Bally Technologies reports record revenue for Y14

Bally Technologies has announced record annual revenue of $1.2 billion for the year ended 30 June 2014, an increase of 22 percent over the prior year. Adjusted EPS of $4.32 for Y14 was recorded, including a $0.11 per share loss due to unfavorable foreign currency movements. Diluted earnings per share were $2.52 for the year. Revenues for the last quarter also hit a record of $342 million, with Adjusted EPS of $1.20 for the three months ended June 30, 2014. Revenue from electronic gaming machines represented 32 percent of the total revenue, gaming operations 33 percent, systems 27 percent and table products 8 percent.

Bally CEO Richard Haddrill commented, “Fiscal 2014 highlights our commitment to our partners and customers in delivering world-class player experiences through innovative products and services. Strong demand for our newest cabinet, the Pro Wave™, helped grow domestic new unit sales by 18 percent over the previous quarter … We continued to deliver new and exciting titles such as Titanic™ that drove our WAP revenue to record levels. Our Systems technology continues to present a compelling value proposition to our customers as evidenced by another year of record revenue.”

The acquisition of SHFL Entertainment has helped to boost international new unit sales by 25 percent, driving global presence for the company. On the interactive side, Bally acquired Dragonplay on July 1, 2014, a leading online social casino company, strengthening its presence in the fast-growing social and mobile gaming platforms.

Latest Intelligence

Latest issue

PATA CEO sees slow recovery, but optimism for future

AGB Podcasts