Bally Technologies, Inc. (NYSE: BYI), a leader in slots, video machines,
and casino-management systems for the global gaming industry, announced
that it has leased approximately 77,000 square feet of additional office
space in Las Vegas and Reno, Nev., creating new corporate campuses to
accommodate Company growth.
“The acquisition of these two leased facilities demonstrates the
strength of our business despite these challenging times,” said Chief
Executive Officer Richard M. Haddrill. “These leases will allow us to
achieve greater teamwork and work efficiencies for our engineering
teams, and accommodate further growth.”
According to Bally’s Chief Operating Officer Gavin Isaacs, the Company
has added 36,000 square feet of space in Las Vegas, relocating 175 game
development, advanced development, and project management employees to
the former Carter Burgess building at 6655 Bermuda Road.
“The property is leased over a long-term basis which, including options,
spans more than 20 years. Along with a smaller building across Bermuda
Road housing about 100 employees, we truly have created a Las Vegas
campus environment in a great location in the Hughes Airport Industry
Center five minutes from the airport,” Isaacs said. “Recent upgrades to
the landscape and main lobby are being followed by remodels of our
showrooms and customer conference center during the early part of fiscal
2010.”
In Reno, a new 41,000 square-foot facility at 900 Sandhill Road adjacent
to Bally’s existing facility at 950 Sandhill Road will provide Bally's
340 Reno-based employees – which consist primarily of Research &
Development, customer service, product management, and various technical
support and administrative personnel – with more workspace in a
campus-style environment similar to the Company’s corporate campus in
Las Vegas. Construction is scheduled to be completed in September 2009
on the building, which Bally also leased under a long-term agreement.
Isaacs said that the new Reno campus brings Bally’s employees who focus
on Games and Systems together in a collaborative environment to more
efficiently capitalize on the increasing convergence of Games and
Systems in the gaming industry.
"We have had a presence in Reno for more than 20 years, and have had
very positive experiences with the community and the Reno employee
base," Isaacs added.