Bally Technologies boosts quarterly profits
Slot machine maker Bally Technologies grew profits in the first quarter, due partly to the sale of slot machines and a casino management system to the casino at New York City’s Aqueduct Race Track, which is scheduled to open Friday.
Bally said Wednesday its net income was $37.4 million, or 45 cents per share, for the quarter that ended Sept. 30, up from net income of $34 million, or 40 cents per share, a year earlier.
Revenues increased 14.2 percent to $195 million from $170.8 million.
Bally Technologies shares fell 1 cent, or 0.03 percent, Wednesday to close at $33.28 on the New York Stock Exchange.