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Alliance Gaming Acquires Casino Management System Software Company13 November 2002LAS VEGAS – (Press Release) -- Alliance Gaming Corp. (Nasdaq: ALLY) announced today that its Bally Gaming and Systems business unit has acquired CMS, LLC, a leading supplier of software solutions focusing on player database management, player tracking and casino promotions. Based in Jackson, Miss., CMS has its software installed in more than 60 casinos nationwide, including casinos owned by Mandalay Resort Group, Isle of Capri Casinos, Inc., Station Casinos, Inc., Boyd Gaming Corporation and Coast Hotels and Casinos, Inc. Previously an affiliate company of Venture System Source, CMS offers a variety of software solutions compatible with the AS/400 platform, similar to the way the Casino Marketplace suite of products from Bally Systems communicates in a Windows® environment. The acquisition of CMS is the latest in a series of transactions that has reinforced the Company's position as the leading systems provider to the game industry. Bally Gaming and Systems, already the industry leader with its flagship SDS (Slot Data System) product, acquired Casino Marketplace in October 2001, Advanced Casino Systems Corporation (ACSC) in March 2002 and the LSI Casino Management System in September 2002. "The acquisition of CMS was the next step in our continuing efforts to expand our systems product line, build on our strong market position and add to our talent pool of software developers," said Robert Miodunski, President and Chief Executive Officer of Alliance Gaming. "We have partnered with Venture System Source in the past and quickly recognized the power of its software and how it is the perfect fit with our existing AS/400 products." Recognized as the industry leader with approximately 217,000 game monitoring units and 187 casino customers worldwide, the Bally Systems product line offers slot machine cash monitoring, accounting, security, maintenance, marketing, promotional and bonusing capabilities, enabling operators to accurately analyze performance and accountability while providing an enhanced level of customer service. Alliance Gaming is a diversified gaming company with headquarters in Las Vegas. The Company is engaged in the design, manufacture, operation and distribution of advanced gaming devices and systems worldwide, and is the nation's largest gaming machine route operator and operates two casinos. |