Bally Technologies inks 7-year extension on deal to supply video terminals to NY racetracks
By APWednesday, January 27, 2010
Bally, New York Lottery ink 7-year terminal deal
LAS VEGAS — Gaming equipment maker Bally Technologies Inc. on Wednesday said it signed a seven-year contract extension with New York Lottery to provide video gaming terminals at the State’s eight racetrack casinos.
The extension runs through Dec. 31, 2017. Terms were not disclosed.
Bally, one of three video-gaming providers in the state, currently has more than 6,400 terminals in eight casinos. A ninth casino at Aqueduct Racetrack could come on line as early as next year.
The company has worked with the New York Lottery since 2004.
Bally shares closed Wednesday down 63 cents at $42.60. The stock has changed hands between $12.91 and $46.74 in the past 52 weeks.
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