Harrah's Entertainment, Inc. News
Bally Technologies Selected by Harrah's to Provide Casino Management, Marketing Systems Internationally
The transaction is subject to Harrah's corporate approvals, execution of definitive agreements, and receipt of required regulatory approvals.
Bally and Harrah's commitment to work together internationally comes on the heels of Bally's recent announcement that it continues to bolster its international product portfolio and infrastructure. Bally is developing more games and systems technology specifically for international markets and has recently opened new sales and support offices in
"We're pleased to be extending our relationship with Bally Technologies as we pursue an aggressive global growth strategy," said
Bally also announced that Harrah's has licensed Bally Power Winners(TM) and Power Promotions(TM) technologies for use as part of Harrah's new and proprietary PRISM interactive customer relationship management initiative. Under the licensing agreement, which is also subject to Harrah's corporate approvals, execution of definitive agreements, and receipt of regulatory approvals, Harrah's can implement Bally's new promotional and downloadable credit features as an integral part of Harrah's Total Rewards(TM) marketing programs worldwide.
Harrah's PRISM initiative, an acronym for Personalized Real-time Interactive Slot Marketing, is designed to introduce unique CRM features and capabilities to the millions of Harrah's Total Rewards cardholders who play the company's 60,000-plus slots.
"We are very excited about extending our partnership with Harrah's to supply these system products internationally and cutting-edge promotional and downloadable credit features worldwide," said Richard M. Haddrill, Chief Executive Officer of Bally Technologies. "The flexibility and configuration options built into our products will allow Harrah's to build on the existing strength of its player-loyalty program and manage their business both domestically and globally."
Recognized as the industry systems leader with more than 368,000 machines at casino, bingo, Class II, central determination and lottery locations worldwide — including more than 215 locations currently running Bally eTICKET(TM) on more than 251,000 slot machines — the Bally Technologies systems product line offers slot machine cash monitoring, table management, cashless, accounting, security, maintenance, marketing, promotional and bonusing capabilities, enabling operators to accurately analyze performance and accountability while providing an enhanced level of customer service.
About Bally Technologies, Inc.
With a history dating back to 1932, Las Vegas-based Bally Technologies designs, manufactures, operates and distributes advanced gaming devices, systems and technology solutions worldwide. Bally's product line includes reel-spinning slot machines, video slots, wide-area progressives, and Class II, lottery and central determination games and platforms. As the world's No. 1 gaming systems company, Bally also offers an array of casino management, slot accounting, bonusing, cashless and table management solutions. The Company also owns and operates Rainbow Casino in Vicksburg, Miss. For more information, please contact Laura Olson-Reyes, Director of Corporate Communications, at 702-584-7742, or visit http://www.ballytech.com.
About Harrah's Entertainment, Inc.
Harrah's Entertainment, Inc. is the world's largest provider of branded casino entertainment. Since its beginning in Reno, Nevada, more than 70 years ago, Harrah's has grown through development of new properties, expansions and acquisitions, and now owns or manages casinos on four continents. The Company's properties operate primarily under the Harrah's(R), Caesars(R) and Horseshoe(R) brand names; Harrah's also owns the
This news release may contain "forward-looking" statements within the meaning of the Securities Act of 1933, as amended, and is subject to the safe harbor created thereby. Such information involves important risks and uncertainties that could significantly affect the results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements. Future operating results may be adversely affected as a result of a number of risks that are detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update the information in this press release and represents that the information is only valid as of today's date.
Investor Contact: Robert Caller Media Contact: Laura Olson-Reyes (702) 584-7982 (702) 584-7742 rcaller@ballytech.com lolson-reyes@ballytech.com
SOURCE Bally Technologies, Inc.
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