UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Bally Technologies, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 05874B107 (CUSIP Number) December 31, 2007 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 05874B107 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Highline Capital Management, L.L.C. 13-3929520 2. Check the Appropriate Box if a Member Of a Group (See Instructions) [ ] (a) [ ] (b) 3. SEC Use Only 4. Citizenship or Place of Organization New York, United States 5. Sole Voting Power: 3,118,600 Number of Shares 6. Shared Voting Power: 0 Beneficially Owned by 7. Sole Dispositive Power: 3,118,600 Each Reporting Person With 8. Shared Dispositive Power: 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 3,118,600 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 5.73% 12. Type of Reporting Person (See Instructions) IA CUSIP No. 05874B107 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Jacob Doft 2. Check the Appropriate Box if a Member of a Group (See Instructions) [ ] (a) [ ] (b) 3. SEC Use Only 4. Citizenship or Place of Organization United States 5. Sole Voting Power: 3,118,600 Number of Shares 6. Shared Voting Power: 0 Beneficially Owned by 7. Sole Dispositive Power: 3,118,600 Each Reporting Person With 8. Shared Dispositive Power: 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 3,118,600 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 5.73% 12. Type of Reporting Person (See Instructions) HC Item 1. (a) Issuer: Bally Technologies, Inc. 1. Address: 6601 S. Bermuda Rd. Las Vegas, NV 89119 United States Item 2. (a) Name of Person Filing: Highline Capital Management, L.L.C. Jacob Doft (b) Address of Principal Business Offices: One Rockefeller Plaza, 30th Floor New York, New York 10020 (c) Citizenship: Please refer to Item 4 on each cover sheet for each filing person. (d) Title of Class of Securities Common Stock (e) CUSIP Number: 05874B107 Item 3. Highline Capital Management, L.L.C. is an investment advisor in accordance with ss.240.13d-1(b)(1)(ii)(E). Jacob Doft is a control person in accordance with ss.240.13d-1(b)(1)(ii)(G). Item 4. Ownership Please see Items 5 - 9 and 11 for each cover sheet for each filing separately. Item 5. Ownership of Five Percent or Less of a Class Not Applicable Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not Applicable Item 8. Identification and Classification of Members of the Group Not Applicable Item 9. Notice of Dissolution of Group Not Applicable Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2008 Highline Capital Management, L.L.C. By: /s/ Jacob Doft -------------------------- Name: Jacob Doft Title: CEO By: /s/ Jacob Doft -------------------------- Name: Jacob Doft JOINT FILING AGREEMENT The undersigned hereby agree that the Statement on this Schedule 13G, dated February 13, 2008, (the "Schedule 13G"), with respect to the Common Stock of Bally Technologies, Inc. is filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities and Exchange Act of 1934, as amended, and that this Agreement shall be included as an Exhibit to this Schedule 13G. Each of the undersigned agrees to be responsible for the timely filing of the Schedule 13G, and for the completeness and accuracy of the information concerning itself contained therein. This Agreement may be executed in any number of counterparts, all of which taken together shallconstitute one and the same instrument. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the 13th day of February 2008. Highline Capital Management, L.L.C. By: /s/ Jacob Doft -------------------------- Name: Jacob Doft Title: CEO By: /s/ Jacob Doft -------------------------- Name: Jacob Doft Statement of Control Person The Statement on this Schedule 13G dated February 13, 2008 with respect to the Common Stock of Bally Technologies, Inc. is filed by Jacob Doft in accordance with the provisions of Rule 13d-1(b) and Rule 13d-1(k), respectively,as control person (HC) of Highline Capital Management, L.L.C. Highline Capital Management, L.L.C. files this statement on Schedule 13G in accordance with the provisions of Rule 13d-1(b) and Rule 13d-1(k), respectively, as investment advisor (IA).