Reginal Thomas
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Scientific Games Buys Bally Technologies

Scientific Game Corp, a slot machine maker, is acquiring larger rival Bally Technologies Inc. for $3.27. This is the latest deal in the consolidating gaming market. The deal will further secure Scientific Games' casino management systems and table gaming products while still helping it expand in Australasia. Edward Williams, an analyst from BMO Capital Markets said, "Following a trail of recent mergers, we believe the combination of Scientific Games and Bally Technologies makes sense strategically."