Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
HADDRILL RICHARD M
  2. Issuer Name and Ticker or Trading Symbol
BALLY TECHNOLOGIES, INC. [BYI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last)
(First)
(Middle)
6601 S. BERMUDA ROAD
3. Date of Earliest Transaction (Month/Day/Year)
09/24/2009
(Street)

LAS VEGAS, NV 89119
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.10 per share 09/24/2009   M   19,000 A $ 13.35 742,404 D  
Common Stock, par value $.10 per share 09/24/2009   S(1)   19,000 D $ 36.6872 (2) 723,404 D  
Common Stock, par value $.10 per share 09/24/2009   M   6,000 A $ 14.77 729,404 D  
Common Stock, par value $.10 per share 09/24/2009   S(1)   6,000 D $ 37.0626 (3) 723,404 D  
Common Stock, par value $.10 per share 09/25/2009   M   25,000 A $ 14.77 748,404 D  
Common Stock, par value $.10 per share 09/25/2009   S(1)   25,000 D $ 36.7612 (4) 723,404 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options (Right to Buy) $ 13.35 09/24/2009   M     19,000   (5) 10/01/2014 Common Stock, par value $.10 per share 19,000 $ 0 (7) 0 D  
Employee Stock Options (Right to Buy) $ 14.77 09/24/2009   M     6,000 06/13/2005(6) 06/13/2015 Common Stock, par value $.10 per share 6,000 $ 0 (7) 29,000 D  
Employee Stock Options (Right to Buy) $ 14.77 09/25/2009   M     25,000 06/13/2005(6) 06/13/2015 Common Stock, par value $.10 per share 25,000 $ 0 (7) 4,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HADDRILL RICHARD M
6601 S. BERMUDA ROAD
LAS VEGAS, NV 89119
  X     Chief Executive Officer  

Signatures

 /s/ Richard M. Haddrill   09/25/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The sales were pursuant to a Rule 10b5-1 Trading Agreement dated May 13, 2009.
(2) This transaction was executed in multiple trades at prices from $36.52 to $36.89. The price above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
(3) This transaction was executed in multiple trades at prices from $36.89 to $37.61. The price above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
(4) This transaction was executed in multiple trades at prices from $36.35 to $37.09. The price above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
(5) The options vested as follows: (i) 200,000 in one-third equal installments on each of October 1, 2005; October 1, 2006; and October 1, 2007 and (ii) 100,000 on October 1, 2007.
(6) The shares underlying the options could not be sold prior to January 1, 2007.
(7) Granted as compensation for services.

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