About Bally Tech
Bally Tech is a company based in Las Vegas (United States) founded in 1932 was acquired by Scientific Games in August 2014.. The company has 2,126 employees as of December 31, 2014. Bally Tech has completed 3 acquisitions, including Bet.Works, Dragonplay and Shuffle Master. Bally Tech operates in a competitive market with competitors including VIP Entertainment Technologies, OpenPlay, Interblock, BetMGM and Blazesoft, among others.
- Headquarter Las Vegas, United States
- Employees 2126 as on 31 Dec, 2014
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bally Technologies Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
2126
as on Dec 31, 2014
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Investments & Acquisitions
Bet.Works
& 2 more
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Acquired by
Scientific Games
(Aug 01, 2014)
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Leadership Team
30 people
Software Development Team
18 people
Sales and Marketing
12 people
Finance and Accounting
12 people
Legal and Compliance
10 people
Human Resources and Administration
8 people
Product Management Team
6 people
Operations Team
3 people
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Funding Insights of Bally Tech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bally Tech
Bally Tech has secured backing from 1 investor. Prominent investors backing the company include Scientific Games. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Gambling products and services are provided to global markets.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bally Tech
Bally Tech has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bet.Works, Dragonplay and Shuffle Master. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Tech-enabled solutions for online gambling operators are provided.
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2018 | ||||
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Social and mobile games are developed by Dragonplay in Israel.
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2011 | ||||
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Casino gaming security services are provided by Shuffle Master.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Bally Tech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bally Tech Comparisons
Competitors of Bally Tech
Bally Tech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as VIP Entertainment Technologies, OpenPlay, Interblock, BetMGM and Blazesoft, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Development studio developing tech-enabled products for the gambling industry
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| domain | founded_year | HQ Location |
Skill-based games and fantasy sports are provided by OpenPlay.
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| domain | founded_year | HQ Location |
A range of multi-category casino electronic table games is developed.
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| domain | founded_year | HQ Location |
Online casino and sports betting platforms are developed by BetMGM.
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| domain | founded_year | HQ Location |
SaaS-enabled back-end management solutions for games and gambling are developed.
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| domain | founded_year | HQ Location |
Platform offering game development solutions for online and offline gambling operators
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Bally Tech
When was Bally Tech founded?
Bally Tech was founded in 1932.
Where is Bally Tech located?
Bally Tech is headquartered in Las Vegas, United States. It is registered at Las Vegas, Nevada, United States.
How many employees does Bally Tech have?
As of Dec 31, 2014, the latest employee count at Bally Tech is 2,126.
What does Bally Tech do?
Bally Tech was founded in 1932 and is headquartered in Las Vegas, United States. Operations focus on the gaming sector, where electronic products for casinos are developed and distributed. Key offerings include electronic tables, roulette systems, card shufflers, and table games. The company was acquired by Scientific Games Corporation in a transaction valued at 5.1 billion USD, integrating its technologies into broader gaming solutions.
Who are the top competitors of Bally Tech?
Bally Tech's top competitors include BetMGM, ODDSworks and Interblock.
How many acquisitions has Bally Tech made?
Bally Tech has made 3 acquisitions, including Bet.Works, Dragonplay, and Shuffle Master.
Who are Bally Tech's investors?
Bally Tech has 1 investor. Key investors include Scientific Games.