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Bally updates quarterly reporting

12 December 2006

LAS VEGAS, Nevada -– (PRESS RELEASE) -- Bally Technologies, Inc. (NYSE: BYI) announced today that it anticipates filing its Form 10-Qs for the fiscal quarters ended Sept. 30, 2005 and Dec. 31, 2005 on or before Dec. 22, 2006.

While the Company also continues to work diligently to complete its Form 10-Q for the March 31, 2006 quarter, as well as its Form 10-K for the fiscal year ended June 30, 2006, the Company has requested an amendment to its bank loan agreement to extend the Dec. 31, 2006 deadline for delivery of these two remaining 2006 filings to March 15, 2007. While the Company believes it can achieve this filing schedule, there can be no assurance that the schedule will be met, or that the amendment to the bank loan agreement will be successfully obtained. The Company will provide an update on the filing status of its 2007 Quarterly Reports on Form 10-Q after the filing of its 2006 10-K.

With a history dating back to 1932, Las Vegas-based Bally Technologies designs, manufactures, operates and distributes advanced gaming devices, systems and technology solutions worldwide. Bally's product line includes reel-spinning slot machines, video slots, wide-area progressives and Class II, lottery and central determination games and platforms. As the world's No. 1 gaming systems company, Bally also offers an array of casino management, slot accounting, bonusing, cashless and table management solutions. The Company also owns and operates Rainbow Casino in Vicksburg, Miss. A

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