Gambling – news – casino games

Outstanding quarterly figures at Bally Technologies

Online casino games and solutions firm Bally Technologies has posted record revenue, earning and earnings per share figures for the fourth quarter of the 2013 fiscal year.

The firm posted revenues of $264.4 million (€203.4 million) for the quarter – up 7.6% year-on-year. Earnings were up 32.4% to $64.6 million, while earnings-per-share also increased by 55.7% to 95%.

In addition to posting these record quarterly figures, Bally also confirmed that the fourth quarter also represented the eighth consecutive year-over-year earnings-per-share growth.

Bally completed its 2013 fiscal year with record systems revenue of $252 million – an increase of 19% on the previous year.

Ramesh Srinivasan, Bally president and chief executive officer, said: “Fiscal 2013 was a truly momentous year in Bally’s history. We made enormous progress in many different ways, including continued growth in wide-area progressive units; record gaming operations revenue; significant success in new markets like Canada, Illinois and South Africa; establishing new revenue records in systems while setting up systems for further growth in the years ahead; and the launch of Bally content in regulated online jurisdictions.”