Gaming stocks are in play Friday after Scientific Games SGMS announced the $5.1 billion offer for Bally Technologies BYI. The 38 percent premium will provide traders and investors opportunity in other gaming stocks as industry valuation is reassessed.

The only stock reacting to the news in Friday’s premarket session is International Game Technology IGT. Shares were last trading 1.9 percent higher, suggesting other companies in the space may see a boost.

Other stocks to watch Friday include:

• Multimedia Games Holding MGAM
• Gaming Partners International GPIC

Bally Technology was last trading 33.8 percent higher at $80.50 while Scientific Games shares shot 14.2 percent higher.