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Bally Technologies Inc

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  • Slot machine maker Scientific Games Corp will buy larger rival Bally Technologies Inc in a $3.27 billion deal, the latest in a consolidating U.S. gaming industry. The deal, which was put together in just over three weeks, will strengthen Scientific Games' casino management systems and table gaming products as well as help it expand in Australasia.

  • NEW YORK, Aug 1- U.S. stocks tumbled in a volatile session on Friday, marking a second straight day of sharp declines as the latest economic data provided little clarity as to when the Federal Reserve might raise interest rates.

  • Aug 1- Scientific Games Corp, a maker of slot machines for casinos, will buy larger rival Bally Technologies Inc for about $3.27 billion to expand its electronic and table games and online lottery businesses. The deal- valued at $5.1 billion, including debt- will also help Scientific Games expand in Australia, New Zealand, and the Pacific islands.

  • Aug 1- Scientific Games Corp, which makes slot machines for casinos, will buy larger rival Bally Technologies Inc for about $3.27 billion. The $83.30 per-share cash offer represents a 38 percent premium to Bally's Thursday closing price of $60.17 on the New York Stock Exchange, the companies said in a joint statement.

  • AP Photo/Wayne Parry

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