Bally Entertainment Corporation

Historical Events

    Jan 10, 1932:

    • The company is founded as Bally Manufacturing Corporation.

    1963:

    • The company is acquired by investors.

    1964:

    • Bally's "Money Honey", one of the first electromechanical slot machines, is introduced.

    Apr 29, 1968:

    • Bally Manufacturing Corporation is incorporated as a publicly traded company.

    1969:

    1978:

    • Bally ships the first units of its new Bally Professional Arcade video game console and simple computer system designed by the Midway team.

    1981:

    • Version 2 of their game console ships, renamed Bally Computer System.

    1982:

    • The console name is changed to Astrocade and new versions are released.

    Feb 25, 1982:

    Apr 20, 1982:

    • Gabriel Industries, a division of CBS/Columbia, announces a four-year agreement with Bally Manufacturing to market home video game versions of Bally Arcade games.

    Aug 25, 1983:

    • Bally Manufacturing agrees to acquire the American coin-operated assets of SEGA Enterprises.

    1985:

    • Bally Manufacturing announces it is dropping out of the coin-operated and videogames business.

    Jul 10, 1988:

    • Bally Manufacturing agrees to sell its coin-operated amusement game manufacturing business to WMS Industries for US $8 million.

    1992:

    • Bally sells rights to the Bally name to Williams for pinball machines.

    Jul 12, 1994:

    • The company name is changed to Bally Entertainment Corporation.

    Dec 20, 1995:

    • The company is registered to New York state.

    Jun 07, 1996:

    • Bally Entertainment Corporation is acquired by Hilton Hotels Corporation.

    Feb 20, 1998:

    Company history contributed by Patrick Bregger (199135) and Jeanne (76526)