Bally Technologies Announces Illinois Contracts Totaling Sales and Lease of More Than 4,000 Video Gaming Terminals
More than 3,000 Video Gaming Terminals will be connected to Bally gaming systems
LAS VEGAS--(BUSINESS WIRE)-- Bally Technologies, Inc. (NYS: BYI) , a leader in slots, video machines, casino-management, interactive applications, and networked and server-based systems for the global gaming industry, today announced contracts with leading gaming providers in Illinois to bring more than 4,000 Bally Video Gaming Terminals (VGTs) to the state, which are expected to be deployed over the next 24 months.
Two of the largest terminal operators in the state have signed more than 50 percent ship share with Bally. These contracts, combined with several other deals within the state, have given Bally a leading position, with more than 4,000 VGT devices signed thus far. Additionally, more than 3,000 Video Gaming Terminals will be connected to the Bally MultiConnect™ enterprise-wide centralized accounting and management system throughout the state.
Two examples of leading VGT operators in Illinois are J & J Ventures Gaming LLC and Grand River Jackpot LLC. Each is providing Bally VGTs and the Bally MultiConnect to their customers. These two operators represent more than 1,500 locations throughout the state.
"Bally Technologies is a company that originated in Illinois and it maintains an impressive office in the area," said J & J Owner Jack Jansen. "Bally is a respected full-service provider with a history demonstrating excellence."
Grand River Chief Executive Officer Gary Hoyer said, "We're excited to partner with one of the industry leaders in Video Gaming Terminals and gaming systems solutions. Bally's 80-year history speaks for itself, and through our previous working relationship, we knew they would be the perfect fit in Illinois."
The Bally VGTs in Illinois will include a variety of ALPHA 2 Pro™ V22/22 and Pro V32 titles, including iconic Bally games such as Blazing 7s™ and Quick Hit®.
"The level of market acceptance of Bally's VGT product line in Illinois is a clear indicator of the momentum we are experiencing within the VGT sector worldwide," said Bally Technologies' Vice President of Business Development John Connelly. "Bally continues to make calculated investments within the Video Lottery Terminal industry and we are confident this will result in continued incremental growth in the future."
About Bally Technologies, Inc.
With a history dating back to 1932, Las Vegas-based Bally Technologies designs, manufactures, operates, and distributes advanced gaming devices, systems and technology solutions worldwide. Bally's product line includes reel-spinning slot machines, video slots, wide-area progressives, interactive and mobile applications, and Class II, lottery, and central-determination games and platforms. Bally also offers an array of casino management, slot accounting, bonusing, cashless and table management solutions. For more information, please contact Laura Olson-Reyes, Senior Director of Corporate Marketing and Communications, at 702-584-7742, or visit http://www.ballytech.com. Connect with Bally on Facebook, Twitter, YouTube and LinkedIn.
This news release may contain "forward-looking" statements within the meaning of the Securities Act of 1933, as amended, and is subject to the safe harbor created thereby. Such information involves important risks and uncertainties that could significantly affect the results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements.Future operating results may be adversely affected as a result of a number of risks that are detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update the information in this press release and represents that the information is only valid as of today's date.
- BALLY TECHNOLOGIES, INC. -
Bally Technologies, Inc.
Laura Olson-Reyes, 702-584-7742
Senior Director, Marketing & Corporate Communications
Michael Carlotti, 702-584-7995
Vice President of Treasury and Investor Relations
Mike Trask, 702-584-7451
Corporate Communications Manager
KEYWORDS: United States North America Illinois Nevada
The article Bally Technologies Announces Illinois Contracts Totaling Sales and Lease of More Than 4,000 Video Gaming Terminals originally appeared on Fool.com.
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