Bally Technologies, Inc., a leader in slots, video machines, casino management systems, and networked solutions for the global gaming industry, announced yesterday diluted earnings per share (“Diluted EPS”) of $0.52 and $1.63 on revenue of $208 million and $678 million for the three months and nine months ended March 31, 2009, respectively.

Richard M. Haddrill, the Company’s Chief Executive Officer, said: “Our diversified business model drove another very profitable quarter despite the challenging economy. We also continued to build our recurring revenues to 48 percent of total revenues this quarter.”

Bullet points indicating Bally’s performance put gaming operations revenue increase at 19% from 24% in 2008; Cash Flow from operations for nine months ended March 21, 2009 increased 160% from last year to US $88 million, while the company “narrows fiscal 2009 diluted EPS guidance to US $2.15 to US $2.25”.

“Our balance sheet strength continues to improve as we further reduced our debt while repurchasing approximately $4 million of our common stock,” added Robert C. Caller, the Company’s Chief Financial Officer. “Control of selling, general and administrative expenses allowed us to drive our operating margin to 25% during the quarter from 24% last year despite a 28% increase in research and development.” (E-05.08.09)

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