Slot Machines - News

Headlines About Slot Machines

Bally Tech Reissues Financial Reports

Bally Technologies announced in August that they needed to reissue their financial reports from 2003-2005, and need an extension for 2006. They had performed an internal review and had found problems related to the reports. The reports were reissued this past week, and Bally reported reduced revenue and per-share earnings.

The fiscal year ending June 2003 reduced the originally reported income by $3.9 million. The fiscal year ending June 2004 reduced it by $1.7 million. Per share pricing differed also. In 2003 it dropped by four cents, and in 2004 it dropped two cents. However 2005 showed increased numbers and the revenue was up $1.1 million for the fiscal year.

Bally also asked for an extension for its bank loan agreement to file 2006 by the end of 2006, instead of by November 3^rd. They had originally said that they were lower than expected on their numbers this year because of the costs associated with new slot machines.

slot machine, slot machine, slot machine, slot machine

Back to October Index - Slot Machines Fan

Slot Machines

Slot Machine News

Slot Machines - Books