Bally Technologies reports record revenue

Bally sold 4,744 gaming machine units within the three months, a 19% improvement on last year, although net income was down 24%.

The Las Vegas-based company’s costs have gone up 34% year-on-year to $258.4m, while adjusted EBITDA also increased 34% to $116m.

Bally CEO Richard Haddrill said: “We achieved record first quarter revenue and excellent overall operational results in the quarter, driven primarily by strong electronic gaming machines and gaming operations revenue.

“We grew our international new-unit sales by 168 percent, further driving our global presence.

“Finally, during the quarter, we announced Ontario Lottery and Gaming Corporation (OLGC) selected Bally as its central gaming management system provider, further strengthening the long-term prospects for our systems business.”

Bally acquired supplier SHFL Entertainment in November 2013 in a deal worth $1.9bn, while the firm is itself set to be sold to provider Scientific Games for $5.1bn by the end of this year.

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David Cook

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David Cook served as an editor and writer for Gambling Insider from 2018 to 2020, where he played a central role in shaping the publication’s editorial direction. He oversaw the creation and implementation of the broader editorial strategy for Gambling Insider and its related publications, managing the production of 30 print magazines annually while also contributing to the management of GamblingInsider.com and a weekly digital newsletter.

During his tenure, David led the publication’s largest editorial team to date, guiding its expansion and ensuring consistent, high-quality output across all channels. He also hosted and helped launch the GI Huddle podcast, a project he was proud to bring from concept to reality.

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