ALLIANCE GAMING CORP
EXHIBIT 10.35
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<DESCRIPTION>EXHIBIT 10.35
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<P align="right"><FONT size="2">Exhibit&nbsp;10.35
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<P><FONT size="2">August&nbsp;15, 2000
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<P><FONT size="2">Mark Lerner, Assistant General Counsel<BR>
Alliance Gaming Corporation<BR>
6601 South Bermuda Road<BR>
Las Vegas, Nevada 89119
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<P><FONT size="2">Dear Mark:
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<P><FONT size="2">In accordance with a resolution of the board of directors of Alliance Gaming
Corporation, Alliance offers you the positions and titles of Senior Vice
President of Law and Government Affairs, General Counsel, and Secretary, as
well as Secretary in appropriate cases of the Alliance subsidiaries. Your
duties and oversight responsibilities will include the Alliance legal and
regulatory compliance departments. You will report directly to the president of
Alliance and to the Alliance board of directors. Effective as of July&nbsp;14, 2000,
your annual salary will be increased to $220,000, and you will also be eligible
to receive regular salary reviews, bonuses, stock options, insurance, expenses,
and other benefits commensurate with your position with Alliance. Alliance
will pay the costs and fees of any licensing required because of your new
positions. If at any time Alliance or any successor-in-interest to Alliance
terminates your employment without cause (including, without limitation, after
or as the result of a merger, acquisition, spin-off, or other transaction or
change of control), or if you terminate your employment with Alliance or any
successor-in-interest to Alliance for cause, Alliance or its successor in
interest as the case may be shall continue to pay your base salary (subject to
customary withholding) and benefits for up to six months after the termination
date, offset by any compensation and benefits you receive from other employment
during that period. This letter shall be binding on Alliance and any of its
successors-in-interest.
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<P><FONT size="2">If you accept this offer, please sign below and return this letter to me. A
copy is enclosed for your records. Once signed and returned, this letter will
comprise a binding agreement between you and Alliance.
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<P><FONT size="2">Sincerely,
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<P><FONT size="2">ALLIANCE GAMING CORPORATION
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<P><FONT size="2">Robert L. Miodunski, President
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<P><FONT size="2">Letter to Mark Lerner<BR>
August&nbsp;15, 2000<BR>
Page 2
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<P><FONT size="2"><B>ACCEPTANCE</B>
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<P><FONT size="2">I have read the foregoing letter, and I understand and accept its terms.
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        <TD width="50%"><FONT size="2">Mark Lerner</FONT></TD>
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