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Bally Technologies in deal with Atlantic Lottery

Thu, 05/24/2012 - 1:47pm
The Associated Press

Casino game maker Bally Technologies Inc. said Thursday that it has signed a deal with Canada's Atlantic Lottery Corp. to replace some of its games.

Financial terms were not disclosed.

Bally will provide Atlantic Lottery with 1,576 video lottery terminals, lottery games similar to casino slot machines.

The seven-year contract comprises about 27 percent of the terminals that Atlantic Lottery is replacing. Atlantic Lottery is owned by the governments of four Canadian provinces and manages lotteries in eastern Canada.

Shares of Bally Technologies, which is based in Las Vegas, gained 53 cents, or 1.2 percent, to $45.23 in afternoon trading.

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