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Bally Technologies

09/28/2009 - 00:41 / Posted by nicolae

Bally Technologies logo

Type Public (NYSE: BYI)
Founded 1968
Headquarters Las Vegas, Nevada, USA
Industry Casino games
Accounting systems
Products Video slot machines, Reel Slot machines, Casino Management systems
Revenue ▼ $547 million USD +13.2% FY '05 to '06)
Subsidiaries ACSC, MCC, SDS
Website ballytech.com

Bally Technologies, Inc. NYSE: BYI[1][2]is an American corporation based in Las Vegas, Nevada and is the descendant and continuation of the original Bally Manufacturing Corporation of Chicago.

Bally Technologies was founded in 1968 as "Advanced Patent Technologies". It eventually changed its name to "Alliance Gaming Corporation" and acquired, in 1996, "Bally Gaming International" (a former division of the Bally Manufacturing Corporation), which it decided to run as a subsidiary under the name "Bally Gaming and Systems". In 2006, the entire Alliance Gaming Corporation organization was officially renamed Bally Technologies Inc.

The Bally brand name has been in existence since 1932 with a complex history of reorganizations, mergers, and divestitures. It has its roots as an early and maker of pinball games, and later with slot machines. It also has been associated with both the health club and hotel/resort industries.

Links

References

  1. ^ a "Listed Companies: Bally Technologies, Inc.". New York Stock Exchange.
  2. ^ a "Bally Technologies Inc. - Company Information".

This guide is licensed under the GNU Free Documentation License. It uses material from the Wikipedia.

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