LAS VEGAS, Nev. July 29, 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 Michael J. Carlotti has joined the Company as Vice President of Investor Relations and Capital Markets.
Carlotti brings 10 years of experience as an investment banker and three years of experience as an equity research analyst in which his primary focus was on the gaming industry.
He earned a Bachelor of Science degree in Finance from Boston College and a Master of Business Administration from the UCLA Anderson School of Management.
Robert Caller, Bally Technologies’ Chief Financial Officer, said, “I am very pleased to welcome Michael to our management team. His Wall Street background will help Bally streamline its investor communications and will assist the Company with its ongoing capital-market initiatives.”
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. Additional Company information, including the Company’s investor presentations, can be found at 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. –