11 Facts About Bally Manufacturing

1.

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.

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2.

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.

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3.

Bally Manufacturing, based in Chicago, quickly became a leading pinball maker.

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4.

In 1964, Bally Manufacturing introduced the first electromechanical slot machine, "Money Honey.

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5.

Also in the late 1970s, Bally Manufacturing made an entry into the growing market for home computer games with the Bally Manufacturing Professional Arcade.

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6.

Bally Manufacturing purchased several casinos, including the MGM Grand Hotel and Casino on the Las Vegas Strip; The MGM Grand Reno in Reno, Nevada; and the Golden Nugget Atlantic City, rebranded Bally's Grand and later The Grand—A Bally's Casino Resort.

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7.

The expansion quickly took its toll on the company's finances, and Bally Manufacturing was forced to sell off several divisions, including Six Flags and Bally Manufacturing-Midway.

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8.

In 1990, Bally Manufacturing came under new management as its largest shareholder, Arthur Goldberg, was appointed chairman and began a restructuring process.

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9.

In May 1995, Bally Manufacturing Entertainment announced plans to develop Paris Las Vegas, a new casino hotel next to Bally Manufacturing's Las Vegas.

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10.

In June 1996, Bally Manufacturing agreed to be acquired by Hilton Hotels Corporation.

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11.

Bally Manufacturing name is mentioned in the song "Pinball Wizard" in the rock opera Tommy and its soundtrack, by the British rock band The Who.

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