Alliance Gaming Provides Update on Fiscal Year 2006 Quarterly Reporting
February 08 2006 - 9:09PM
PR Newswire (US)
LAS VEGAS, Feb. 8 /PRNewswire-FirstCall/ -- Alliance Gaming Corp.
(NYSE:AGI) today announced that it currently anticipates that the
Form 10-Q filings for both the September 30, 2005 and December 31,
2005 quarters will be made within the next 45 days. The Company
continues to work diligently on both quarterly filings and will
provide further updates as appropriate on the timing of the filings
and related investor conference calls. The additional time required
for the filings is necessary in order to finalize the extensive
accounting and review procedures being performed by the Company and
its consultants that are consistent with the procedures implemented
as part of its recently completed year end closing process. "We are
intently focused on being thorough and accurate in our financial
reporting," stated Richard Haddrill, Chief Executive Officer. "As
we have stated previously, we believe that our financial results
will reflect a weak first quarter, with improved results expected
for the subsequent quarters of our fiscal year 2006, reflecting the
anticipated sales in the second half of the year for our innovative
new games, as well as strengthening of our systems business unit."
Las Vegas-based Alliance Gaming, through its Bally Gaming and
Systems business unit, is engaged in the design, manufacture,
distribution and operation of advanced gaming devices and systems
worldwide. The Company also owns and operates Rainbow Casino in
Vicksburg, Mississippi. Additional information about the company
can be found on the Alliance Gaming Web site at
http://www.alliancegaming.com/, http://www.ballygaming.com/, and
http://www.ballysystems.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
detailed from time to time in the company's filings with the
Securities and Exchange Commission. Investor and Media Contact:
Mark Lipparelli Alliance Gaming (702) 270-7600 DATASOURCE: Alliance
Gaming Corp. CONTACT: Investors and Media, Mark Lipparelli of
Alliance Gaming Corp., +1-702-270-7600 Web site:
http://www.ballygaming.com/ Web site: http://www.ballysystems.com/
Web site: http://www.alliancegaming.com/
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