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Alliance Gaming Receives Final Approval for Betty Boop Themed Progressive System in Atlantic City22 August 2000LAS VEGAS, Nevada – (Press Release) --Aug. 22, 2000-- Alliance Gaming Corp. (Nasdaq: ALLY) announced today that its Bally Gaming and Systems business unit, a leader in slots, video machines and casino management software for the global gaming industry, has received final approval from the State of New Jersey Casino Control Commission for its Betty Boop-themed wide-area progressive system in Atlantic City. Bally Gaming and Systems becomes just the second company to receive Casino Control Commission (CCC) approval for a wide-area system in the Atlantic City market and reaches another milestone in its effort to build on the lucrative recurring revenue segment of its gaming operations. Bally originally began a mandated field trial with 83 machines at four Park Place Entertainment properties in May. The final approval followed a positive recommendation from the State of New Jersey Division of Gaming Enforcement and allows Bally to begin placing a second wave of Betty Boop games in the market immediately. ``This is truly a milestone event for both Bally Gaming and Systems and the Atlantic City market,'' said Robert Miodunski, President and Chief Operating Officer of Alliance Gaming. ``The Betty Boop games have been extremely popular with players during the field trial and we look forward to getting the next round of games installed as quickly as possible.'' In addition to the link in Atlantic City, casinos throughout Nevada and Mississippi and a national Native American link offer separate Betty Boop's Big Hit wide-area progressive systems. Betty Boop's Big Hit is scheduled to be installed in the California market in September. The top jackpot on the Betty Boop progressive link has hit 30 times nationally in less than 12 months, including a payout of $631,284 to a lucky player on Sunday, Aug. 20 at Foxwoods Resort Casino in Mashantucket, Conn. The latest jackpot was the second-largest Betty Boop payout ever, topped only by a $742,022 jackpot on Feb. 24, also at Foxwoods. In total, Bally has paid players $7,837,203, an average of $261,240 per jackpot, since the first jackpot hit Sept. 5, 1999, in Las Vegas. |