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Bally applies for Alderney and Gibraltar licences, Tom Victor EGR Magazine

Bally applies for Alderney and Gibraltar licences, Tom Victor EGR Magazine | Poker & eGaming News | Scoop.it

US-facing service provider Bally Technologies has applied for a core service associate certificate with the Alderney Gambling Control Commission (AGCC) and has also applied for a licence in Gibraltar.

 

The applications come three months after the company purchased Chiligaming’s B2B igaming platform. Chili previously held an operating licence in the jurisdiction but cancelled it after merging its non-French B2C operations with Curaçao-licensed Poker770 in March.

 

Both applications are believed to be geared towards clearing a path for supply deals with UK-facing operators, and a spokesman for Bally said the company intended to "[Set] up our remote gaming server based out of Gibraltar."

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Bally reports strong third quarter results, Jon Yarker EGR Magazine

Bally reports strong third quarter results, Jon Yarker EGR Magazine | Poker & eGaming News | Scoop.it

Bally Technologies has reported record gaming operation revenue growth generating US$92.5m compared to US$80m for the corresponding period in 2011.


The technology provider saw total revenues reach US$228.6m for the three months ended 31 March, a 19.7% increase on its Q3 2011 total.


There was no specific mention of online numbers despite the creation of an egaming arm last October. The company acquired Chiligaming’s B2B platform in February and last month agreed a deal in principle to combine online poker liquidity with Aristocrat in the yet-to-regulate US market. The free-play Golden Nugget online poker offering, the first addition to the B2B iGaming Platform before the deal between Bally and Chili, is understood by eGR to be close to launch.

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Record quarterly revenues for Bally

Record quarterly revenues for Bally | Poker & eGaming News | Scoop.it

Fresh from acquiring the business-to-business iGaming platform of French operator Chiligaming, online and land-based casino games and solutions supplier Bally Technologies Incorporated has announced its financial results for its third quarter.

 

A developer of slot, video machine, casino management and server-based solutions for the global gaming industry, Las Vegas-based Bally revealed record quarterly revenues to the end of March of $228.6 million, which was a 19.6 percent year-on-year improvement, while the figure for the previous nine months rose 16.4 percent when compared to the same period in 2011 to $634 million.

 

In addition, operating income swelled by 32 percent to $50 million compared with $38 million for the same period in 2011 with the margin rising to 22 percent from 20 percent.

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