Category: Slots Au


Scientific Games Corp. Buying WMS to Create Major Lottery, Slot Brand

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12th February

Scientific Games Corp. Buying WMS to Create Major Lottery, Slot Brand

We have a winner if you bet that the $1.5 billion acquisition of slot machine manufacturer WMS Industries by Scientific Games Corporation would increase New York-based Scientific’s street cred on Wall Street, please step forward: ding ding ding! The buyout is expected to bring both WMS and Scientific Games in the community of $100 million in complementary cost-savings between the two merged companies, and that’s making investors’ ears perk up.

Lottery Meets Slots

Scientific has been on the lookout for the video slot maker for awhile now; the company provides lottery systems while the equipment to perform the same to a lot of American states, Canadian provinces as well as some foreign nations. Don’t depend on Nevada being one of those though; not gonna happen.

For WMS stockholders, life is … Read More »