Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Piskovitz Vivian
 2. Date of Event Requiring Statement (Month/Day/Year)
06/26/2008		 3. Issuer Name and Ticker or Trading Symbol
BALLY TECHNOLOGIES, INC. [BYI]
(Last)
(First)
(Middle)
6601 S. BERMUDA ROAD		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP & General Manager
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

LAS VEGAS, NV 89119		 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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, par value $.10 per share 3,505 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)   (2) 08/12/2013 Common Stock, par value $.10 per share 5,000 $ 21.53 D  
Employee Stock Option (right to buy)   (3) 08/24/2015 Common Stock, par value $.10 per share 5,000 $ 12.07 D  
Employee Stock Option (right to buy)   (2) 08/17/2014 Common Stock, par value $.10 per share 5,000 $ 13.86 D  
Employee Stock Option (right to buy)   (4) 10/25/2016 Common Stock, par value $.10 per share 6,000 $ 19.47 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Piskovitz Vivian
6601 S. BERMUDA ROAD
LAS VEGAS, NV 89119		       VP & General Manager  

Signatures

/s/ Mark Lerner, as attorney-in-fact 07/18/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) 3,000 of such shares represent shares of restricted stock that vest in three equal annual installments commencing on April 14, 2009.
(2) The options are fully vested.
(3) The options vest as follows: (i) 1,666 on 08/24/2006, (ii) 1,666 on 08/24/2007 and (iii) 1,668 on 08/24/2008.
(4) The options vest in four equal annual installments commencing on 10/25/2007.

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