Alliance Gaming Enters Into Development Agreement With Top Gun Gaming.LAS VEGAS--(BUSINESS WIRE)--May 27, 1998--Alliance Gaming Corp. (Nasdaq:ALLY) Wednesday announced its Bally bally Adjective, adv Brit old-fashioned, slang extreme or extremely: a bally nuisance, he's too bally charming for his own good Adj. 1. Gaming and Systems subsidiary has signed a product development agreement with Top Gun Gaming. Formed in February 1998, Top Gun Gaming is a privately held game development company based in Westerly Westerly, town (1990 pop. 21,605), Washington co., extreme SW R.I., between the Pawcatuck River and Block Island Sound; inc. 1669. Its textile industry dates from 1814, and granite has been quarried there since c.1850. , R.I. The company's principals, John Pasqualoni, John Meekins and Troy Parrott, created Top Gun to bring exciting new gaming concepts to the worldwide gaming industry. Under the agreement, Top Gun has sold its worldwide rights for a wide-area progressive gaming concept and a second feature niche gaming concept to Bally Gaming and Systems. In addition, Bally Gaming and Systems will have the exclusive option to acquire other gaming concepts developed by Top Gun on a first right of refusal basis. Under the consulting arrangement, the three principals of Top Gun will team with Bally Gaming and Systems to develop and promote new games. "This agreement represents another milestone in expanding our library of entertaining gaming concepts," stated Morry Goldstein, president and chief executive officer of Alliance Gaming Alliance Gaming NYSE: AGI is a Las Vegas, Nevada based manufacturer of slot machines and casino management software. History On June 18, 1996 merged with Bally Gaming International. . "We are fortunate to have secured the creative talents of the gaming industry veterans at Top Gun." Pasqualoni was with Foxwoods Resort Casino Foxwoods Resort Casino is a hotel-casino in Ledyard, Connecticut. It is the largest casino in the world, as measured by floor space for gaming, with 340,000 sq ft (31,587 m²) [1]. The entire resort comprises 4,700,000 sq ft (440,000 m²) of space. since the introduction of slot machines in 1993 and over the years held the positions of vice president of slot operations and vice president of casino marketing. Pasqualoni has more than 20 years of gaming industry experience working in key management positions with several major properties in Nevada and New Jersey. Meekins, also with Foxwoods since the introduction of slot machines, held the positions of slot manager, director of slot operations and vice president of slot operations. Meekins has been in the gaming industry for more than 12 years working in key management positions for companies such as Bally's Park Place and Trump Plaza Trump Plaza is a name associated with several buildings in the Trump Empire
Parrott has spent six years in the gaming industry and has held positions with IGT IGT impaired glucose tolerance. and its European subsidiary IGT-Europe b.v. and was vice president of business development at Atronic USA prior to the forming of Top Gun Gaming. With more than 38 combined years of gaming industry experience, they are now focused on enhancing the entertainment value of casino patrons' gaming experiences. "Our teaming with Bally Gaming was a natural fit because of the quality and acceptance of their products and of their worldwide distribution capabilities," stated Parrott of Top Gun Gaming. "We look forward to developing creative new gaming concepts to bring to the market." Alliance Gaming is a diversified gaming company with headquarters in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. . The company is engaged primarily in the design, manufacture and distribution of advanced gaming devices and systems worldwide, and is the nation's largest gaming machine See video game console. route operator and operates two regional casinos A Regional Casino, more commonly known as a Super Casino (or occasionally known as Mega Casino or variants) is the term given to the largest category of casino permitted under English law. . CONTACT: Alliance Gaming Corp., Las Vegas Scott Schweinfurth, 702/270-7625 |
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