Slot and system manufacturer Bally Technologies announced that it has signed a seven-year contract to extend its current term with the New York Lottery to continue providing video gaming terminals to the state's eight racetrack casinos. The contract extension will commence immediately and run through December 31, 2017.

The company is one of three video gaming providers in the state. Bally currently has a 51 percent market share, providing more than 6,400 VLTs to Batavia Downs Casino, Empire City Casino at Yonkers Raceway, Fairgrounds Gaming & Raceway, Finger Lakes Gaming & Racetrack, Monticello Casino & Raceway, Saratoga Gaming & Raceway,  Tioga Downs Casino and Vernon Downs Casino & Hotel.

A ninth casino at Aqueduct Racetrack could come on line as early as 2011.

"We are pleased to extend our partnership with Bally Technologies, and make a long-term commitment to continue working together as we continue to grow our video lottery program," said New York Lottery Director Gordon Medenica. "Bally's video game content has proven to be very popular with our customers, and is helping us deliver increases in net win across our casino network, and in turn, give back to our state's vital funding for education."

"We are humbled and extremely proud that the New York Lottery has chosen to continue its partnership with Bally Technologies beyond the terms of our initial contract," said Bally CEO Richard M. Haddrill. "The first five-plus years of our relationship have been positive for both parties, and we are proud to have helped the lottery return more than $930 million from Bally units in support of aid to education in New York during that time."

By Staff