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 *   Davidson Neil 2. Date of Event Requiring Statement (Month/Day/Year) 05/21/2008 3. Issuer Name and Ticker or Trading Symbol BALLY TECHNOLOGIES, INC. [BYI] (Last) (First) (Middle) 6601 SOUTH 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, CAO 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 11,000 (1) D Â

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)	04/14/2015	Common Stock, par value $.10 per share	8,000	$ 32.62	D	Â
Employee Stock Option (Right to Buy)	  (3)	02/21/2016	Common Stock, par value $.10 per share	20,000	$ 14.99	D	Â
Employee Stock Option (Right to Buy)	  (4)	10/25/2016	Common Stock, par value $.10 per share	9,000	$ 19.47	D	Â
Employee Stock Option (Right to Buy)	  (5)	03/08/2017	Common Stock, par value $.10 per share	5,000	$ 23.47	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Davidson Neil 6601 SOUTH BERMUDA ROAD LAS VEGAS, NV 89119	Â	Â	  VP, CAO	Â

Signatures

/s/ Neil Davidson		05/30/2008
**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)	The restricted stock vests as follows: (i) 500 shares on 02/19/2009; (ii) 6,666 shares on 05/29/2009; (iii) 500 shares on 02/19/2010 and (iv) 3,334 shares on 05/29/2010.
(2)	The options vest in four equal annual installments commencing on 04/14/2009.
(3)	The options vest in four equal annual installments commencing on 02/21/2007.
(4)	The options vest as follows: (i) 750 on 10/25/2007; (ii) 2,750 on 10/25/2008; (iii) 2,750 on 10/25/2009 and (iii) 2,750 on 10/25/2010.
(5)	The options vest in four equal annual installments commencing on 03/08/2008.

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