Bally Technologies (BTI) to Acquire Sightline Payments

March 3, 2011 4:03 PM EST
Bally Technologies, Inc. (NYSE: BYI) has entered into a definitive agreement to acquire Las Vegas-based Sightline Payments, a provider of innovative payment solutions.

Bally’s Chief Executive Officer, Richard Haddrill, said, “Sightline Payments is our latest strategic investment and continues to show our commitment to a comprehensive system product offering. Payment systems and gaming systems will continue to converge and incorporate privatized currency capabilities currently available in retail and online.”

Sightline Payments will remain in Las Vegas, and brings to Bally significant gaming and payment industry experience from Kirk Sanford, Tom Sears, and Diran Kludjian.

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