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Bally shares rose 9 percent to a record high as investors bet on the broader reach and offerings that the deal is expected to provide.While Bally primarily makes slot machines, SHFL offers automatic card shufflers, chip sorters and electronic table games such as Let It Ride, Three Card Poker, Blackjack Switch, and Casino War."From a strategic standpoint, we like the combination of mostly non competitive business lines that include moncler officiel unique technologies and patents from both companies," Sterne Agee Leach analyst David Bain wrote in a note.Bally's offer of $23.25 per share in cash represents a 24 percent premium to SHFL's Monday close.Several Asian countries, trying to emulate the success of the world's moncler gamme rouge largest gambling destination Macau, chaussure moncler are building casino doudounes moncler doudoune moncler pas moncler shop cher femmes resorts to lure high spending tourists and attract investment,discount ugg boots.Taiwan plans to allow casinos to set up shop on offshore islands and moncler veste the Philippines is developing four large casino resorts. South Korea is also moncler montgenevre implementing plans to develop casino resorts.Australia contributed 36 percent to SHFL's total sales in 2012, while Asia contributed 11 percent. Contribution of 44 percent.In contrast, Bally gets 81 percent of its total revenue moncler montgenevre from the United States,black ugg boots."Australia is a large market for gaming equipment and Bally has almost boutique moncler paris no exposure to it," BMO Capital Markets analyst Edward blouson moncler homme Williams said.With the deal, Bally's international sales would grow to 24 percent from 16 percent.SHFL shares rose 21 percent to $22.76 on the Nasdaq, and touched $22.84, their highest in more than six years.Bally shares rose 9 percent to $66.13.SECOND DEAL THIS YEARThe deal marks the latest in an industry scrambling to serve a growing appetite for gambling among wealthy individuals in Asia.Macau, the world's largest casino market and the only place in China where visitors are legally moncler maya able to gamble, generated $38 billion in annual gambling revenue in 2012, up 13.5 percent from a year earlier.Tuesday's deal is the biggest for Bally Technologies since its $200 million acquisition of Bally Gaming International Inc in 1996.Bally, which was founded as a pinball manufacturer in Depression era Chicago, said the deal is expected to start adding to its earnings per share and free cash flow within a year of closing.The acquisition, which includes the assumption of $8 million of debt, is expected to close by the second quarter of 2014, Bally said.Bally also forecast earnings of between $3.70 and $4.05 per share, excluding acquisition costs, for the year ending June 2014.