Bally Technologies Receives First Online Gaming License In United States
Bally Technologies, Inc. (NYSE: BYI), a leader in slots, video machines, casino-management, interactive applications, and networked and server-based systems for the global gaming industry, today became the first company to receive an interactive gaming supplier license from the Nevada Gaming Control Board (NGCB).
Nevada is the first state to adopt a statute allowing interactive gaming and the first state to adopt regulations for online gaming of any kind.
“We are grateful to the State of Nevada for this opportunity,” said Bally Technologies’ Chief Executive Officer Richard Haddrill. “We look forward to Bally expanding its leadership role in this exciting new arena of online gaming.”
At the NGCB’s meeting today, board members unanimously approved Bally Technologies for a license to act as an interactive gaming system manufacturer and service provider. This enables Bally to provide business-to-business iGaming solutions for the state’s casino operators, including wager-based online poker.
Bally Technologies is offering its iGaming platform technology and content to casino operators. The Company’s iGaming platform features an open architecture, which enables operators to choose from best-of-breed content from a multitude of providers. The iGaming platform is also designed for mobile integration and is ready to accommodate online wagering beyond poker, such as casino table games, video slots, bingo, social, and sports wagering when authorized. Bally expects to make incremental investments in its interactive division during fiscal 2013 and beyond to ensure leadership in business-to-business iGaming support for the casino industry. 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. –Select the service that is right for you!
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