Game Features Similar Play to Bally’s Popular Hot Shot™ Progressive; Top Jackpot Award Starts at $25,000

LAS VEGAS, June 9, 2008 – Bally Technologies, Inc. (NYSE: BYI), a leader in slots, video machines, casino management systems and networked solutions for the global gaming industry, announced today that its new Reel Money progressive reel-spinning slot machine has been released for domestic sale in all major gaming jurisdictions.

Reel Money is a reel-spinning slot machine available on both the award-winning ALPHA Elite™ widescreen CineReels™ and upright S9E cabinet configurations. What makes this five-level internal/external progressive game unique is an exciting “virtual spinner” secondary progressive bonus event that offers players a “guaranteed win” on each successive bonus level.  In addition, players have a chance to win all five progressive awards during the same spin, including the top award which starts at $25,000.

This thrilling, progressive bonus round occurs in the top-mounted, widescreen LCD display situated above the reels. Each progressive level, from lowest to highest, is named for a specific gemstone: Emerald, Sapphire, Ruby, Topaz and Pearl. The top jackpot award resets at $25,000 and increases based on coin-in on the local-area progressive link.

At the start of the bonus, a virtual spinner appears and a pointer spins, randomly stopping at up to 10 bonus-award values. If the pointer stops on the space that matches the gemstone, the player wins that level’s progressive award. This process continues up each progressive level until these predetermined spins have been completed. Each level offers players a guaranteed win, regardless of whether or not the progressive award for that level is achieved.

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, and Class II, lottery and central determination games and platforms. As the world’s No. 1 gaming systems company, Bally also offers an array of casino management, slot accounting, bonusing, cashless and table management solutions. The Company also owns and operates Rainbow Casino in Vicksburg, Miss. For more information, please contact Laura Olson-Reyes, Director of Corporate Communications, at 702-584-7742, or visit http://www.ballytech.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 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. –