GAMING

Alliance Gaming Corp. Offers $210 Million for Bally: The Las Vegas-based company’s offer for Bally Gaming International Inc., the nation’s second-largest slot machine maker, tops a previous bid by Chicago-based WMS Industries Inc. Alliance offered $12.50 a share in cash and stock for the stock in Las Vegas-based Bally that it does not already own. It currently owns 500,000 shares, or just under a 5% stake. In April, Bally and WMS announced they had struck a deal that would result in WMS’ acquiring Bally for about $127 million, or about $12 a share. Negotiations have yet to result in a formal agreement, however. Bally Gaming shares jumped $1.625 to $10.50 on Nasdaq, Alliance Gaming added 12.5 cents to $5.25 on the Nasdaq, and WMS rose 75 cents to $20.50 on the New York Stock Exchange.