Bally Technologies Announces Agreement with Ontario Lottery and Gaming Corporation to Launch New Wid
Bally Technologies Announces Agreement with Ontario Lottery and Gaming Corporation to Launch New Wide-Area Progressive Jackpot Link
Company to provide branded games along with WAP link
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 an agreement with the Ontario Lottery and Gaming Corp. (OLG) to supply its progressive system technology and award-winning slot machines to create a $1 million wide-area progressive jackpot (WAP) link.
OLG's link - MIGHTY MILLIONAIRE - will initially be offered on about 90 games at 19 different gaming venues across Ontario beginning this month. OLG awarded Bally Canada the project following an RFP process to replace and refresh the previous jackpot link.
Some of Bally's most popular games will be featured on the new link, including well-known licensed brands Michael Jackson King of Pop™ and Betty Boop's™Fortune Teller, as well as Money Vault™, Cash Spin Jackpot™, and Golden Pharaoh™.
Bally Technologies' Vice President and Managing Director - Canada, Robert J. Parente, said, "Bally is proud to team up with OLG and provide a new player experience with an exciting combination of our WAP technology and featured slot machines."
The Ontario Lottery and Gaming Corporation (OLG) is a provincial agency responsible for province-wide lottery games and gaming facilities. Since 1975, OLG lotteries, casinos, slots, and resort casinos have generated more than $34 billion for the benefit of the Province of Ontario. For more information, please visit http://www.olg.ca.
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, Marketing & Corporate 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. -
Michael Jackson − ©2012 Triumph International, Inc. under license from Bravado Merchandising. All rights reserved. GREASE − ©2012 Paramount Pictures. All Rights Reserved. Betty Boop's Fortune Teller™.
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 Canada Nevada
The article Bally Technologies Announces Agreement with Ontario Lottery and Gaming Corporation to Launch New Wide-Area Progressive Jackpot Link originally appeared on Fool.com.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.