- For the fitness chain, see Bally Total Fitness.
Bally Manufacturing, later renamed Bally Entertainment, was an American company that began as a pinball and slot machine manufacturer, and later expanded into casinos, video games, health clubs, and theme parks. It was acquired by Hilton Hotels in 1995. Its brand name is still used by several businesses previously linked to Bally Manufacturing, most notably Bally Technologies.
Video Bally Manufacturing
History
The Bally Manufacturing Corporation was founded by Raymond Moloney on January 10, 1932, when Bally's original parent, Lion Manufacturing, established the company to make pinball games. The company took its name from its first game, Ballyhoo. The company, based in Chicago, quickly became a leading maker of the games. In the late 1930s, Moloney began making gambling equipment, and had great success developing and improving the mechanical slot machines that were the core of the nascent gaming industry. After manufacturing munitions and airplane parts during World War II, Bally Manufacturing Corporation continued to produce innovations in flipperless pinball machines, bingo machines, payout machines and console slot machines through the late 1950s. They also designed and manufactured vending machines and established a coffee vending service. The company made a brief venture into the music business with their own record label, Bally Records.
Ray Moloney died in 1958, and the company floundered briefly. With the financial failure of its parent company, Bally was bought out by a group of investors in 1963. Throughout the 1960s, Bally continued to dominate the slot machine industry, cornering over 90% of the worldwide market by the end of the decade. In 1964, Bally introduced the first electromechanical slot machine, called the "Money Honey." In the late 1960s, Bally became a publicly traded company and made several acquisitions, including German company Guenter Wulff-Apparatebau (renamed Bally Wulff) and Midway Manufacturing, an amusement game company from Schiller Park, Illinois.
The 1970s
In the late 1970s, Bally entered the casino business when New Jersey legalized gambling in Atlantic City. This effort moved forward even though the company was temporarily unable to attain a permanent license for the completed casino. During this period, company head William T. O'Donnell was forced to resign because of alleged links to organized crime. Prior to this, Mr O'Donnell strenuously denied any such links. For example, when questioned at the Moffitt Royal Commission (the NSW Clubs Royal Commission) - an investigation held New South Wales, Australia - on alleged criminal activities with US and Australian criminals, he admitted that Genovese Mafia boss, Jerry Catena (Gerardo Catena), once owned shares in the business, "but I bought him out." He also denied knowing Chicago mobster, Joseph Dan Testa, even though Australian Police described Testa "as a representative of Bally who visited Australia."
The company opened the Park Place Casino & Hotel on December 29, 1979. Also in the late 1970s, Bally made an entry into the growing market for home computer games. The Bally Professional Arcade, as the machine was called, had advanced features for the time. These included a palette of 256 colors and the ability to play 4-voice music. The machine also shipped with a cartridge that allowed users to do a limited amount of programming on the machine themselves (using the BASIC language), and record their creations on cassette tape. The machine's price point was above the Atari 2600 (its major competitor), and it had a much more limited set of available games. Despite a loyal following, it failed to compete successfully. During the 1970s and early 1980s, Midway became a primary source of income for Bally as it became an early arcade video game maker and obtained the licenses for three of the most popular video games of all time: Space Invaders, Pac-Man and Ms. Pac-Man.
The 1980s
By the mid-1980s, the company again had a strong balance sheet and began buying other businesses including the Six Flags amusement park chain in 1983, and the Health and Tennis Corporation of America. The health club division, under "Bally Total Fitness", grew during the 1980s and 1990s. The company also purchased several casinos, including the MGM Grand Hotel and Casino on the Las Vegas Strip (which was subsequently re-branded as Bally's Las Vegas), The MGM Grand Reno (Reno, NV) and the Golden Nugget Atlantic City which was branded Bally's Grand and then later "The Grand-A Bally's Casino Resort". This expansion quickly took its toll on the company's finances, and Bally was soon forced to sell off several divisions, including Six Flags and Bally-Midway. The pinball division, along with Midway, was acquired by Williams Electronics in 1988.
The 1990s
Under new management in 1992, the newly named Bally Entertainment Corporation focused on the health club business and spun off the game-manufacturing parts of the company. The Aladdin's Castle chain of game arcades was sold to Namco in 1993, and was renamed Namco Cybertainment, Inc. By 1993 the core manufacturing division was the leader in fitness equipment including the Life Fitness brand including 'Life Cycle', 'Life Step' and 'Life Rower' machines. The success was short lived and Life Fitness was sold to the Brunswick Corporation.
In 1995, they opened Bally's Casino Tunica in Tunica, Mississippi.
In May 1995, Bally Entertainment announced the project of Paris Las Vegas at a shareholders meeting. Paris was designed by architectural companies Leidenfrost/Horowitz & Assoc., Bergman, Walls & Assoc. and MBH Architects. The design architect of the project was Bergman Walls Associates. Herbert Horowitz, Partner of Leidenfrost/Horowitz & Assoc. was executive architect and signed all plans. Bally broke ground for the Paris Las Vegas on April 18, 1997, and construction began in May on the 24 acres (9.7 ha) parcel on the Las Vegas Strip. It completed in May 1997 at an estimated cost of $760 million.
In 1995, Bally Entertainment was purchased by Hilton Hotels Corporation. Later the casino resorts division of Hilton Hotels became Park Place Entertainment, (later Caesars Entertainment) and in 2005 was acquired by Harrah's Entertainment.
Maps Bally Manufacturing
The name
Many casinos and businesses worldwide took on the Bally name and logo in the maze of ownership, division spin-offs and licensing agreements. Midway continued to use the Bally name for its pinball games, until WMS Industries (the parent company of Williams) ceased pinball production in 1999. On March 31, 2005, WMS Industries struck a deal with Australian company The Pinball Factory to give them a license for the intellectual properties and the rights to re-manufacture former Bally/Williams games in the field of mechanical pinball. In addition, The Pinball Factory also has bought the right to manufacture new games using the company's new hardware system under the Bally brand. Alliance Gaming, which had bought Bally Gaming International in 1995, changed its name to Bally Technologies. Bally Total Fitness and distributor Bally France still use the same 'Bally' logo though any formal business relationships, as of June 2007, are coincidental. The name is most well known for being in the song, "Pinball Wizard" in the rock opera Tommy and its soundtrack.
Pinball machines using the Bally brand
Select Machines Developed by Bally or Bally-Midway
Developed by Midway
Developed by The Pinball Factory
The Crocodile Hunter Outback Adventure based on the wildlife documentary television series The Crocodile Hunter was in development by Australian pinball manufacturer The Pinball Factory under license from Bally. It was abandoned at the end of 2007 due to the death of the main character of the game, Steve Irwin and never went into production.
Slot machines
Casinos
- Bally's Park Place
- Bally's Las Vegas
- Bally's Grand
- Bally's New Orleans
- Bally's Reno
- Bally's Casino Tunica
- Paris Las Vegas
References
- Galecki, Irek (2006), Slot Machines History, Online Casino Press, retrieved 2007-06-25
- Wilson, Mark R. (2005), "Bally Manufacturing Corp.", Encyclopedia of Chicago, Chicago, Illinois: Chicago Historical Society, retrieved 2007-06-27
- Lawlor, Pat (1992), "The Addams Family", Pinball Hall of Fame, Internet Pinball Database, retrieved 2007-06-25
Source of the article : Wikipedia
0 Comments