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$42.27 0.77 (1.86%)
5/16/2008 4:01 PM

Bally Technologies, Inc. (BYI)

CAPS Rating:
***

The Company designs, manufactures, assembles and distributes technology based products to commercial gaming markets.

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Total Players

87 Outperforms
15 Underperforms
 

All-Stars

30 Outperforms
5 Underperforms
 

Wall Street

5 Outperforms
0 Underperforms
 

Players bullish on BYI are also bullish on:

Players bearish on BYI are also bearish on:

Ticker Tags

Gaming Activities (24), Small Cap (1922)
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Bally Technologies, Inc. At A Glance

Current Price: $42.27
Last Trade Time: 5/16/2008 4:01 PM
Open: $41.54
Previous Close: $41.50
Daily Range: $41.11 - $42.44
52-Week Range: $22.93 - $52.83
Volume: 980,225
Market Cap: $2.27B
P/E Ratio: 23.71
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Stock Trends

BYI VS S&P 500 (SPY)

BYI 12 month chart vs. S&P

News & Discussion Boards

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Top Bull Pitch

Recs

1

Bally Technologies, Inc. (BYI)

Avatar LordZ (89.33) Submitted: 2/14/08 1:33 PM

DAmn I should have known better than to get in at the high on something discussed on cnbc...

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Top Bear Pitch

Recs

1

Bally Technologies, Inc. (BYI)

Avatar MKArch (86.39) Submitted: 9/13/06 3:47 AM

No filings in over a year, they warned that margins are not going to hit their targets for the year. There seems to be a lot of optomism that things are getting better but this company has a habit of disapointing.

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Recs

0

 (BYI)

Avatar imobillc (69.51) Submitted: 5/13/08 10:51 AM : Outperform Start Price: $41.01 BYI Score: 1.35

This is a Buy! Check the facts and do your homework, don't listen to me!
Bally Technologies, Inc., incorporated in September 30, 1968, is engaged in designing, manufacturing, distributing, and operating gaming machines and computerized monitoring systems for gaming machines. In addition to selling its gaming devices, the Company also offers its customers a range of lease and rental options. The Company operates in two business units: the Bally Gaming and Systems and the Rainbow Casino (Rainbow). The Bally Gaming and Systems unit consists of three primary sub-groups: Gaming Equipment, which includes the sale of gaming devices; Gaming Operations, which includes the lease and rental of gaming devices, and Systems, which includes the sale and support of computerized monitoring systems. The Company also owns and operates the Rainbow Casino in Vicksburg, Mississippi.

Bally Gaming and Systems

The Company designs, manufactures, assembles, sells and operates a range of technology-based gaming devices through its Gaming Equipment division. These devices are not mass produced and are normally configured to specific requirements based on a customer's particular order. The Company designs, programs, tests, markets and supports casino enterprise systems for a range of customers of varying size and complexity under its Systems division. The Company offers a range of lease and rental options through its Gaming Operations division. The Company offers economic arrangements under four business models: linked progressive systems, rental and daily fee games, lottery systems and centrally determined systems.

Through linked progressive systems, the Company offers its customers gaming devices featuring a common jackpot or prize award that can be linked within a casino or among multiple casinos within a market or jurisdiction. During the fiscal year ended June 30, 2007 (fiscal 2007), the Company had a total of 896 units deployed on its wide-area progressive networks. Through its rental and daily-fee games, the Company offers a variety of non-linked daily-fee games, which it markets the titles, such as Playboy, Hot Shot Progressive, Reel Winners, Hee Haw, Monte Carlo and Saturday Night Live. As of June 30, 2007, the Company had a total installed base of daily fee games of 6,196 units. Through lottery systems, the Company provides video lottery devices to race tracks for the New York State Lottery (NYSL). As of June 30, 2007, the Company's installed base was 6,404 units.

Rainbow Casino

The Rainbow Casino, located in Vicksburg, Mississippi, includes a 33,000 square-foot casino with 843 gaming devices and 10 table games, a 224-seat buffet-style restaurant, and a 20,000 square-foot conference center. The Casino also includes the 89-room Rainbow Hotel, which is owned and operated by a third party. Rainbow is marketed as a locals casino and draws mid-level gaming customers principally from within a 75-mile radius of Vicksburg. The Company is the general partner of Rainbow Casino Vicksburg Partnership, L.P. (RCVP), the limited partnership that operates Rainbow.

The Company competes with Aristocrat Leisure Limited (Aristocrat), Atronic International, GTECH Holdings Corporation (GTECH), Konami Co. LTD. (Konami), WMS Industries, Inc. (WMS), Ainsworth Game Technology LTD, Aruze Gaming America, Inc., Unidesa Gaming and Systems, Novomatic AG, Recreativos Franco SA., and International Game Technology (IGT).

**Bally Technologies (BYI) NewsBite - Bally Tech Profit Surges Topping Estimates
Posted on Tuesday, May 13, 2008 10:24 AM
Bally Technologies Inc. (BYI) opened at 39.79. So far today, the stock has hit a low of 38.76 and a high of 40.69. BYI is now trading at 40.39, up 3.59 (9.02%). The stock hit its 52 week high of 52.83 in December and set its 52 week low of 22.87 in May. BYI rose during the second half of 2007, but has been weaker this year. Bally Technologies announced yesterday evening its third-quarter profit more than quadrupled to $30.2 million on strong revenue. The company posted earnings of 56 cents per share on revenue of $232.6 million, while analysts expected a profit of 48 cents per share on $231 million in revenue. The casino equipment maker also lifted the low end of its fiscal 2008 earnings outlook range. Technical indicators for the stock are bearish but improving while S&P gives BYI a neutral 3 STARS (out of 5) hold rating. If you’re looking for a hedged play on this stock, consider an October bull-put credit spread below the $30 range. BYI stock could fall up to 25.7% before expiration and this position would still be profitable. [RHF - Seven Summits Strategic Investments NewsBite]

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Recs

0

 (BYI)

Avatar ninjin274 (56.83) Submitted: 5/13/08 5:40 AM : Outperform Start Price: $39.79 BYI Score: 4.62

Casino stocks will recover as the market recovers

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Recs

0

 (BYI)

Avatar josemiguelvg (33.18) Submitted: 5/13/08 3:29 AM : Outperform Start Price: $39.79 BYI Score: 4.62

Bally is peforming very well and its reacent results are amazing, so I bet the stock will b on fire on the next few days

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Recs

0

 (BYI)

Avatar COOLSTOCK (26.41) Submitted: 5/05/08 3:18 PM : Outperform Start Price: $34.10 BYI Score: 22.67

Bally Inc. has been growing it systems division and taking an increasing share of the market. As gaming continues to expand throughout the US and internationally Bally is poised to grab a large portion of the market.

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Recs

0

 (BYI)

Avatar Prodders (71.44) Submitted: 4/10/08 3:26 PM : Outperform Start Price: $33.32 BYI Score: 22.13

Strong market position so well placed for the long-term, but inevitably sentiment is going to be poor over the shorter-term given the falling casino attendances.

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Player NamePlayer RatingStart
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TrackChuckAkre < 20 09/30/07 Outperform NS $35.43+19.31%-6.50%+25.81 Toggle the visibility of 60-Second Pitch and replies
TrackSoros 57.76 09/30/07 Outperform NS $35.43+19.31%-6.50%+25.81 Toggle the visibility of 60-Second Pitch and replies
TrackRothCapital < 20 06/22/07 Outperform NS $27.50+53.71%-5.85%+59.56
TrackDavenport 95.40 06/21/07 Outperform NS $26.87+57.31%-6.12%+63.43
TrackNCPI < 20 03/08/07 Outperform NS $22.90+84.59%+1.51%+83.08

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