US giant and i-gaming forerunner Bally Technologies has announced its 2nd quarter interim report showing an exponential growth of $997 million in revenues, setting a new record for this software developer who’s also taking the opportunity to launch new titles at Mr Green Casino before summer ends.
Crisis, What Crisis?
Amidst new US regulations for land-based and online casinos, Bally Tech has managed to survive the on-going i-gaming debate and market fluctuations by increasing its gaming content and expanding its list of licensees, in addition to supporting the growing mobile gaming platform and adding new video slots each month.
Bally’s President and CEO Ramesh Srinivasan commented that:
Fiscal 2013 was a truly momentous year in Bally’s history.
This year, the company took on a large expansion by adding new licensees like Mr Green Casino plus managing to transform most of its most appraised land-based slots to the online and mobile platforms, such as 777 Hot Shot, Quick Hit Platinum and Big Vegas, to name a few.
On Bally’s market growth and new titles release, Srinivasan added that
we made enormous progress in many different ways […] significant success in new markets like Canada, Illinois, and South Africa, establishing new revenue records in Systems while setting up Systems for further growth in the years ahead, and the launch of Bally content in regulated online jurisdictions.
Bally’s Interim report shows a strong 8% increase in revenues compared to 2012, and a 32% increase in operating income.