Scientific Games Completes Acquisition of WMS

Press Release – Scientific Games Corporation (Nasdaq: SGMS) announced today that it has completed the acquisition of WMS Industries Inc. (NYSE: WMS), combining leading businesses offering lottery games, gaming machines and game content, systems, sports betting technology, and social, mobile and interactive content and services. “We are pleased to announce the successful completion of our merger with WMS,” said A. Lorne Weil, Scientific Games’ Chairman and Chief Executive Officer.  “The acquisition of WMS is transformational for Scientific Games as it creates a leading company in the gaming industry with innovative content, world-class technology and an expansive geographical footprint, able to…

Tentative OK for WMS purchase

Las Vegas Review-Journal – Lottery systems provider Scientific Games received tentative approval Wednesday from the Gaming Control Board to purchase slot machine manufacturer WMS Industries for $1.5 billion. The Nevada Gaming Commission will have a final say on the matter on Sept. 26. Scientific Games is headquartered in New York. It’s largest shareholder is financier Ronald Perelman, who is ranked 26th on the Forbes 400 list of billionaires with a net worth of $12.2 billion. Perelman owns 38 percent of Scientific Games. Perelman, 70, attended the Gaming Control Board meeting but did not take part in the formal presentation. Gaming…