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Bally Gets Shareholder Approval for Acquisition Deal

Chicago based betting firm Bally Technologies has revealed that the company's shareholders have approved a $5.1 billion acquisition by fellow gaming firm Scientific Games.

The acquisition deal was approved of by more than 99.61% of shareholders, which will see Scientific Games paying $5.1 billion for the company, which was made on August 1st of this year.

The approval of the deal was one of the contingencies put into place in order to complete the deal. The deal will now go in front of regulators, who will decide whether the deal can be completed. There are still other conditions that have to be met before the deal can be completed.

Casino Listings will update this story as more developments arise.

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