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 * DAVID ROBBINS   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 _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 6601 S. BERMUDA ROAD 3. Date of Earliest Transaction (Month/Day/Year) 01/03/2012 (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 01/03/2012   A   6,332 (1) A $ 0 (2) 46,356 (3) D   Common Stock, par value $.10 per share               9,715 (4) I By GRAT 1 Common Stock, par value $.10 per share               76,406 (5) I By GRAT 2 Common Stock, par value $.10 per share               60,000 (5) I By GRAT 3

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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

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
DAVID ROBBINS 6601 S. BERMUDA ROAD LAS VEGAS, NV 89119	X

Signatures

Mark Lerner, attorney-in-fact for: David Robbins		01/05/2012
**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)	Represents restricted stock which vests with respect to 6,332 shares on 1/3/2013.
(2)	Granted as compensation for services.
(3)	The amount of shares directly owned by the reporting person following this transaction has been adjusted to reflect the reporting persons contributions of an aggregate of 136,406 shares of Bally Technologies, Inc. common stock to the David B Robbins GRAT No. 2 and the David B. Robbins GRAT No. 3 and the distribution from the David B. Robbins GRAT No. 1 to the reporting person of 23,300 shares of Bally Technologies, Inc. common stock.
(4)	Excludes 23,300 shares of Bally Technologies, Inc. common stock that were distributed from the David B. Robbins GRAT No. 1 to the reporting person.
(5)	These shares were previously reported as directly beneficially owned by the reporting person but were contributed to the David B Robbins GRAT No. 2 and the David B. Robbins GRAT No. 3 and therefore are now reported as indirectly beneficially owned by the reporting person through such grantor retained annuity trusts.

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