8-K

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                       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): February 2, 2002


                    INNOVATIVE GAMING CORPORATION OF AMERICA
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             (Exact name of registrant as specified in its charter)




        MINNESOTA                           22482                 41-1713864
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(State or other jurisdiction     (Commission File Number)      (IRS Employer
     of incorporation)                                       Identification No.)



333 ORVILLE WRIGHT COURT, LAS VEGAS, NEVADA                        89119
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 (Address of principal executive offices)                        (Zip Code)

       Registrant's telephone number, including area code: (702) 614-7199


                                 NOT APPLICABLE
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)

                         Exhibit Index Appears on Page 4


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ITEM 5.  OTHER EVENTS.

         The Registrant's Press Release dated February 2, 2002 which is filed as
Exhibit 99.1 to this Form 8-K, is incorporated herein by reference.


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

(c)      Exhibits

  99.1   Press Release dated February 2, 2002







                                    SIGNATURE

         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.

                                         INNOVATIVE GAMING CORPORATION
                                         OF AMERICA
                                         (Registrant)


Date: February 4, 2002                   By: /s/ Laus M. Abdo
                                             -----------------------------------
                                             Name: Laus M. Abdo
                                             President & Chief Financial Officer









                                  EXHIBIT INDEX




EXHIBIT NO.                DESCRIPTION                                                         PAGE
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      99.1                 Press Release dated February 2, 2002                                  5

EX-99.1

                                                                    Exhibit 99.1
[IGCA LOGO]
INNOVATIVE GAMING CORPORATION OF AMERICA

SATURDAY, FEBRUARY 2, 2002
PRESS RELEASE

SOURCE: Innovative Gaming Corporation of America

                           INNOVATIVE GAMING ANNOUNCES
                       AGREEMENT TO ACQUIRE GET USA, INC.


LAS VEGAS, February 2 / PRNewswire / -- INNOVATIVE GAMING CORPORATION OF AMERICA
(Nasdaq: IGCA - news) today announced an agreement to acquire GET USA, Inc., a
privately held U.S. corporation which holds all of the assets of Australian
corporation Gaming & Entertainment Technology (GET) and GET Holdings. Upon
receipt of required shareholder and regulatory approvals, GET USA will be merged
into a wholly owned subsidiary of IGCA. IGCA will issue common stock equivalent
to 49% of IGCA's common stock outstanding at the time the merger is consummated.
IGCA proposes to rename the merged entity GET, Inc.

Commenting on the proposed acquisition, Tom Foley, Chairman and CEO of IGCA
said, "With access to the GET game library of 50 games, IGCA will substantially
increase its product offerings in the near term. This will enhance our
competitive position in our traditional slot machine business. We will begin
joint development of several exciting new product offerings immediately under
our interim consulting and development agreement. We are excited about the
potential that this combination will produce in moving the Company forward."

Merging GET's Internet gaming platform and game titles with IGCA's Linux-based
slot operating system creates a diverse product range suitable for
"bricks-and-mortar" casinos as well as virtual casinos. It enables Wide Area
Progressive games which will provide high entertainment value and exciting
jackpots. Prior to consummating the proposed merger, GET and IGCA will enter
into a consulting and joint development agreement through which the companies
can begin to realize the benefit of this strategic alliance while awaiting the
approvals necessary to consummate the transaction. GET will continue with its
existing activities in the regulated Internet gaming and lottery markets, and
IGCA will continue to pursue its business plan including the continued placement
of gaming devices under its participation model.

Formed in 1995 with the aim of producing a government accredited online gaming
system, Gaming & Entertainment Technology is a leading-edge developer of
state-of-the-art gaming systems for regulated jurisdictions. Australian state
governments, considered the most stringent Internet gaming jurisdictions in the
world, have approved GET's technology. GET is a licensed gaming manufacturer in
Australia, having been reviewed for suitability in an investigation similar to
that conducted by United States gaming regulators. Unlike many other providers
of Internet casino operating software, GET has never permitted its licensees to
accept wagers from the United States or any jurisdiction in which Internet
gaming is not legal.

GET has invested more than five years in developing a comprehensive multi-player
networked entertainment platform, supporting a diverse range of gaming and
entertainment applications. GET's 50 employees develop software from its Sydney,
Australia offices. With a knowledge base covering all aspects of game
development, GET has experienced professionals at all levels including Java
programmers, graphic designers, 3D modelers and web developers. GET has a strong
creative services department that specializes in full multimedia site
production, including 3D walk-through environments, video streaming and sound
production. Further information on GET is available at www.getsystems.com.






Tibor Vertes, Chairman of GET stated, "In exploring our previously announced
joint venture with IGCA, we determined that the formal merger of GET's existing
server-based, regulated gaming system with IGCA's traditional land-based gaming
machines presented unique opportunities to introduce new technology to the
traditional casino floor while further enhancing our superior Internet casino
operating platform."

Laus Abdo, IGCA's President and CFO stated, "This acquisition is another
positive step forward for IGCA as it emerges from its recent restructuring.
Although we are still addressing some short term liquidity issues, we continue
to make progress in our negotiations. Based on our analysis, we expect the
acquisition to be accretive to IGCA. Combining the resources of IGCA and the
technology owned by GET is a natural. Subject to obtaining requisite gaming
approval for new products, GET's system functionality will give IGCA the
immediate ability to exploit system- and server-based gaming opportunities
including lottery, video lottery, and Wide Area Progressive systems."

Innovative Gaming Corporation of America, through its wholly-owned operating
subsidiary, Innovative Gaming, Inc., develops, manufactures and distributes fast
playing, high-entertainment gaming machines. The Company distributes its
products both directly to the gaming market and through licensed distributors.
Further information on IGCA is available at www.igca.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: Except for historical information, the forward looking matters discussed
in this news release are subject to certain risks and uncertainties including,
but not limited to, the Company's liquidity and ability to obtain additional
short term and long term financing, shareholder approvals, the financial
performance of GET, the timing of regulatory approvals, as well as other risks
indicated from time to time in the Company's filings with the Securities and
Exchange Commission, such as the Company's Form 10K for the fiscal year ended
December 31, 2000. Furthermore, although the Company has performed due diligence
on GET, the Company has relied upon certain information provided by GET. The
Company assumes no obligation to update or supplement forward-looking statements
that become untrue because of subsequent events.

For Further Information, contact:

IGCA Investor Relations
Anthony D. Altavilla                    Laus M. Abdo
Managing Director                       President & Chief Financial Officer
Redwood Consultants, LLC.               Innovative Gaming Corporation of America
Phone: 415-380-0500                     Phone: 702-614-7199