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In August 2014, Bally agreed to be acquired by Scientific Games (now Light & Wonder), maker of lottery and sports betting equipment, for $3.3 billion plus $1.8 billion in assumed debt. [107] The acquisition was completed on November 21, 2014. [108] Today, Bally constitutes one of the core brands of Light & Wonder. [4]
Many slot machines and video poker machines feature a progressive jackpot. The jackpot increases by a small predetermined amount each time the game is played. Often multiple machines are pooled or linked together to form a larger progressive jackpot which grows more quickly because more non-winning plays can be counted toward it.
Light & Wonder, Inc., formerly Scientific Games Corporation (SG), is an American corporation that provides gambling products and services. The company is headquartered in Las Vegas, Nevada . Light & Wonder's gaming division provides products such as slot machines , table games , shuffling machines , and casino management systems.