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WMS Industries Fundamentals < Back Next >
What does the company do?
WMS Industries Inc. (WMS) is a global provider of gaming products to the legalized gaming industry. WMS designs, manufactures and distributes gaming machines and video lottery terminals (VLTs). The Company also derives revenue from the sale of spare parts, conversion kits, amusement-with-prize (AWP) gaming machines, and from licensing its gaming themes (games) and other intellectual property to third parties. As of June 30, 2007, its primary manufacturing facility was located in the United States, with development or distribution offices in the United States, Argentina, Australia, China, Italy, South Africa, Spain and the United Kingdom. On July 13, 2006, WMS acquired Orion Financement Company, a Netherlands-based holding company that designs, manufactures and distributes casino-based gaming machines and amusement-with-prize (AWP) gaming machines. On July 19, 2007, it completed the acquisition Systems in Progress GmbH.