BallyGaming.com is a [[parking lot]]
Title
Bally Technologies, Inc.
Description
When Raymond (Ray) T. Moloney founded Bally Manufacturing Company in Chicago back in 1932, he could not possibly have imagined the company that built the “Bally Baby,” a tiny cast-iron slot machine filled with mechanical gears, springs and levers, would someday evolve into one of the gaming industry’s technological giants. And he could not fathom the company he started becoming the world’s No. 1 gaming systems company with more than 345,000 machines using Bally systems technology in 625 gaming locations worldwide. Or that research and development spending at Bally would reach tens of millions of dollars per year.
With a nod to the company’s long and illustrious legacy of innovation, the shareholders of Alliance Gaming Corp., the parent company of Bally Gaming, Inc., voted on March 6, 2006 to formally change the name of the corporate entity to Bally Technologies, Inc., discontinue the use of Bally Gaming and Systems as an Alliance subsidiary and present a singular name and a united message. Bally Technologies is publicly traded on the New York Stock Exchange under the ticker symbol BYI.
“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 recent 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 Bally Technologies. “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.”
