| Business Summary | | WMS
Industries
Inc.
designs,
manufactures
and
markets
video
and
reel-spinning
gaming
machines
and
video
lottery
terminals.
Its
gaming
machines
incorporate
secondary
bonus
rounds,
advanced
graphics,
digital
sound
and
engaging
game
themes,
some
of
which
include
popular
songs
and
recognized
trademarks.
Its
gaming
machines
are
installed
in
all
of
the
major
gaming
jurisdictions
in
the
United
States
and
in
numerous
foreign
jurisdictions.
The
Company
is
focused
exclusively
on
the
design,
manufacture
and
marketing
of
video
and
reel-spinning
gaming
machines
and
video
lottery
terminals.
WMS
conducts
its
gaming
machine
business
through
its
subsidiary,
WMS
Gaming
Inc.
The
Company
has
discontinued
its
contract
manufacturing
of
video
games,
with
operations
expected
to
cease
effective
September
30,
2000.
During
fiscal
2000,
the
Company
shuts
down
its
former
pinball
game
design
and
manufacturing
and
cabinet
manufacturing
operations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WMS
Industries
Inc.
is
engaged
in
the
design,
manufacture
and
marketing
of
video
and
reel
spinning
gaming
machines
and
video
lottery
terminals
and
coin-operated
video
games.
For
the
nine
months
ended
3/31/01,
revenues
rose
33%
to
$198
million.
Net
income
from
continuing
operations
fell
1%
to
$31.6
million.
Results
reflect
increased
sales
of
gaming
devices
and
growth
of
the
installed
base
of
MONOPOLY
brand
games,
offset
by
the
absence
of
litigation
reversals. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
65,774;
after
tax
earnings
were
367. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Louis Nicastro, 72 Chairman | $1.7M | Brian Gamache, 41 Pres,
CEO, Director | 254K | Norman Menell, 68 Vice
Chairman | -- | Scott Schweinfurth, 46 CFO,
Exec. VP, Treasurer | 102K | Orrin Edidin, 39 Exec.
VP, Sec., Gen. Counsel | 292K | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|