Scientific Games complete acquisition of WMS

Scientific Games confirmed today that their $1.5 Billion takeover of WMS Industries (first announced in January this year) has completed. This now makes Scientific Games one of the larger companies offering services in the lottery, sports betting and gaming machine industries.

The CEO of Scientific Games, A. Lorne Weil, had the following to say: “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.”

This could well signal the start of a major consolidation phase across the gaming industry as companies go on the offensive before they become a target.