Las Vegas-based Bally said its profit declined by half in its fourth quarter as the gaming equipment maker absorbed charges related to debt refinancing. Bally reported net income of $25.5 million, or 51 cents a share. Analysts expected 56 cents. That compares with net of $51 million, or 89 cents a share, a year earlier. Bally’s outlook for the current quarter and year fell short of expectations.![]()
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