LAS VEGAS, Feb. 6 /PRNewswire-FirstCall/ -- Alliance Gaming Corp. (NYSE:AGI) announced today that it has included in its annual proxy statement delivered to shareholders a proposal to officially change the name of the Company to Bally Technologies, Inc. to more appropriately reflect the Company's focus on technology and innovation and to further build on the powerful Bally brand. Upon approval of shareholders, the name change would be officially announced at the annual meeting of shareholders on March 6, 2006. Bally Technologies, Inc. is expected to start trading on the New York Stock Exchange under the ticker symbol BYI as early as March 7, 2006. "Our Company made the decision several years ago to focus our energy and investments on being a leader in supplying technology to the gaming industry. The proposed name change to Bally Technologies, Inc. is a reflection of the progress we have made toward that goal and an extension of our long-term strategic plan," said Richard Haddrill, CEO of Alliance Gaming. "The signature Bally script logo is known worldwide and our forthcoming 75th anniversary in 2007 is a reminder to us and our stakeholders of the long-standing value of the Bally name in the gaming industry. Given our enhanced commitment to research and development, the Bally Technologies, Inc. name also more accurately reflects our corporate identity as a true technology provider." Las Vegas-based Bally Gaming and Systems, a business unit of Alliance Gaming Corp. (NYSE:AGI), designs, manufactures, operates and distributes advanced gaming devices and systems worldwide. Additional information on the Company can be found at http://www.alliancegaming.com/, http://www.ballygaming.com/ or http://www.ballysystems.com/. The Company also owns and operates Rainbow Casino in Vicksburg, Miss. 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. Investor Contact: Mark Lipparelli Media Contact: Marcus Prater Alliance Gaming Bally Gaming and Systems (702) 270-7600 (702) 896-7828 DATASOURCE: Alliance Gaming Corp. CONTACT: Investor Contact - Mark Lipparelli of Alliance Gaming, +1-702-270-7600, or Media Contact - Marcus Prater of Bally Gaming and Systems, +1-702-896-7828 Web site: http://www.alliancegaming.com/ http://www.ballygaming.com/ http://www.ballysystems.com/

Copyright

Alamos Gold (NYSE:AGI)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Alamos Gold Charts.
Alamos Gold (NYSE:AGI)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Alamos Gold Charts.