Press Releases
Company to deliver its newest games to Seminole’s seven casinos in south Florida; continues long-term partnership with Tribe
LAS VEGAS, Jan. 25, 2008 – Bally Technologies, Inc. (NYSE: BYI), a leader in slots, video machines, casino management systems and networked solutions for the global gaming industry, today announced that it has signed a three-year operating agreement with the Seminole Tribe of Florida to provide an initial order of 2,000 new Class III gaming machines for the Seminole’s seven casinos in Florida.
Bally’s agreement is part of the Seminole Tribe’s initial Class III gaming machine order following the Monday, January 7, 2008, approval of a new compact between the U.S. Department of the Interior and Florida Governor Charlie Crist that allows Las Vegas-style slot machines and card games at the Seminole’s gaming facilities in Tampa, Hollywood, Immokalee, Coconut Creek, Brighton, and Big Cypress.
“Bally has been a key strategic partner of the Seminole Tribe for a number of years,” said James Allen, Chief Executive Officer of Seminole Gaming. "We have been impressed with Bally's momentum in both games and systems and are pleased they will be playing an important part in our introduction of Las Vegas-style slot machines with the placement of an initial order of 2,000 games.”
“We are honored to be a part of this historic moment for the Seminole Tribe of Florida as they move to a Class III, Las Vegas-style gaming model,” said Richard M. Haddrill, Chief Executive Officer of Bally Technologies. “Bally has been providing Class II games for the past five years now through our subsidiary, Sierra Design Group, and we are also providing casino management system technology including our iVIEW™ interactive player display. This has been a successful collaboration that we only see continuing to evolve and prosper as the Tribe implements our newest and most exciting Class III games throughout its world-class casinos.”
Players at the Seminole Hard Rock Casino in Hollywood will be the first to play Bally’s Class III games beginning next week. Bally is providing an array of high-performing video and stepper games, including Golden Monkey™, a popular five-reel, 25-line video slot; Hot Shot Progressive™; Quick Hit Platinum™ multi-level progressive; and the Company’s Millionaire Sevens™ multi-level progressive.
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.
About the Seminole Tribe of Florida
The Seminole Tribe of Florida operates Seminole Hard Rock Hotels & Casinos in Hollywood and Tampa, Fla. Five other Seminole Casinos are located in Coconut Creek and Hollywood, Fla., as well as in Immokalee, near Naples, on the Brighton Reservation northwest of Lake Okeechobee and on the Big Cypress Reservation south of Lake Okeechobee. The Seminole Tribe pioneered Indian Gaming with the opening of a high-stakes bingo hall in Hollywood in 1979.
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.