Key Developments: Bally Technologies Inc (BYI)
55.91USD
23 May 2013
$0.26 (+0.47%)
$55.65
$55.66
$56.08
$54.88
712,040
536,788
$56.40
$41.74
Latest Key Developments (Source: Significant Developments)
Bally Technologies Inc Announces New $300 Million Share Repurchase Authorization And $150 Million Accelerated Share Buyback
Bally Technologies Inc announced that Board of Directors authorized a new $300 million share repurchase program, replacing the existing $150 million program under which the Company had purchased approximately $63 million of common stock. The Company is entering into an accelerated share buyback agreement with JP Morgan Chase Bank, NA on April 24, 2013 under which it will purchase up to $150 million worth of stock under the new share repurchase program. Full Article
Bally Technologies Inc Raises FY 2013 EPS Guidance
Bally Technologies Inc raised fiscal 2013 diluted earnings per share (EPS) guidance to a range of $3.35 to $3.45. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $3.34 for fiscal 2013. Full Article
Colville Tribal Federal Corporation Selects Bally Technologies Inc As iGaming And Mobile Provider
Bally Technologies Inc announced an agreement for Bally Interactive to provide its iGaming Platform and mobile solution to Colville's three properties in Washington − Mill Bay Casino, Okanogan Bingo Casino, and Coulee Dam Casino. Full Article
Amaya Gaming Group Inc and Bally Technologies Inc Sign Poker Content Agreement
Amaya Gaming Group Inc announced the signing of a memorandum of understanding with Bally Technologies Inc. to integrate Amaya's Ongame Poker Platform (Ongame) and casino suite into Bally's iGaming Platform. Ongame's solution will be Bally's preferred poker provider in the emerging U.S. online gaming market. Ongame's global online poker network includes 25 of the e-gaming industry's strongest brands, owned by a total of 19 operators in regulated jurisdictions, and currently reaches more than 20 million customers in over 25 markets. Ongame also operates regional networks in France, Italy and Spain. The ability to integrate Ongame's poker platform and other iGaming content will provide land-based casino operators another business-to-business offering and allow them to utilize world-class technology, while maintaining control of their operations through a proven, licensed gaming supplier. Full Article
Bally Technologies Inc Raises FY 2013 EPS Guidance
Bally Technologies Inc raised fiscal 2013 guidance and expects earnings per share (EPS) in the range of $3.20 to $3.40. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $3.25 for fiscal 2013. Full Article
Bally Technologies Inc Eyes Online Gaming Co 3G-Reuters
Reuters reported that Bally Technologies Inc is exploring a bid for online poker game developer 3G Studios, in what would be the latest deal to combine online gambling and casino gaming on social media. Full Article
Bally Technologies Inc Announces Management Changes
Bally Technologies Inc announced that Ramesh Srinivasan will become President and Chief Executive Officer (CEO) and Board Member effective by December 31, 2012 . Current Chief Executive Officer Richard M. Haddrill will become Chairman of the Board. Haddrill joined Bally as Chief Executive Officer in 2004, after serving as Chief Executive Officer of two successful public companies. Under his leadership Bally has doubled revenues and increased the share price almost four fold. Full Article
International Game Technology And Bally Technologies, Inc. Settle Patent Litigation
International Game Technology and Bally Technologies, Inc. announced they have entered into a Settlement and License Agreement that will end their pending patent litigation in the case styled IGT v. Bally Gaming Int'l, Inc., Civil Action No. 1:06-cv-00282-SLR (D. Del.). As part of the settlement agreement, Bally will obtain a patent license to IGT's bonusing portfolio under confidential terms and will dismiss its counterclaims with prejudice. Full Article
Bally Technologies Inc Raises FY 2013 EPS Guidance
Bally Technologies Inc announced that the Company increased its fiscal 2013 guidance for Diluted EPS to a range of $3.05 to $3.35. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $3.18 for fiscal 2013. Full Article
Bally Technologies Inc Signs Agreement With GameAccount Network To Provide Online And HTML5 Mobile Content
Bally Technologies Inc announced an agreement to provide a large selection of online and mobile gaming content to GameAccount Network, a Internet gaming system and gaming software provider. Full Article
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