction         (Commission                (IRS Employer
       Incorporation)                File Number)            Identification No.)



2800 W. Bayshore Road, Palo Alto, California                        94303
  (Address of principal executive offices)                        (Zip Code)


Registrant's telephone number, including area code (650) 842-9000


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

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

Exhibit No.     Description
- ----------     -----------

  99.1         Press Release, dated March 27, 2001, to announce the consummation
               of the previously  announced  merger  between  Silicon Gaming and
               International  Game Technology,  and the disposition of shares of
               common stock of WagerWorks, Inc.

ITEM 9. REGULATION FD DISCLOSURE.

The information in this report is being furnished  pursuant to Regulation FD. In
accordance  with General  Instruction  B.2 of Form 8-K, the  information in this
report  shall not be deemed to be  "filed"  for  purposes  of  Section 18 of the
Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated
by reference in any filing under the  Securities  Act of 1933,  as amended.  The
furnishing of the  information  set forth in this report is not intended to, and
does not,  constitute a  determination  or admission  as to the  materiality  or
completeness of such information.

On March 27, 2001, Silicon Gaming, Inc., a California  corporation  ("Silicon"),
issued a press release  announcing the  consummation of its merger with a wholly
owned subsidiary of International Game Technology  ("IGT"),  as well as the sale
of shares of common stock of WagerWorks,  Inc., a majority  owned  subsidiary of
Silicon,  contemporaneously  with  the  consummation  of the  merger.  A copy of
Silicon's  press release is attached  hereto as Exhibit 99.1 and is incorporated
herein by reference.

                                   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.


                                         SILICON GAMING, INC.


Date: March 27, 2001                     By: /s/ Andrew S. Pascal
                                             -----------------------------------
                                             Name:  Andrew S. Pascal
                                             Title: Chief Executive Officer
                                                    and President

EX-99.1

                                                                    Exhibit 99.1


FOR IMMEDIATE RELEASE                             CONTACT: Bob McIver
March 27, 2001                                             Investor Relations
                                                           775-448-0880

                     INTERNATIONAL GAME TECHNOLOGY ANNOUNCES

                   CONSUMMATION OF MERGER WITH SILICON GAMING

(RENO, NEV.) -- International Game Technology (NYSE: IGT) and Silicon Gaming,
Inc. (OTCBB: SGIC.OB) jointly announced today the consummation of their
previously announced merger, pursuant to which Silicon Gaming merged with a
wholly owned subsidiary of International Game Technology in a cash-for-stock
merger.

     Contemporaneously with the completion of the merger, Silicon sold its
shares (other than shares representing 4.9%) of WagerWorks, Inc., a majority
owned subsidiary of Silicon Gaming, for approximately $6.2 million. Silicon
Gaming received a fairness opinion from US Bancorp Libra that the disposition of
the shares of WagerWorks for the consideration received was fair to the company
and its equity holders, taken as a whole from a financial standpoint.

     Pursuant to the merger and taking into account the sale of the shares of
WagerWorks, Inc., shareholders of Silicon Gaming, including the holders of
39,750 outstanding shares of the company's Series D Preferred Stock convertible
into 174,285,127 shares of common stock, will receive cash in an amount equal to
approximately $0.119345 per share of common stock.

     "I am pleased that we were able to bring this merger to a smooth close and
confident that, by combining Silicon's technology with our existing product
development efforts, IGT will deliver additional value to both our customers and
the industry," said Tom Baker, President and Chief Executive Officer of IGT.

     Silicon Gaming's Exchange Agent, EquiServe Trust Company, N.A., will
distribute a Letter of Transmittal to the stockholders of Silicon Gaming with
instructions on how stockholders may receive their merger consideration. In
order to receive a check for the amount payable, stockholders must complete the
Letter of Transmittal and mail or hand deliver it, with any other required
documents, to EQUISERVE TRUST COMPANY, N.A, the Exchange Agent, at the locations
specified in the Letter of Transmittal. Stockholders are urged to carefully
read, complete and return the Letter of Transmittal so that they may promptly
receive their check.

     Silicon Gaming stock ceased to trade on the OTC Bulletin Board effective
the close of business March 27, 2001. Stock certificates of Silicon Gaming now
represent only the right to receive approximately $0.119345 per share in cash.
Questions regarding how to surrender stock certificate(s), or to request
additional copies of the Letter of Transmittal, should be addressed to the
Exchange Agent at (781) 575-3120.

     Silicon Gaming designs and manufactures a full line of innovative wagering
products, including the "Family Feud Wagering Attraction," and an extensive
library of game applications including "Phantom Belle," "Banana-Rama," "Eureka,"
"Cash Cruise," "TopHat 21" and "Hot Reels." For more information on Silicon
Gaming, visit the company's website at www.silicongaming.com.

     IGT is a world leader in the design, development and manufacture of
microprocessor-based gaming products and software systems in all jurisdictions
where gaming is legal. For more information on International Game Technology,
visit the company's web site at www.IGT.com.

                           FORWARD LOOKING STATEMENTS

     Statements in this release that are not historical facts may be "forward
looking" statements under the Private Securities Litigation Reform Act of 1995.
These matters involve risks and uncertainties. More information on factors that
could affect the business and financial results of International Game Technology
and Silicon Gaming are included in their respective Annual Reports on Form 10-K
and in their other public filings made with the Securities and Exchange
Commission.