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History of Bally

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Follow us on Twitter: https://twitter.com/MVGMuseum Check out our Livestream on TwitchTV: http://www.twitch.tv/mvgmuseum Work Cited Galecki, Irek. "Slot Machine History." Online Casino Press. "Bally Chief Denies Links With Mafia." The Age, September 18, 1973, p. 10. Wilson, Mark R. Encyclopedia of Chicago. Chicago: Chicago Historical Society, 2005. pinballnews. "Bally is back." Hunter, Stormy, Mike Callahan, Randy Watts, Dave Edwards, and Patrice Eyries. "Bally Album Discography." bsnpubs.com bmigaming. " The History of Pinball Machines and Pintables ." gameroomantiques.com. "BALLY SLOT MACHINES FOR SALE." Infinity Amusements. "Ballyhoo! 1932: Attack of the Clone." TILT.IT. "Baby Pac-Man." The Arcade Flyer Archive. "Mr. & Mrs. Pac-Man."
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Video Transcript

0:05
valley manufacturing later renamed as
0:07
valley entertainment was an american
0:09
company that began as a pinball and slot
0:11
machine manufacturer based in chicago
0:13
illinois the valley manufacturing
0:15
corporation was founded by raymond
0:16
maloney on january 10th of 1932.
0:20
maloney's company was controlled by line
0:22
manufacturing when it first was created
0:24
the reason why maloney made the name
0:26
valley is because the company's first
0:28
game was called ballyhoo
0:31
over time bally would become the leading
0:32
manufacturer of pinball machines
0:35
in the world
0:36
in the late 1930s maloney began making
0:38
gambling equipment during this time
0:40
maloney developed and improved
0:42
mechanical slot machines
0:44
that were the core of the gambling
0:45
universe
0:46
once world war ii broke out valley would
0:49
become a munitions and airplanes park
0:51
manufacturer once the war ended the
0:53
company would go back to making slide
0:55
and pinball machines
0:58
as well as vending machines and coffee
1:00
vending service
1:01
also bally would create a record company
1:03
called valley records
1:05
in 1958 baloney died
1:08
after his death the company struggled to
1:10
manufacture or create anything new
1:13
in 1963 value was bought out by a group
1:16
of investors
1:17
which brought the company out of its
1:19
recession
1:20
during this time period the company
1:22
would control 90 of the manufacturing of
1:24
slot machines around the world in 1964
1:26
bailly created the first electro
1:28
magnetic slot machine which was called
1:30
the money honey
1:32
in 1964 the company went public
1:36
then the company would buy the german
1:37
company gunter wolf and apart by in
1:40
midway manufacturing in 1970 valley wood
1:45
would would go to
1:47
new jersey which just legalized gambling
1:49
in atlantic city
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