USD1 million agreement for Casino Games Maker entered into by Bally Technologies

2025-07-16

A deal for around $1.3 million in cash has been struck by Bally Technologies to attain SHFL which was earlier called as Shuffle Master and is a manufacturer of casino games. SHFL was originated in 2025 and is located in Las Vegas. It became public in 2025 and is engaged in the production of roulette chip sorters, automatic card shufflers, electronic gambling machines and proprietary table games. The latest economic quarter of the company witnessed 45% of its income returns from Asia and Australia. A share worth $23.25 is being paid by Bally Technologies which symbolizes a payment of 24% over closing price of SHFL on Monday and a payment of 37% over the average closing price of its stock for a period of 90 days which concluded on Monday.        
 
As per Capital IQ data of Standard & Poor, this agreement will prove to be leading attainment in the history for Bally Technologies which is also located on Las Vegas. As stated by chief executive of SHFL-Gavin Isaacs, Bally also concentrates on producing amusing player experiences via high-performing games and modern technological resolutions to enhance output on the casino floor, similar to SHFL. As per suggestion given by Macquarie Capital and the law firm Skadden, Arps, Slate, Meagher & Flom to SHFL; the amalgamation of two groups has given rise to a superior and stronger organization which is supposed to place the company in high rank for prospective development.  

The economic consultants of the Bally Technologies included Goldman Sachs and Groton Partners while the legal consultants were Gibson, Dunn & Crutcher. Some of the organizations which have supplied Bally with dedicated economic support for this attainment include Bank of America, Wells Fargo, Merrill Lynch, Union Bank , Goldman  and JPMorgan Chase.