[bsa_pro_ad_space id=1 link=same] [bsa_pro_ad_space id=2]

Skip to Content

Supplier News

US – Scientific Games finalises WMS deal

By - 21 October 2013

Scientific Games has completed the acquisition of WMS Industries, combining leading businesses offering lottery games, gaming machines and game content, systems, sports betting technology, and social, mobile and interactive content and services.

WMS was acquired for approximately $1.5bn in cash. In connection with the merger, Scientific Games entered into a new$2.6bn credit facility, consisting of a $2.3bn term loan facility and a $300m  revolving credit facility that was undrawn at closing. The term loan facility was used, in part, to finance the acquisition, to pay off existing indebtedness and to pay fees and expenses relating to the merger and related financing.

A. Lorne Weil, Scientific Games’ Chairman and Chief Executive Officer, said: “We are pleased to announce the successful completion of our merger with WMS. 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 supply an extensive range of products and services to customers throughout the world. We are excited to be able to draw on each organization’s core strengths to offer enhanced capabilities, systems and content. The combined company will provide a broader portfolio of products and services to our customers, offer expanded opportunities for our employees and is poised to deliver meaningful long-term value for our shareholders.”

Share via
Copy link