Tag Archives: wms industries
- Scientific Games completes $5.1 billion Bally’s acquisition
November 25, 2014
Scientific Games completed its $5.1 billion acquisition of slot machine provider Bally Technologies, Inc. on Friday. On Thursday, New York-based lottery system and equipment providers Scientific Games Corp. received a unanimously final regulatory approval from the Nevada Gaming Commission for the merger with Bally Technologies Inc. Following the approval, the...
- Scientific Games completes buyout of WMS Industries
October 22, 2013
10 months after the deal was announced, lottery tech provider and gaming machine supplier Scientific Games has finally completed its buyout of slot machine manufacturer WMS Industries to the tune of $1.5 billion. The two companies initially agreed on a deal back in January that would see the lottery giant...
- Six earnings reports, three beautiful women, one hedgehog
September 1, 2013
Let’s be honest: every three months, gambling firms from all four corners of the globe deluge the industry with earnings reports. Some are great, others… not so much. Sites like this one duly report these figures so readers can decide for themselves whether the info is of any use. Problem...
- Investing The Hard Way: The Bally-SHFL Merger
August 19, 2013
“Its international strength would be of interest as well for an acquirer, who could use SHFL's existing relationships to market their own products in Latin America – and most importantly for any gaming operator – Asia...The best fit here would be Bally Technologies (BYI), who saw less than 14% of...
- WMS shareholders set May 10 meeting to decide on SGMS acquisition
March 20, 2013
Scientific Games Corporation's plan to acquire WMS Industries received a huge boost after the Federal Trade Commission granted the former permission to terminate the waiting period imposed on proposed deal. With that roadblock apparently out of the way, WMS shareholders are expected to convene on May 10 for a special...
- Scientific Games loses $24.7m in Q4, clears WMS acquisition hurdle
March 12, 2013
Lottery tech supplier Scientific Games Corporation (SGMS) reported a net loss of $24.7m in Q4 2012, a significant increase on the $8.5m loss in Q4 2011. Disappointed investors sent the stock tumbling nearly 7% on Tuesday. The company blamed the downturn on $24m of accelerated depreciation on gaming terminals and...
Derik Mooberry: Mass market drives gaming evolution
July 17, 2017
Six earnings reports, three beautiful women, one hedgehog
September 1, 2013
Scientific Games pulls a surprising $762M Q2 revenue
July 25, 2017