Case Study: Bally Technologies The oldest slot machine manufacturing company in the world, Bally was founded in 1932 by Ray Maloney. In 1975, Bally became the first gaming company to be publicly traded on the New York Stock Exchange. Bally Technologies, Inc. is a diversified, worldwide gaming company that designs, manufactures, distributes and operates gaming devices and computerized monitoring, accounting and player tacking systems fo gaming devices. In addition to selling gaming devices, the company also offers customers a wide range of purchase and lease options. Improving Cash Flow In 2005, Bally Technologies was in a weak financial position and was losing money. They had just restated several years of past financials and had received an adverse internal controls letter th

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