Slot machine manufacturer Bally Technologies says it’s trimming about 6 percent of its workforce, or 270 jobs, as part of a restructuring effort after buying a rival.
Bally Technologies registered many employees long after they started work.
Atari’s 1981 hit Centipede is an antique in the video game world, but it’s the hottest new thing in the casino industry. Slot machine manufacturers are rolling out a raft of games inspired by the penny arcade, hoping to attract middle-aged gamblers with a dose of nostalgia and the promise of finally cashing in on all those hours spent in front of a screen.
Bally Technologies Inc. says it has agreed to buy fellow gambling equipment maker SHFL entertainment Inc. for about $1.31 billion in cash.
Industry leaders are gathering in Las Vegas this week for the annual Global Gaming Expo. A number of new slot machines are making their debut at the trade show.