Bally reveals record revenue

gaming machine manufacturer Bally Technologies has reported record revenue of $1.2bn for the year to 30 June 2014.

That marks a 21% increase from 2013 for the Las Vegas-based company.

The jump was powered by a 30% growth in revenue from casino-management systems and server-based systems for the global market.

"Fiscal 2014 highlights our commitment to our partners and customers in delivering world-class player experiences through innovative products and services,” said Bally CEO Richard Hadrill.

He also highlighted the purchase of Israeli company Dragonplay in July which "further strengthened our presence in the fast-growing social and mobile gaming platform”.

Hadrill went on to laud the benefits of the $1.6bn acquisition of table game manufacturer SHFL: "With SHFL in the mix, we grew our international new unit sales by 25 percent, further driving our global presence.”

However the deal also cost around $60.5m in restructuring and acquisition, meaning net income slipped 30.3% from $141.4m in 2013 to $98.6m.

Subsequently, diluted earnings per share also fell from $0.95 to $0.31 in 2014.