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:                        August 3, 2005
    (Date of Earliest Event Reported)               (July 28, 2005)


                             MULTIMEDIA GAMES, INC.
-------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in Its Charter)
                                    001-14551
                            (Commission File Number)




                   Texas                                       74-2611034
---------------------------------------                   -------------------
       (State or Other Jurisdiction                          (IRS Employer
             of Incorporation)                            Identification No.)



  206 Wild Basin Rd., Bldg. B, Suite 400,                        78746
               Austin, Texas                                   (Zip Code)
 (Address of Principal Executive Offices)



       Registrant's telephone number, including area code: (512) 334-7500

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following   provisions  (see  General  Instruction  A.2.  below):

[_]  Written communications pursuant to Rule 425 under the Securities Act 
     (17 CFR 230.425)

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

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

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







ITEM 2.02. RESULTS OF OPERATION AND FINANCIAL CONDITION.

On July 28, 2005,  Multimedia  Games,  Inc.  (the  "Registrant")  issued a press
release announcing its third-quarter  fiscal year 2005 results,  and on the same
date held a related  conference call to discuss these results.  The full text of
the press release issued in connection  with the  announcement,  and the related
conference  call  transcript  are attached to this Current Report on Form 8-K as
Exhibit Nos.  99.1 and 99.2,  respectively.  The July 28, 2005 press release and
the conference call transcript contain forward-looking  statements regarding the
Registrant, and include cautionary statements identifying important factors that
could cause actual results to differ materially from those anticipated.

USE OF NON-GAAP FINANCIAL INFORMATION

The  Registrant  uses the non-GAAP  measure of EBITDA in its earnings  releases.
EBITDA  is  defined  as  earnings  before  interest,   taxes,  depreciation  and
amortization.  Although  EBITDA is not a measure of  performance  calculated  in
accordance  with  generally  accepted  accounting   principles   ("GAAP"),   the
Registrant believes the use of the non-GAAP financial measure EBITDA enhances an
overall  understanding  of  the  Registrant's  past  financial  performance  and
provides  useful  information to the investor,  because of its historical use by
the Registrant as a performance  measure, and the use of EBITDA by virtually all
companies in the gaming equipment  sector as a measure of performance.  However,
investors  should not consider this measure in isolation or as a substitute  for
net  income,  operating  income,  or  any  other  measure  for  determining  the
Registrant's  operating  performance that is calculated in accordance with GAAP.
In addition,  because EBITDA is not  calculated in accordance  with GAAP, it may
not  necessarily be comparable to similarly  titled  measures  employed by other
companies.  The Registrant has included a  reconciliation  of EBITDA to the most
comparable GAAP financial measure, net income, in the attached press release.

The information in this Current Report on Form 8-K,  including Exhibits 99.1 and
99.2,  shall not be deemed to be  "filed"  for  purposes  of  Section  18 of the
Securities  Exchange Act of 1934, as amended (the "Exchange  Act"), or otherwise
subject to the  liability  of that  section,  and shall not be  incorporated  by
reference  into any  registration  statement or other  document  filed under the
Securities  Act of 1933,  as amended,  or the Exchange  Act,  except as shall be
expressly set forth by specific reference in such filing.







ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(c) Exhibits. 

EXHIBIT NO. DESCRIPTION
----------- -----------
   99.1     Press Release, dated July 28, 2005, announcing
            third-quarter fiscal year 2005 results

   99.2     Transcript of third-quarter fiscal year 2005 
            earnings conference call






                                   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.


                                MULTIMEDIA GAMES, INC.



Dated:  August 3, 2005          By:        /S/  CRAIG S. NOUIS          
                                         -------------------------------
                                         Craig S. Nouis
                                         Chief Financial Officer and
                                         Principal Accounting Officer





                                  EXHIBIT INDEX




EXHIBIT NO. DESCRIPTION
----------- -----------
   99.1     Press Release, dated July 28, 2005, announcing
            third-quarter fiscal year 2005 results

   99.2     Transcript of third-quarter fiscal year 2005 
            earnings conference call