Classic Mode

Play Meter

Issue: 1986 December - Vol 12 Num 21

tlEWS S
NEW
BALLY SUES
SUES TRUMP,
TRUMP, ADOPTS
ADOPTS
BALLY
SHAREHOLDER PLAN
PLAN
SHAREHOLDER
On December
December 5,
5, 1986
1986 Bally
Bally
On
Manufacturing
Corp.
filed
suit
in
U.S.
Manufacturing Corp. filed suit in U.S.
District
Court
in
Camden,
N.J.
against
District Court in Camden, N.J. against
New York
York real
real estate
estate developer
developer
New
Donald
Trump,
alleging
that
Trump
Donald Trump, alleging that Trump
and
related
entities
violated
federal
and related entities violated federal
securities and
and antiturst
antiturst laws.
laws.
securities
Trump
owns
significant
property in in
Trump owns significant property
New
York
and
two
casinos
Atlantic
New York and two casinos in in Atlantic
City.
He
recently
has
acquired
9.6
City. He recently has acquired 9.6
percent
of
Baily's
30
million
percent of
Bally's
30 million
outstanding shares.
shares.
outstanding
statement issued
issued the
the same
same
In In a a statement
day,
Bally
announced
that
it
has
day, Bally announced that it has
retained
Drexel
Burnham
Lambert,
Inc.
retained Drexel Burnham Lambert, Inc.
explore various
various possibilities
possibili ties for
for the
the
to to explore
restructuring
of
Bally
designed
restructuring of Bally designed to to
enhance longterm
longterm shareholder
shareholder value.
value.
enhance
Bally
said
its
board
of
directors
Bally said its board of directors
adopted
a
shareholder
rights
plan
adopted a shareholder rights plan
intended
to
prevent
accumulations
of
intended to prevent accumulations of
Bally
stock
under
circumstances
wh
ich
Bally stock under circumstances which
could jeopordize
jeopordize Bally's
Baily's Nevada
Nevada and
and
could
1 ew Jersey gaming licenses, to deter
New Jersey gaming licenses, to deter
coercive and
and unfair
unfair takeover attempts,
coercive
takeover attempts,
and
to
encourage
potential acquirers
acquirers
and to encourage potential
to
negotiate
with
Bally
in
advance
to negotiate with Bally in advance
regarding
any
acq
uisition
proposal.
regarding any acquisition proposal.
Bally has
has been
been considering
considering for
for
Bally
some
time
various
possibilities
for
some time various possibilities for
restructuring
or
repositioning
the
restructuring or repositioning the
company. Its
Its board
board has
has considered
considered a a
company.
proposed
shareholder
rights plan
plan
proposed shareholder rights
initially
presented
September
20,
initially presented September 20,
1986.
1986.
In its
its complaint,
complaint, Bally
Bally seeks,
seeks,
In
among
other
relief,
to
en1om
further
among other relief, to enjoin further
pu rchases of
of Bally
Bally stock
stock by
by the
the
purchases
defendants,
and
a
judgment
declaring
defendants, and a judgment declaring
Baily's shareholders
shareholders rights
rights plan
plan to to be
be
Bally's
valid.
valid.
Robert
Mullane,
president,
Robert
Mullane,
president,
chairman,
and
chief
executive
officer
chairman, and chief executive officer
of
Bally
Manufacturing
Corp.
said,
of Bally Manufacturing Corp. said,
"The board
board of
of directors
directors of
of Bally
Bally is is
"The
committed
to
the
goal
of
enhancing
committed to the goal of enhancing
shareholder values.
values. The
The shareholder
shareholder
shareholder
rights plan is intended to ensure that
rights plan is intended to ensure that
any party seeking control of Bally
any
party seeking control of Bally
affords
all shareholders
shareholders fair
fair and
and
affords all
equitable treatment and maximum
equitable treatment and maximum
value for
for their
their shares
shares and
and that
that Bally
Bally
value
stock
will
not
be
accumulated
under
stock will not be accumulated under
circumstances that
that could
could jeopordize
jeopordize
circumstances
Bally's gaming licenses."
Bally's gaming licenses."
Under the
the shareholder
shareholder rights
rights plan,
plan,
Under
ten-year
preferred
stock
purchase
ten-year preferred stock purchase
rights will
will be
be distributed
distributed to to holders
holders
rights
of
record
of
Bally
common
stock
as
of record of Bally common stock as
of
the
close
of
business
on
December
of the close of business on December
17, 1986.
1986.
17,
Jkari Warriors
Warriors that
that the
the decision
decision was
was
Ikari
made to to reopen
reopen in in the
the U.S.
U.S. SNK
SNK had
had
made
an
office
headed
by
Takahito
Yasuki,
an office headed by Takahito Yasuki,
who bought
bought it
it from
from SNK
SNK and
and
who
renamed
it
Romstar.
renamed it Romstar.
The twelve-year-old
twelve-year-old company's
company's first
first
The
game
was
Vanguard,
which
it
licensed
game was Vanguard, which it licensed
the now
now defunct
defunct Centuri.
Centuri. Its
Its most
most
to to the
recent
game
is
Victory
Road,
licensed
recent game is Victory Road, licensed
Tradewest, the
the company
company that
that
to to Tradewest,
licensed
lkari
Warriors
from
SNK
licensed Ikari Warriors from SNK.
"The first
first game
game we
we will
will market
market
"The
under
SNK
will
be
out
in
January,"
under SNK will be out in January,"
noted Jacobs.
Jacobs. "It
"It is is tentatively
tentatively named
named
noted
Bermuda
Triangle."
Bermuda Triangle."
SNK will
will continue
continue to to license
license games,
games,
SNK
and,
like
other
Japanese
companies,
and, like other Japanese companies,
also will
will market
market some
some itself.
itself.
also
SNK's
new
address
and phone
phone
OPENS
OFFICE
SNK's new address and
SNK OPENS U.S. OFFICE
number
are:
246
Sobrante
Way,
SNK, the
the Japanese
Japanese company
company that
that number are: 246 Sobrante Way,
SNK,
Sunnyvale,
CA
94086.
Telephone
has given
given the
the industry
industry such
such hits
hits as as Sunnyvale, CA 94086. Telephone
has
408/ 736-0446; FAX 408/ 736-0446.
lkari
Warriors,
Alpha
Mission,
TNK 408/736-0446; FAX 408/736-0446.
Ikari Warriors, Alpha Mission, TNK
and Vanguard,
Vanguard, has
has opened
opened an
an
3, 3, and
VALLEY BUYS
office
in
the
United
States.
Paul
office in the United States. Paul VALLEY BUYS IDEA,
Jacobs,
an
industry
veteran
with
many
SPONSORS VALLEY
VALLEY CUP
CUP
Jacobs, an industry veteran with many SPONSORS
years
experience,
has
been
named
the
years experience, has been named the
The Valley
Valley Co.
Co. of of Bay
Bay City,
City, Mich.
Mich.
The
executive vice
vice president
president and
and general
general
executive
purchased
the
assets
of
Industrial
manager of
of the
the Sunnyvale,
Sunnyvale, Calif.
Calif. purchased the assets of Industrial
manager
Design Electronic
Electronic Associates
Associates (IDEA)
(IDEA) of
of
Design
company.
company.
Sycamore,
Ill.
on
December
5.
IDEA
According to to Jacobs,
Jacobs, the
the company
company Sycamore, Ill. on December 5. IDEA
According
will no longer exist as a company,
was
so
pleased
wi
th
the
success
of will no longer exist as a company,
was so pleased with the success of
although
the entire
entire staff
staff will
will be
be
although the
retained
as
Valley
employees
involved
retained as Valley employees involved
the manufacture
manufacture of of Valley's
Valley's two
two
in in the
new
electronic
dart
games.
new electronic dart games.
COSMIC
SERIES
Valley and
and IDEA
IDEA worked
worked together
together
Valley
on
the
development
and
on
the
development
and
manufacturing
of
Valley
Cougar
Darts
manufacturing of Valley Cougar Darts
and Valley
Valley Royal
Royal Darts.
Darts. Both
Both games
games
and
will
be
manufactured
in
Sycamore,
Ill.
will be manufactured in Sycamore, Ill.
The
IDEA
line
of
dart
games
will
no
The IDEA line of dart games will no
longer
be
made.
longer be made.
IDEA is is presently
presently involved
involved in
in
IDEA
litigation
which
will
not
affect
Valley.
litigation which will not affect Valley.
During a a special
special press
press conference
conference
During
at
the
AMOA
Expo
'86,
Charles
the
AMOA
Expo
'86,
Charles
at
Paul Jacobs
Jacobs
M
ilhem,
president
of
The
Valley
Paul
Milhem, president of The Valley
SllK
U.S.
IDEA,
December 1986/PLAY
1986/ PlAY METER
METER 7 7
December
NEWS
NEWS
Charles Milhem
Milhem fields
fi elds questions
questions from
from the
the press
press
Charles
after announcing the Valley Cup International
after announcing the Valley Cup
International
dart competition.
dart competition.
Company, announced
announced Valley
Valley support
support
Company,
of the
the AMOA
AMOA National
National Dart
Dart Association
Association
of
and company
company sponsorship
sponsorship of
of an
an
and
international
competition
-
the
Valley
international competition - the Valley
Cup International.
International.
Cup
Valley
introduced
its
first
introduced
its
first
Valley
coin-operated
dart
games
with
coin-operated dart games with
American and
and international-size
international-size targets
targets
American
at
the
A
M
OA
Expo.
Valley
has
been
at the AMOA Expo. Valley has been
successful
promoting
pool
tables
successful promoting pool tables
through its
its Valley
Valley National
National 8-ball
8-ball
through
League Association
Association (VNEA)
(VNEA) and
and would
would
League
like to
to aid
aid the
the development
development and
and
like
growth
of
dart
games
in
the
same
growth of dart games in the same
manner.
manner.
Oates for
fo r the
the Valley
Valley Cup
Cup
Dates
Internati onal are
are set
set for
fo r February
February
International
20-22 at at the
the Hilton
Hilton Hotel
Hotel in in St.
St.
20-22
Petersburg, Fla.
Fla. Participation
Participation in in the
the
Petersburg,
event
is
limited
to
AMOA
Dart
event is limited to AMOA Dart
Association sanctioned
sanctioned players
players through
th rough
Association
their charter
charter holders.
holders. Entries
Entries are
are
their
limited to to the
the first
first 16
16 applications
applications
limited
received.
received.
Playoff tournaments,
tournaments, or
or U.S.
U.S. Team
Team
Playoff
Elimination
Events,
in
men's
singles,
Elimination Events, in men's singles,
women's singles,
singles, and
and mixed
mixed doubles
doubles
women's
will
be
run
by
charter
holders.
will be run by charter holders.
Qualifying players
players will
will compete
compete as
as
Qualifying
individuals
in
the
Florida
international
individuals in the Florida international
finals. Winners
Winners will
will be
be placed
placed on
on the
the
finals.
Valley
U
SA
International
Team
to
Valley USA International Team to
compete
in
Florida
fo
r
the
Valley
Cup
compete in Florida for the Valley Cup
and later
later in in Germany
Germany for
for the
the Lowen
Lowen
and
International
,
the
German
Cup.
The
International, the German Cup. The
German
competition
in
Bingen,
German competition in
Bingen,
Germany is is scheduled
scheduled for
fo r October
October
Germany
1987.
1987.
the Valley
Valley Cup
Cup or
or NSM-Lowen
SM-Lowen
If If the
Cup
is
won
by
the
A
merican
team,
Cup is won by the American team,
the
cup
will
be
held
in
the
U.S.
until
the cup will be held in the U.S. until
the
next
competition.
Valley
wi ll
the next competition. Valley will
PLAY METER/December
METER/ Decem ber 1986
1986
8 8 PLAY
provide air
air transportation
transportation to
to Germany
Germany
provide
for
the
N
SM-Lowen
Cup;
'SM
will
for the NSM-Lowen Cup; NSM will
provide
lodging.
Valley
will
provide
provide lodging. Valley will provide
lodging for
for all
all challengers
challengers in in the
the
lodging
Florida
competition
and
sponsor
Florida competition and sponsor a a
buffet lunch
lunch and
and awards
awards dinner.
dinner. Air
Air
buffet
fare
will
be
handled
by
charter
fare will be handled by charter
holders entering
entering teams.
teams.
holders
For
furth
er
information , and
and to
to
For further information,
obtain
a
Valley
International
a
International
obtain
Valley
Elimination Tournament
Tournament Guide,
Guide, contact
contact
Elimination
Alan
Schafer,
vice
president
of
Alan Schafer, vice president of
marketing,
The
Valley
Co.
,
333
marketing, The Valley Co., 333
Morton St.,
St. , Bay
Bay City,
City, MI
Ml 48707,
48707,
Morton
(51
7)
892-4536.
(517) 892-4536.
ACME '87
'87 OFFERS
OFFERS
ACME
EDUCATIONAL PROGRAMS
PROGRAMS
EDUCATIONAL
The 1987
1987 American
American Coin
Coin Machine
Machine
The
Exposition
(ACME),
to
be
held
March
Exposition (ACME), to be held March
20-22
at
the
Rivergate
in
New
20-22 at the Rivergate in New
Orleans
has
scheduled
nearly
40
Orleans has scheduled nearly 40
hours
of
educational
programming
hours of educational programming
including four
four free
free Open
Open Forums
Forums and
and
including
a
special
two-day,
six-hour
Advanced
a special two-day, six-hour Advanced
Technical Session.
Session.
Technical
The
Advanced
Technical Session,
Session , a a
The Advanced Technical
first
in
coin-op
trade
events,
will be
be
first in coin-op trade events, will
divided
into
Comprehensive
divided
into
Comprehensive
Troubleshooting Parts
Parts I I and
and II, II , and
and
Troubleshooting
will
be
an
in-depth,
hands-on
look
will be an in-depth, hands-on look at at
all
aspects of
of repairs
repairs
and
all
and
aspects
troubleshooting
techniques.
The
fee
troubleshooting techniques. The fee
for
pre-registered
attendees
is
$50
for pre-registered attendees is $50
per
per
and
and
session or
or $100
$I 00 for
for
session
II.
All
educational
II. All educational
both Parts
Parts I I
both
sessions
will
sessions will
held in in the
the Rivergate
Rivergate Exhibition
Exhibition
be be held
Center.
Center.
ACME '87
'87 seminar
seminar coordinator
coordinator
ACME
Valerie
Cognevich
commented,
"There
Valerie Cognevich commented, "There
was
a
clear
indication
from
the
ACME
was a clear indication from the ACME
'86
seminar
evaluation
forms
that
'86 seminar evaluation forms that
there
is
a
definite
need
for
additional
there is a definite need for additional
and more
more advanced
advanced technical
technical training
training
and
among
operators
and
technicians.
among operators and technicians.
"In a a continual
continual effort
effort to
to maintain
maintain
"In
ACME's
position
as
the
leading
ACME's position as the leading
educational
forum
for
the
for
forum
educational
the
coin -operated entertainment industry,
coin-operated entertainment industry,
we've responded
responded with
with this
this unique
unique
we've
session
that
addresses
a
multitude
of
session that addresses a multitude of
technical
subjects.
Operators
should
technical subjects. Operators should
take advantage
advantage of
of this
this special
special
take
technical
training
not
available
not
available
technical training
anywhere
else."
e else."
anywher
Widely
discussed topics
topics in in the
the
Widely discussed
industry
today
will
be
featured
in
the
industry today will be featured in the
educational
sessions,
including
educational
sessions,
including
technical ,
managerial,
legislative,
technical,
legislative,
managerial,
financial , and
and marketing
marketing trends.
trends. The
The
financial,
cost
for
this
portion
of
the
program
cost for this portion of the program
for pre-registered
pre- registered attendees
attendees is is $20
$20
for
per
session
or
three
sessions
for
$50.
per session or three sessions for $50.
The open
open forums
forum s include
include a a Firing
Firing
The
Linc
Panel
for
both
pinball
and
video
Line Panel for both pinball and video
composed
of
manufacturers,
operators,
composed of manufacturers, operators,
and distributors.
distributors. Standardization
Standardization will
will
and
be
the
focu
s
of
another
open
forum
be the focus of another open forum, ,
with moderator
moderator Todd
Todd Erickson
Erickson of
of
with
Car
R
ENV c E os
ron
DENVER
A Colorado Game Exchange group traveled to Baily's Grand Hotel , Las Vegas, in October tor a trip
A Colorado Game Exchange group traveled to Bally's Grand Hotel, Las Vegas, in October for a trip
won during a promotional campaign this past suummer. l.eft to righ_t arc : front row-- M~rk
won during a promotional campaign this past suummer. Left to right are: front row -- Mark
Shafncr. Beth Shafner, Myndel Po1.ner, Kim Summers. and Bruce Bauldr1~gc; second_ row-- R~ch
Shafner, Beth Shafner, Myndel Pozner, Kim Summers, and Bruce Bauldridge; second row -- Rich
Babich, Dan Hillman , Sue Hillman , Norm Pozner, Mitch Summers. and _Diane Bauld~1dgc: t1~1rd
Babich, Dan Hillman, Sue Hillman, Norm Pozner, Mitch Summers, and Diane Bauldridge; third
row--Bev Babich Tom Pener and his wife . Dan Sunday,Dean Ernst . and Davul Bouyea. Rich Babich.
row
-- Bev Babich, Tom Petter and his wife, Dan Sunday,Dean Ernst, and David Bouyea. Rich Babich,
company presldent, said operators have asked to "get the next promotion undc':"'ay so they _ca,'.1
company president, said operators have asked to "get the next promotion underway
so they trip
can .
win another
win another trip".

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