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Ever wondered what it takes to make those bells and whistles on your Bally slot machines? Bally Technologies chief operating officer Gavin Isaacs takes us through the inner workings of the companys manufacturing facility
* Q1 EPS $0.53 in line with est * Q1 rev falls 17 pct to $196.5 mln * Ups FY EPS range by 5 cents Oct 29 (Reuters) - Slot machine maker Bally Technologies Inc posted a slightly higher
http://www.reuters.com/article/marketsNews/idCNBNG41412720091029?rpc=44
Slot-machine maker Bally Technologies Inc. said Thursday its fiscal first-quarter earnings inched higher despite declining sales, mostly due to a 34 percent drop in costs during the period. The company earned $30.6 million, or 53 cents per share, compared...
NEW YORK, October 23 (newratings.com) - Analysts at Morgan Joseph reiterate their "buy" rating on Bally Technologies (ticker: BYI). The target price has been raised from $47 to $57. [more]
http://www.newratings.com/en/main/company_headline.m?id=1980674
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Nov 20, 2009 (SmarTrend(R) Research Reports via COMTEX) --
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SmarTrend, our proprietary pattern recognition system, called an Uptrend for Bally Technologies (NYSE:BYI) on October 08, 2009 at $39.88. Since then, Bally Technologies has returned 6.5% as of today's recent price of $42.48.
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Tags: market nyse research securities technology trial
Companies: Bally Technologies Inc (BYI)
Nov 13, 2009 (Fresh Brewed Media via COMTEX) --
Bally Technologies (NYSE: BYI) closed yesterday at $42.48. So far the stock has hit a 52-week low of $12.21 and 52-week high of $45.32. Bally Technologies stock has been showing support around 40.97 and resistance in the 44.79 range. Technical indicators for the stock are Bullish and S&P gives BYI a positive 4 STAR (out of 5) buy rating. BYI appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at a Jan '10 40 covered call (BYI AH) for a net debit in the $37.88 area. That is also the break even stock price for this trade. This covered call has a 64 day duration, provides 10.83% downside protection and a 5.60% assigned return rate for a 31.92% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the BYI Jan '11 12.50 Call (VHA AV) and selling the Jan '10 40 call (BYI AH) for a $26.50 debit. The trade has a 64 day life and would provide 8.19% downside protection and a 3.77% assigned return rate for a 22.00% annualized return rate (for comparison purposes only). Bally Technologies does not pay dividends at this time.
FBB-Seven Summits Research Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Tags: dividends investment opinion nyse research S&P trade
Companies: Bally Technologies Inc (BYI)
LAS VEGAS, Nov 11, 2009 (BUSINESS WIRE) --
Bally Technologies, Inc. (NYSE: BYI), a leader in slots, video machines, and casino-management systems for the global gaming industry, received top honors in the 8th Annual Global Gaming Business Gaming & Technology Awards, including two first-place endorsements for games and systems innovation. Bally's innovation won more awards than any other company for the second year in a row.
Bally earned two first-place nods -- the only company to take the top spot for more than one award -- in this yearly competition which ranks among the gaming industry's most prestigious awards for technology, products, and services that enhance the gaming experience. The honors, determined by a prestigious panel of judges with years of gaming-industry experience, are designed to recognize and encourage innovation and technology in the rapidly changing casino industry.
"We are very excited about the innovation explosion at Bally," said Richard Haddrill, Bally's Chief Executive Officer. "With half of our employees concentrating on R&D, and a renewed focus on customer and player feedback, our new products are the most innovative in our 77-year history. We will continue working hard to deliver games that delight players and drive revenue, and systems technology that provides operational efficiencies and new ways to enhance customer service, communication, and marketing."
Bally won first place in the 'Best Slot Product' category for the Company's new Cash Spin(TM) game with U-Spin(TM) and Interactive Reels(TM) (iReels(TM)) technology. Cash Spin features a bonus round in which the player actually spins the wheel on the special, touch-enabled LCD screen that senses both the pressure and speed of a person's hand gestures, providing a new level of player control and interaction.
Bally's Biometric Recognition(TM) took first-place honors in the 'Best Productivity-Enhancement' category. As the industry's first product to incorporate distributed surveillance and biometric recognition, this system uses a miniature camera on each gaming machine to capture a patron's photo. This enables numerous applications, including cardless player tracking; anonymous self exclusion; employee validation; and money-laundering monitoring.
Other Bally products recognized for innovation were:
-- Best Consumer-Service Technology -- 2nd Place: CoolSign(TM) Media-Management Solution for property-wide control of all digital signage.
-- Best Productivity-Enhancement Technology -- 3rd Place: Bally Business Intelligence(TM) data, visualization, and campaign-management solution.
-- Best Productivity-Enhancement Technology -- Honorable Mention: Live Floor View(TM), a new configurable application developed to enable Bally systems customers to track real-time slot performance; identify carded and uncarded hot players; and evaluate comparative user-configurable time periods with numerous filtering options.
-- Best Slot Product -- Honorable Mention: Bally's Reel Image(TM) video slot, which uses a proprietary LED projection system to present a series of three, four, or five video reels that actually curve to resemble the look, feel, and play dynamics of a mechanical reel-spinner.
All of Bally's award-winning products will be on display in Bally's Global Gaming Expo (G2E) booth #1220 November 17-19 at the Las Vegas Convention Center.
The Gaming & Technology awards ceremony is being held during G2E at 11 a.m. Wednesday, November 18 on the Entertainment Stage in the lobby of the Las Vegas Convention Center.
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, and Class II, lottery and central determination games and platforms. As the world's No. 1 gaming-systems company, Bally also offers an array of casino management, slot accounting, bonusing, cashless and table management solutions. The Company also owns and operates Rainbow Casino in Vicksburg, Miss. For more information, please contact Laura Olson-Reyes, Director of Corporate Communications, at 702-584-7742, or visit http://www.BallyTech.com.
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.
SOURCE: Bally Technologies, Inc.
Bally Technologies, Inc. Laura Olson-Reyes, 702-584-7742 Director of Corporate Communications Lolson-reyes@ballytech.com Michael Carlotti, 702-584-7995 Vice President of Investor Relations and Capital Markets mcarlotti@ballytech.com
Tags: accounting business business intelligence ceo communications consumer corporate explosion lottery manufacturer marketing media money nyse productivity products property revenue technology track video
Companies: Bally Technologies Inc (BYI)
Nov 12, 2009 (Close-Up Media via COMTEX) --
Bally Technologies, Inc., a provider of slots, video machines, and casino-management systems for the global gaming industry, said that it is sending top executives to the Global Gaming Expo (G2E) Nov. 16-19 to speak about gaming technology innovations and a number of other subjects.
As part of G2E's 2009 conference program, Bally's Chief Executive Officer Richard Haddrill will participate in a panel discussion at 10:15 a.m. Monday, Nov. 16 on "Selling the Sizzle: Slot Manufacturers Roundtable," focusing on new technology that can provide casino operators more revenue, less maintenance, and higher player acceptance.
In a release, the group noted event details:
WHAT: Bally Technologies G2E 2009 Speakers
Monday, November 16
CEO Richard Haddrill: Selling the Sizzle: Slot Manufacturers Roundtable ? 10:15-11:15 a.m. Room N115
Tuesday, November 17
Executive Vice President - Bally Systems Ramesh Srinivasan: State of the Art: The Impact of Networked Gaming, Part 1 - 9:15-10:15 a.m. Room N110
Senior Vice President, Strategy & Business Development Bruce Rowe: The Possibilities: The Impact of Networked Gaming, Part 2 - 11:45-12:45 p.m. Room N110
Senior Vice President of Human Resources Gary Kapral: Relating and Motivating: Communicating Across Generations - 11:45-12:45 p.m. Room N103
Senior Director of Business Initiatives Dan Marcus: Managing in Difficult Times: How Technology Can Help - 3:15-4:15 p.m. Room N110
Wednesday, November 18
Chief Operating Officer Gavin Isaacs: Younger and Fresher: The 'New' Casino Player - 11:45-12:45 p.m. Room N110
General Counsel Mark Lerner: General Counsels' Roundtable: Practical Solutions in an Impractical World - 11:45-12:45 p.m. Room N103
Thursday, November 19
Vice President of Systems Product Management Tom Doyle: The Entire Package: Player Tracking Beyond the Casino Floor - 9:15-10:15 a.m. Room N111
WHERE:
Global Gaming Expo (G2E) 2009 Las Vegas Convention Center 3150 Paradise Road Las Vegas, Nevada 89109
((Comments on this story may be sent to newsdesk@closeupmedia.com))
Tags: business ceo conference executive human resources nevada president product management revenue state of the art technology video
Companies: Bally Technologies Inc (BYI)
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is firmly established as a leading supplier of innovative products to the gaming industry. It is the intelligence, teamwork, tenacity and vision of our employees that allows us to provide the major corporate casinos with the entire spectrum of gaming machines and technology.
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http://www.newratings.com/headlines/Bally-Technologies-Inc-_US05874B1070.html
New partnership introduces Points’ industry-leading technology to the gaming industry TORONTO, October 25 2006 – Points International Ltd. (TSX: PTS; OTCBB: PTSEF)—owner and operator of Points.
http://www.integratir.com/newsrelease.asp?news=2130980685&ticker=T.PTS&lang=EN
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Bally Technologies, Inc. NYSE: BYIis an American corporation based in Las Vegas, Nevada and is the descendant and continuation of the...
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http://www.portfolio.com/resources/company-profiles/Bally-Technologies-Incorporated-946
Bally Technologies Incorporated; Type: Public (NYSE: BYI) Founded: 1968: Headquarters: Las Vegas, Nevada, USA: Industry: Casino games Accounting systems: Products