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Bally Technologies (BYI) is a maker of gaming devices such as slot, video and poker machines.
The company also, designs, manufactures, operates, and distributes advanced technology-based gaming devices, systems, server-based solutions, custom mobile applications, and interactive applications in the United States and internationally.
The company offers gaming equipment, gaming operations, and systems product lines. It sells gaming devices and related equipment, replacement parts, upgrades, game conversion kits, and other products.
The company also operates linked progressive systems, video lottery, and centrally determined systems, as well as rents gaming devices and content. In addition, it develops, sells, and supports specialized systems-based software, such as slot, casino, and table management systems, as well as customized system solutions, and a suite of player tracking, bonusing, and marketing applications; hardware, which comprise iVIEW and iVIEW Display Manager player-user-interface devices, and specialized system-based products; and interactive solutions, including mobile and online play-for-free and wager-based gaming products, as well as provides related maintenance services.
The company serves traditional land-based, riverboat, and Native American casinos, as well as video lottery and central determination markets. It distributes its products directly, as well as through a network of distributors.
Shares have formed a bullish "flag" and higher share prices are expected for this stock.
52-Week Trading Range: $43.16 - $76.30
Entry Point: $70.00
Stop Loss: $66.50
Target Price: $77.00
BYI reached and exceeded our target price.
