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Bally Technologies Signs Deal With Magna Entertainment

LAS VEGAS, Nevada – (PRESS RELEASE) -- Bally Technologies, Inc. (NYSE: BYI) announced today it has signed a contract with Magna Entertainment Corp. (MEC) (Nasdaq: MECA) to provide a complete slot accounting, casino management and bonusing solution and a wide variety of gaming devices for MEC's Gulfstream Park racino as Class III gaming in Florida grows closer to becoming a reality.

Already a world-class thoroughbred horse racing facility, Gulfstream Park in Hallandale near Miami is scheduled to open its slot machine entertainment complex in October 2006. Gulfstream Park is planning to open with 500 slot machines -- all to be equipped with the Bally iVIEW(TM) touch-screen displays -- and expand to 1,500 early next year. The order for Bally slots includes a wide variety of ALPHA OS(TM) games on the M9000 and S9000 cabinets.

In becoming the first Class III facility in Florida to select its systems provider, Gulfstream Park will install a combination Bally CMS® / SMS® solution for complete slot accounting, casino management, player tracking and bonusing technology from the Bally Power Bonusing(TM) suite of products.

"We conducted a very thorough competitive review of all of the leading systems suppliers and determined that Bally was our preferred vendor," said Paul Micucci, President of Gulfstream Park. "We're confident that a combination of games and bonusing technology from Bally will attract players and provide visitors to Gulfstream Park an exciting and entertaining gaming experience."

"We're pleased to secure the first Class III casino management system in Florida while partnering with Magna to help to create a new environment for gaming in that state," said Tom Reilly, Vice President, Eastern Region Systems Sales for Bally. "I think a package of advanced Bally systems and gaming technology provides a compelling combination for any operator in Florida and beyond."

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