Casino game developer, Bally Technologies (BYI: 34.02 +2.10%) has hit the jackpot with its new Cash Spin slot machine.

Bally has been selected by attendees of the Gaming Technology Submit in Las Vegas last week as the winner of the “Attendee Choice” award in Casino Journal’s 2009 “Top 20 Most Innovative Gaming Technology Products” awards competition.

The newest game on Bally’s SpinNation series of wheel-spinning games has also won the “Silver Award” in the “Most Innovative Gaming Technology” competition.

Other awards received for the game include “Best Slot Product” in the Gaming & Technology Awards at G2E last November and a 2010 Casino Enterprise Management Slot Floor Technology Award.

“We knew Cash Spin was special from the moment we saw the first prototype, and since its launch in April we have not been disappointed,” said Gavin Isaacs, Bally’s Chief Operating Officer. “We have been installing Cash Spin nationwide at a pace that exceeds Hot Shot Progressive(R), which until Cash Spin had been our most successful game. And Cash Spin is delivering outstanding performance for gaming operators, attaining more than three times house average.”

“Cash Spin was hands-down the hit of last year’s Global Gaming Expo,” Isaacs added. “Based on the high level of operator excitement about this technology, we are optimistic that Cash Spin could become the most successful game ever produced by Bally in the Company’s 78-year history.”

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