Bally Technologies, Inc. (NYSE: BYI) announced today it has signed a contract with Magna Entertainment Corp. (MEC) (Nasdaq: MECA) to provide a complete slot accounting, casino management and bonusing solution and a wide variety of gaming devices for MEC's Gulfstream Park racino as Class III gaming in Florida grows closer to becoming a reality.
Already a world-class thoroughbred horse racing facility, Gulfstream Park in Hallandale near Miami is scheduled to open its slot machine entertainment complex in October 2006. Gulfstream Park is planning to open with 500 slot machines -- all to be equipped with the Bally iVIEW(TM) touch-screen displays -- and expand to 1,500 early next year. The order for Bally slots includes a wide variety of ALPHA OS(TM) games on the M9000 and S9000 cabinets.
In becoming the first Class III facility in Florida to select its systems provider, Gulfstream Park will install a combination Bally CMS(R) / SMS(R) solution for complete slot accounting, casino management, player tracking and bonusing technology from the Bally Power Bonusing(TM) suite of products.
"We conducted a very thorough competitive review of all of the leading systems suppliers and determined that Bally was our preferred vendor," said Paul Micucci, President of Gulfstream Park. "We're confident that a combination of games and bonusing technology from Bally will attract players and provide visitors to Gulfstream Park an exciting and entertaining gaming experience."
"We're pleased to secure the first Class III casino management system in Florida while partnering with Magna to help to create a new environment for gaming in that state," said Tom Reilly, Vice President, Eastern Region Systems Sales for Bally. "I think a package of advanced Bally systems and gaming technology provides a compelling combination for any operator in Florida and beyond."
Recognized as the industry systems leader with more than 345,000 machines and 625 casino, bingo, Class II, central determination and lottery locations worldwide -- including more than 165 locations currently running Bally eTICKET(TM) on more than 178,000 slot machines -- the Bally Technologies systems product line offers slot machine cash monitoring, table management, cashless, accounting, security, maintenance, marketing, promotional and bonusing capabilities, enabling operators to accurately analyze performance and accountability while providing an enhanced level of customer service.
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 information on the Company can be found at 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.
- BALLY TECHNOLOGIES, INC.-
Investor Contact: Mark Lipparelli Media Contact: Marcus Prater
(702) 584-7600 (702) 584-7828
mlipparelli@ballytech.com mprater@ballytech.com
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