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Okada expanding operations of Universal Entertainment Corp.

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Bally Tech. reports major increases in revenue and income February 06, 2012 8:45 PM by Ray Poirier

Despite difficulty expressed by other gaming machine manufacturers, Bally Technologies Inc. (BYI) reported major increases in both revenues and income, including record numbers in gaming operations.

Revenues for the second fiscal quarter rose to $210 million, a 15 percent increase over last year’s $183 million. Net income was $24.2 million or $0.54 per share compared to $27.3 million or $0.49 per share. The difference in share profit resulted from the company’s share buyback program.

 

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The Las Vegas Strip’s only bingo room is going virtual. The Riviera Hotel and Casino in Las Vegas is launching a partnership this week with Buffalo Studios, the company behind the popular Facebook game Bingo Blitz.

Atlantic City honored Dennis Gomes, by naming the street in front of the casino in his honor Friday. At a curbside ceremony, Mayor Lorenzo Langford unveiled a sign renaming a portion of North Carolina Avenue as Dennis C. Gomes Avenue.

Big changes are in store for gamblers and hotel guests at the Atlantic City Tropicana Casino and Resort as the establishment starts a $25 million renovation project. The undertaking is the first of what could be four or five years of work to re-do the casino resort. 

Expanding its hopes of an online future, WMS Industries Inc. (WMS) announced on Monday that it was acquiring Jadestone Group AB, the Swedish online gaming developer.

Pro basketball's San Antonio Spurs and Miami Heat win on the road in the NBA playoffs, Phoenix Coyotes avoid elimination in pro hockey and Bodemeister will skip the Belmont.