Bally Technologies Announces Agreement with Atlantic Lottery Corporation to Provide More Than 1,500 Video Lottery Terminals
May 24 2012 - 12:00PM
Business Wire
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 announced an agreement to provide 1,576 video lottery
terminals (VLTs) to the Atlantic Lottery Corporation following a
competitive procurement process.
The seven-year contract for VLTs represents approximately 27
percent of video lottery terminals being replaced by Atlantic
Lottery, which operates lottery games in four Canadian provinces
including New Brunswick, Newfoundland and Labrador, Nova Scotia,
and Prince Edward Island.
“We are extremely honored to be selected as a key supplier of
VLTs in Atlantic Lottery’s effort to replace its aging fleet,” said
Bally Technologies’ Vice President and Managing Director of Canada
Robert J. Parente. “This agreement affirms Bally’s commitment and
focus to provide innovative technology for the Canadian gaming
market.”
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, Corporate Marketing &
Communications, at 702-584-7742, or visit http://www.ballytech.com.
Connect with Bally on Facebook, Twitter, YouTube and LinkedIn.
About Atlantic Lottery
Atlantic Lottery is the regulated provider of gaming in Atlantic
Canada and is owned jointly by the four Atlantic provincial
governments: New Brunswick, Prince Edward Island, Nova Scotia and
Newfoundland and Labrador. The corporation returns 100% of its
profits to the four provinces to help fund essential public
services like roads, schools and hospitals. Since 1976, it has
returned $7.1 billion in profits to the region, including $371
million last year alone. In addition, Atlantic Lottery’s presence
in the region helped create 9,000 direct and indirect jobs in 2011.
To learn more about Atlantic Lottery, visit www.askaway.ca.
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. –