Bally Technologies Receives First Recommendation for Online Gaming License in the United States by Nevada Gaming Control Board
June 06 2012 - 4:02PM
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 became the first company to receive a recommendation from the
Nevada Gaming Control Board (NGCB) for an interactive gaming
supplier license.
Bally Technologies' CEO Richard Haddrill
said, "This is a historic day for Bally Technologies, for Nevada,
and for the gaming industry." (Photo: Business Wire)
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.
“This is a historic day for Bally Technologies, for Nevada, and
for the gaming industry,” said Bally Technologies’ Chief Executive
Officer Richard Haddrill. “We are very grateful for the Board’s
recommendation and are excited about being the first company
recommended by a U.S. state for licensing to offer online gaming
products and services.”
Haddrill added, “We are proud to achieve yet another milestone
in our 80-year history and look forward to further supporting our
Nevada casino customers with our technology in this exciting
arena.”
At the NGCB’s meeting today, board members unanimously
recommended Bally Technologies for a license to act as an
interactive gaming system manufacturer and service provider. This
will enable Bally to provide business-to-business iGaming solutions
for the state’s casino operators, including wager-based online
poker.
The NGCB’s recommendation is scheduled to be reviewed by the
Nevada Gaming Commission during its June 21, 2012 meeting, where a
final decision will be made.
If approved, Bally Technologies will offer its iGaming platform
technology and content to casino operators to enable them to
provide online gaming to their players. Bally’s iGaming platform’s
open architecture 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, and sports betting when authorized.
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. –
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