A gaming machine (1): variably displays a plurality of symbols on a lower image display panel (141) in response to an external input; randomly determining symbols (501) to be rearranged on the lower image display panel (141); determining one of game results based on the symbols (501) randomly determined; executing a common indication effect common to all the game results; and after common indication effect is executed, executing an individual indication effect according to the game result determined while the symbols are variably displayed.