Tuesday, November 22, 2011

news.casinolife




LAS VEGAS, November 21, 2011  Bally Technologies, Inc. (NYSE: BYI), a leader in slots, video machines, casino management, mobile and interactive solutions, and networked systems, today announced that Srini Raghavan, Vice President,  has been named  to oversee the Company's games and systems activities in the Asia Pacific region in addition to his continued role as Managing Director of Bally's development centers in India and managing the Systems Operations in South Africa. Kurt Gissane has been promoted to Managing Director of Asia Pacific, headquartered in Macau, to manage the day to day business operations and customer relationships.
These changes follow the departure of Cath Burns, Bally's Managing Director of Asia Pacific, who recently left the Company for another career opportunity after six years of service.

Srini Raghavan Vice President & MD of Development India and South Africa
"We are thrilled to see Srini and Kurt step into these roles leading our Asia Pacific operations," said Richard M. Haddrill, Bally's Chief Executive Officer. "Srini has in depth operational management experience and a strong knowledge of our technology solutions, while Kurt brings nearly 12 years of gaming industry experience and a solid background in sales, business development, and marketing. Moreover, Kurt has been overseeing many of the day to day functions in our Macau office for the past two years, and has knowledge of the region and our customers that will be invaluable in continuing to drive Bally's growth in Asia Pacific."
Raghavan joined Bally Technologies in 2005 to serve as Managing Director for the Company's India operations, a role that he will continue to hold. Among his many accomplishments at Bally, Raghavan was responsible for establishing Bally's India Development Center; recruiting the initial core team; and has overseen growth of the operations to nearly 1,000 full time employees today. He has also led the delivery of various product releases across games, systems, and Information Systems; and established the Company's systems sales and support operations in South Africa.
Before joining Bally, Raghavan served nearly four years as Vice President and Managing Director of Manhattan Associates India, a company serving the multi national supply chain industry. During his career, he also held the role of General Manager of Analog Devices Lab in IIT Madras, a U.S. based digital-signal processing company, and founded his own company. Raghavan earned a degree in Economics from Delhi University and a diploma in Management. He considers his six year stint as a commissioned officer in the Army as a part of his core education.

Kurt Gissane Managing Director of Asia-Pacific, headquartered in Macau
Gissane joined Bally in 2009 as Associate Director, Business Development & Operations for the Asia Pacific region, overseeing the region's daily operations and successfully managing relationships with distributors, suppliers, and customers. In early 2011 he was promoted to Director of Sales and Operations. Gissane's business and sales acumen led to him being invited into Bally's President's Club for outstanding sales his first two years with the Company.
Before joining Bally, Gissane served with Aristocrat Technologies from 2000 to 2009, advancing through the company to Regional Sales Manager for Asia Pacific. Gissane earned a Bachelor of Business and Commerce degree from MONASH University of Victoria, Australia.
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, interactive and mobile applications, and Class II, lottery, and central-determination games and platforms. Bally also offers an array of casino management, slot accounting, bonusing, cashless and table management solutions. For more information, please contact Laura Olson Reyes, Director of Corporate Communications, at 702 584 7742, or visit http://www.ballytech.com.  Connect with Bally on Facebook, Twitter, YouTube and LinkedIn.


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.


BALLY TECHNOLOGIES, INC.
Posted: 21 Nov 2011 09:10 AM PST
LAKEWOOD, N.J.  (November 21, 2011) – Gaming Laboratories International (GLI) was the first independent gaming test lab to serve the Latin American and Caribbean region. Now the company has achieved yet another milestone, becoming the first test lab to be licensed in Bolivia. Under terms of the the license, GLI will test gaming machines, medias that allow the access to the games and games duly authorized by the  Autoridad de Fiscalizacion y Control Social del Juego.
"We are thrilled to be the first gaming test lab licensed by Bolivia's Autoridad de Fiscalizacion y Control Social del Juego, and we are grateful for the trust they have placed in GLI," said GLI Latin American and Caribbean Development Manager Karen Sierra-Hughes. "Once again, GLI has clearly proven our predominant position in the Latin American and Caribbean region, by becoming the first laboratory to obtain its accreditation in Bolivia."
"This achievement will benefit the global gaming industry, as it will create opportunities to continue to expand their product offerings into new markets," she continued.
GLI had established internal procedures to address the licensing processes in order to immediately react to the requirements of laboratory accreditation established by the regulators, and because of this preparation, once again GLI was the first test lab to achieve the license.
GLI is far and away the leading test lab in Latin America and the Caribbean, and services the region with its locations in Buenos Aires, Argentina, Mexico City, Mexico, Lima, Peru, and San Juan, Puerto Rico.
This latest news comes on the heels of GLI's recently completed Latin American Regulators Roundtable, which drew a record crowd of more than 58 regulators from 22 jurisdictions from Latin America and the Caribbean.
For more than 20 years, all around the world Gaming Laboratories International, LLC has been the leader in providing independent testing, inspection and certification services to the gaming industry. With 19 laboratory locations located across Africa, Asia, Australia, the Caribbean, Europe, North America and South America, GLI is the only global organization of its kind to hold U.S. and international accreditations for compliance with ISO/IEC 17025, 17020 and Guide 65 standards for technical competence in the Gaming industry. GLI offers independent third-party evaluation and certification of Gaming technology, devices and systems in addition to providing network and information security assessments. For more information, visit www.gaminglabs.com.