![]() In the midst of those, Bally produced different kinds of gaming machines that dominated the market. It also survived several controversies and disputes among investors. Over 90 years of Bally Gaming’s history is filled with shifts in ventures and owners. Light & Wonder acquired Bally in 2014 for $3.3 billion and $1.8 million of assumed debts.īally Gaming Timeline: From Pinballs to a Casino Legacy.Bally changed their platform from EVO to Alpha, improving their video games’ quality.Buyouts and acquisitions by Ballyhoo hurt the company’s finances, forcing them to sell several divisions, including Bally/Midway, in 1988.He stepped down a decade after due to allegations of links to organized crime. O’Donnell took charge in 1963 and revived Bally Gaming. In 1958, Raymond Maloney died, which brought the company to a 5-year descent into impending bankruptcy.Pinballs were illegal during WWII, forcing Bally to manufacture airplane parts and munitions to stay afloat.The company’s name was from a colorful humor magazine, which inspired Bally’s first machine, Ballyhoo. ![]() Raymond Maloney founded Bally Manufacturing Corporation in 1932. ![]()
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