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---:"'•· METEI PLA UPDATE EDITION EDITION April 21, 21, 1978 1978 April Volume 4, Number 88 Volume 4, Number Bally still plans casino casino still plans Bally Bally Manufacturing Manufacturing Corp. Corp . is is Bally going ahead its plan plan to to build build and going ahead with with its and operate an an $83 $83 million million hotel-casino hotel-casino operate complex in in Atlantic Atlantic City, City , New New complex to proceed proceed is is Jersey . This This decision decision to Jersey. being made made despite despite legislation legislation passed being passed in the the state state which, which , the the company company in feels, will will restrict restrict its its financing financing operaoperafeels, tions. tions. Bally has has sought Bally sought conventional conventional long-term mortgage mortgage financing, financing, but but long-term the firm firm now now sees sees that that possibility possibility as the as legislation being seriously affected by by legislation being seriously affected passed March An amendment to passed March 17. 17. An amendment to the casino casino law law passed passed by by the the the legislature and and signed signed by by the the govergoverlegislature nor authorizes authorizes under under certain certain circumcircumnor the appointment stances the stances appointment of of aa conconthe casino casino but but servator of of not not only only the servator the hotel hotel as as well. well . the "Bally have no "Bally may may now now have no alternaalterna- Elcon Industries, Industries , aa video video game game Elcon manufacturer, has has moved moved to to larger larger manufacturer, quarters to to accommodate accommodate the the ininquarters creased production production of of existing existing Elcon creased Elcon video games. games. video The firm's firm's new new address address is The is as as 2715 NaNafollows: Elcon Elcon Industries, Industries , 2715 follows: kota , Royal Royal Oak, Oak, Michigan Michigan 48073. 48073. kota, The new new telephone telephone number number for for the the The company is is (313) (313) 549-1140. 549-1140 . company Elcon has has also also introduced introduced aa new new Elcon wall game. game . The The new new wall wall game game is is wall fully interchangeable fully interchangeable with with all all major major components located located in in the the door door for for components and service. service . Games Games can can easy access access and easy be changed changed simply simply by by removing removing the the be door from from its its hinges hinges and and substituting substituting door another. another. at Elcon Elcon Also slated slated for for production production at Also is an an innovative innovative kiosk kiosk design design which which is will hold hold wall wall games. games . The The concon will temporary kiosk 'kiosk is is free-standing free-standing and and temporary holds six six wall wall games. games. Where Where space space is is holds limited, the the unit unit can be arranged arranged limited, can be around an ~n existing existing column, column , or or three three around games can can form form aa semi-circle semi-circle against against games aa wall. wall. tive but tive but to to finance finance its its project project through through and other other forms forms of of internal resources resources and internal debt financing," finan~ing ," said said William William T. T. debt O'Donnell, Bally Bally president. president. O'Donnell, At the the same same time At time,, O'Donnell O'Donnell said said recent report report that that Bally Bally would would aa recent "probably withdraw" withdraw" its its application application "probably for aa casino casino license license was was "erroneous." for "erroneous." Baily's decision to proceed proceed with with its its Bally's decision to prompted by by plan was was reportedly reportedly prompted plan assurances from from New New Jersey Jersey legislalegislaassurances and other other government government leaders leaders tors and tors that ifif its its concerns concerns were were "well-found"well-foundthat ed , the the act act would would be be changed changed to to ed, needs ." meet industry industry needs." meet O'Donnell also also said said that that Bally Bally is is O'Donnell concerned that that other potential liliconcerned other potential censees "not "not as as financially financially strong strong (as (as censees Bally) may may suffer suffer from from the the narrowing narrowing Bally) financial alternatives financial alternatives caused caused by by the the amendment-and this this could could hurt hurt the the amendment-and industry ." .' ' industry O'Donnell said O'Donnell said other other companies companies shared Bally's Baily's concern at recent recent shared concern at in Trenton, Trenton, New New Jersey Jersey and and hearingsin hearings urged "the deletion of urged "the deletion of the the conservaconservatorship provision prov1s1on as as Bally Bally had had torship suggested sted.."" sugge Bally is is one one of two companies companies to to Bally of two file an an application application for for aa permanent permanent file casino license. license . casino Bally has has purchased purchased the the Dennis Dennis Bally Hotel in in Atlantic Atlantic City City and and has has a a Hotel long-term lease lease on on the the MarlboroughMarlboroughlong-term Blenheim, two two of of the the resort's resort's major major Blenheim, properties. properties. company said said it it is is confident confident it The company The it will satisfy satisfy the the · very very stringent stringent rerewill the New New Jersey Jersey Casino Casino quirements of of the quirements Control Act, Act , and and is is hopeful hopeful that that its its Control June 1980 1980 target target date date for for opening opening its its June hotel-casino complex complex will will be be met. met. hotel-casino Elcon moves up El con m oves u p 27 Stan,ding at at the the front front door door of of their their new new building building are are (from (from left) left) Elcon Elcon Standing employees Mel Mel Jacobs, Jacobs , Joyce Joyce DeVries, DeVries, Andre Andre Dubel, Dubel, Michele Michele Industries employees Industries Dubel, and and Randy Randy Shore. Shore . Dubel,