LAS VEGAS (AP) — Casino game maker Bally Technologies Inc. said Thursday that its net income grew 37 percent in the fiscal second quarter, and it raised its expectations for the rest of the year.

Bally reported continued strong sales of gaming units with a wide-area progressive jackpot — meaning many machines are linked together and the prize gets bigger until someone wins. Sales of gaming equipment also increased as U. S. casinos ordered more replacement units and the company shipped a large number of video lottery terminals to Canada.

The company said its net income totaled $33.1 million, or 80 cents per share, for the quarter ended Dec. 31. A year ago it reported net income of $24.3 million, or 54 cents per share. Revenue rose 13 percent to $238.3 million from $210.5 million.

Analysts were expecting net income of 76 cents per share and $235.1 million in revenue, according to FactSet.

Bally said gaming equipment revenue rose 18 percent to $82.6 million and gaming operations revenue rose 15 percent to $99 million. System revenue increased to $56.7 million from $54 million.

The company is now projecting net income of $3.20 to $3.40 per share in fiscal 2013, up from its previous estimate of $3.05 to $3.35 per share. Analysts expect $3.25 per share on average.

Shares of Bally Technologies climbed $2.64, or 5.8 percent, to close at $48.16 before the report, and added another 84 cents in aftermarket trading.


Publishing Services International Limited (PSIL) is the publisher and operator of a worldwide network of online news sites dedicated to delivering fair, accurate and relevant reporting from a variety of the world’s most trusted sources – from the biggest cities to the smallest towns.

We deliver positive and powerful messages to our readers, providing up‑to‑the‑second news that matters to the individual.

Our promise is to serve communities and individuals worldwide, delivering information that hasn’t always been available to them. We will give them back a voice – a voice that’s empowering because it is theirs – and provide a platform to communicate between themselves and the world.

We believe people are not just generic demographics; they are individuals with their own preferences and curiosities. We are about understanding these individuals, listening to them, and serving them.

We are the new pioneering spirit of news – we’re not talking to everyone, we’re talking with every one.

If you want your news, your voice, your way, on your time – we’ve got news for you.




If you have any questions or concerns please email us on


  • Australia, Toll Free 1-800-983-421
  • Hong Kong, Toll Free 800-906-187
  • Singapore, Toll Free 800-852-3871
  • USA/Canada, Toll Free 1-800-830-4132

Advertise With Us

Interested in being awesome?
Contact us by email or phone.