Company’s Board of Directors Named 2008’s ‘Best-Performing Board’

LAS VEGAS, Dec. 16, 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 at its annual shareholders’ meeting held December 10, its shareholders re-elected Robert Guido and Kevin Verner to the Company’s Board of Directors, each for a three-year term; and ratified the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal year 2009.

In other news, Bally’s Board of Directors was named 2008’s ‘Best-Performing Board’ in HVS Executive Search’s 11th annual study of best practices in the boardrooms of public gaming companies. HVS analyzed the documents of 38 publicly traded gaming companies and rated each company based on four fundamentals: the size, makeup, and independence of the board; committee structure and effectiveness; the presence of interlocks, insider participation, and related transactions; and fundamental commitment to pay for performance. Bally received the highest score of all 38 companies.

“We have a very dedicated and active Board of Directors that is committed to both outstanding governance and shareholder value creation,” said Richard M. Haddrill, Bally’s Chief Executive Officer. “I am very pleased with this recognition.”

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 Michael Carlotti, Vice President of Investor Relations and Capital Markets, at 702-584-7995, 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. –