Fiscal Q4 Good For Bally Technologies (BYI)
For the Fiscal Fourth quarter Bally Technologies missed analysts’ expectations slightly but despite the huge jump in income are projecting a 2011 outlook that falls below Wall Street’s predictions.
Bally Technologies, Inc. manufactures, distributes, and operates gaming devices around the world. The company owns a casino in Mississippi. They also provide licenses, programs, enterprise systems, casino management, slot management, and data analysis applications. Mr. Richard Haddrill is the Chief Executive Officer and the President and Executive Director. Mr. Robert C. Caller is the Chief Financial Officer, Executive Vice President, and Treasurer. Bally Technologies is based in Las Vegas, Nevada. It was founded in 1968.
Latest Bally Technologies Company Stock News
For the Fiscal Fourth quarter Bally Technologies missed analysts’ expectations slightly but despite the huge jump in income are projecting a 2011 outlook that falls below Wall Street’s predictions.
Investors are weary ahead of Bally Technologies releasing quarterly earnings on Thursday August 12, with shares down 2.94%.
Bally Technologies announced this week that they are a few months ahead of scheduled plans, originally announced in January, to re-enter the Australian gaming market by 2011.
With a number of new projects coming to the forefront, casino game developer Bally Technologies has announced a promotion to help lead customer service to Nevada clientele.
Casinos can now use picture in picture technology to enhance gaming experience for players of Aristocrat Technologies, Bally Technologies, IGT, and WMS slot machines through Bally’s iView Display Manager.
Casino game developer Bally Technologies has gone live with its first installation of Bally TV at the Miccosukee Resort & Gaming in Miami.
Bally Technologies, Inc has announced that their newest product offering to the Washington State casino market is currently in testing with the Washington State Gambling Commission (WSGC).
Bally Technologies has appointed a new Vice President of Product Marketing and Licensing.
Steven Kent of Goldman Sachs does not believe that the gaming market is going to pick up as quickly as other analysts have lead investors to believe, resulting in the downgrade of Bally Technologies from “Neutral” to “Sell”.
Casino game developer, Bally Technologies has hit the jackpot with its new Cash Spin slot machine.
Shares of Bally Technologies Inc has begun to rise, once again, after clarification of gaming supplier’s roles in the Aqueduct bidding process.
Shares of Bally Technologies have fallen, since being classified by analysts as one of this week’s must notable stocks on the rise.
Bally Technologies was one of yesterday’s notable stocks on the rise, up 1.3% to $45.20.
Bally Technologies has signed a distribution agreement with Zest Gaming to market, sell, service and maintain its video lottery systems and gaming devises in Italy.
Casino game developer, Bally Technologies, Inc. has entered into long term agreements with two of Italy’s Video Lottery Terminal concessionaires to provide at least 3,600 slot games.
Higher expenses, lower revenue and Alabama’s Governor were responsible for Bally Technologies’ decline in profits for the fiscal third quarter.
Investment firm Morgan Joseph reiterated its “Buy” rating on Bally Technologies ahead of their expected fiscal third quarter 2010 earnings release on April 29.
Bally Technologies, Inc has earned top honors in two award competitions for leading innovation surrounding its U-Spin technology and other products taking the casino industry by storm.
Bally Technologies Issuer Default Rating (IDR) has been upgraded by Fitch Ratings to investment grade.
Bally Technologies has reached an agreement with the Arizona Department of Gaming this week to settle a dispute over a violation of the states gaming compact with tribal casinos.