Vegas Inc – In an abrupt reversal, Bally Technologies CEO Ramesh Srinivasan is being replaced at the helm by the man he replaced less than a year and a half ago — the same one who recruited Srinivasan to the company, no less. The Las Vegas slot-machine maker said today that Srinivasan, a nine-year company veteran, is leaving Bally and that Dick Haddrill would assume the CEO’s spot May 23. Haddrill was Bally’s chief executive from 2004 to 2012 and has been chairman of the board since Srinivasan was promoted to CEO. Haddrill will give up the chairman’s seat next…

iGaming Business – Online casino and solutions firm Bally Technologies has expanded its partnership with Golden Nugget to become the exclusive enterprise-wide system provider for the land-based operator’s five gaming properties in the US. The new deal will cover Golden Nugget properties in Nevada, New Jersey, Mississippi and a soon-to-be-opened casino resort in Louisiana. Bally’s systems offerings, which will be connected to almost 6,400 slots and table games, will also be customised to be integrated with the Golden Nugget ‘Select Club’ loyalty programme at more than 440 restaurants nationwide. In addition to the Bally systems already installed at Golden Nugget’s…

US casino operator Boyd Gaming has entered into an enterprise-wide system agreement with online casino and solutions firm Bally Technologies as part of a move to bolster its slots offering. Under the deal, Bally’s iVIEW Display Manager (DM) with Elite Bonusing Suite will be deployed across 18 Boyd Gaming casino properties in seven US states. The iVIEW DM allows operators to present self-service player-account access, marketing messages and secondary bonus games on the main screen without interrupting play. Bally said that its Elite Bonusing Suite, combined with iVIEW DM, offers new experiences to slot-play games with tools such as Virtual…

Casino City Times – Bally Technologies, Inc.’s $1.3 billion acquisition of SHFL Entertainment passed a mandatory waiting period from the Federal Trade Commission without any concern of antitrust issues. The slot machine manufacturer said Tuesday the waiting period under the Hart-Scott-Rodino Antitrust Act expired Monday without any action or questions by the FTC. Completing the waiting period satisfies one of the conditions required to finalize the acquisition. Bally and SHFL announced the merger on July 16. Bally will acquire SHFL at a price per share of $23.25. The transaction still requires regulatory approval in several jurisdictions, including Nevada. SOURCE

Bally Technologies has agreed to acquire SHFL Entertainment, a maker of casino games, for nearly $1.3 billion in cash. Formerly known as Shuffle Master, SHFL makes products like automatic card shufflers and roulette chip sorters, as well as proprietary table games and electronic gambling machines. The company, based in Las Vegas and founded in 1983, went public in 1992. In its most recent quarter, about 45 percent of its revenue came from Australia and Asia. Bally is paying $23.25 a share, which represents a premium of 24 percent over SHFL’s closing price on Monday and a premium of 37 percent…

From iGaming Business Online and land-based casino games and solutions firm Bally Technologies Incorporated has signed a deal that will see its range of online slots made available to Paddy Power players. The last few months have seen Las Vegas-based Bally Technologies sign similar agreements with operators including Intellectual Property and Software (IPS) Limited and Mr Green while this latest deal will see its range of real-money slots launched via the paddypowergames.com domain. “Partnering with Paddy Power is a great opportunity for Bally Technologies as we continue to expand our reach in the global online gaming business,” said Michael Probert,…