Business Services Industry
Waukegan, Ill.-Based Slot Machine Maker Comes Out Swinging with New Games.
Knight Ridder/Tribune Business News, September, 2003
By Rod Smith, Las Vegas Review-Journal Knight Ridder/Tribune Business News
Sep. 10--WMS Industries, once a top slot manufacturer, is poised to punch its way out of semiretirement and into heavyweight contention with new line of machines and upgraded technology.
The Waukegan, Ill.-based company has invested more than $40 million since 2001 developing a new technology platform and slot cabinet, state-of-the-art software and inspection system to monitor the integrity of each slot machine, and new slot content. In addition, it has repurchased $42 million in outstanding shares to increase shareholder yields, President Brian Gamache said.
WMS Gaming, the company's slot-making subsidiary with its marketing division and a warehouse operation...
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