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Bally Technologies Reports Death of Board Member

18 Aug 2006

LAS VEGAS, Nevada – (PRESS RELEASE) -- Bally Technologies, Inc. (NYSE: BYI) is saddened to announce the death of Board Member Joel Kirschbaum. Mr. Kirschbaum passed away on August 16, 2006 after a brief illness.

"We are all deeply saddened by Joel's death," said David Robbins, Chairman of the Board. "Joel's contributions to our Company during the past 12 years, including playing a leading role in guiding its development from a route operations company in the early 1990s to its present state as a sophisticated integrated gaming, systems and software company, have been enormous. Joel will be sorely missed by all of his many friends in the Company and in the industry, and we offer our heartfelt condolences to family and friends."

Mr. Kirschbaum has been a director since July 1994, served as Chairman of the Board of Directors from July 1994 to March 1995 and served as a member of the Company's Office of the Chairman since July 1, 2004. Mr. Kirschbaum was the controlling person of Kirkland Investment Company and, prior to that, served in various capacities including General Partner at Goldman Sachs.

 
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