Scientific Games Corp. Buying WMS to Create Major Lottery, Slot Brand
In the event executive car rental reviews that you bet that the $1.5 billion acquisition of video slot maker WMS Industries by Scientific Games Corporation would increase New York-based Scientific’s street cred on Wall Street, please move ahead: ding ding ding, we’ve a winner! The buyout is expected to create both WMS and Scientific Games in the neighborhood of $100 million in complementary cost-savings between the two merged companies, and that is making investors’ ears perk up.
Lottery Matches Slots
Scientific happens to be on the lookout for a slot machine game maker for awhile now; the company provides lottery systems therefore the equipment to run the same to a lot of US states, Canadian provinces and also some countries that are foreign. Don’t expect Nevada being one of those though; not gonna happen.
For WMS stockholders, life is great; Scientific Games shelled down [...]