- Global Access to Premium WMS Video Slot Gaming Content Increases
through Rank’s Interactive Casino and Bingo Offering -
WAUKEGAN, Ill. -- (Business Wire)
Williams
Interactive LLC, a wholly owned subsidiary of WMS
Industries Inc. (NYSE:WMS), announced today that the Company has
entered into a multi-year online content licensing agreement with The
Rank Group Plc., a leading European gaming-based entertainment
company. The group’s online brands, Meccabingo.com and
Grosvenorcasinos.com, will have access to WMS’ online library of
authentic slot games including THE WIZARD OF OZ™, Zeus™, Reel 'Em In®
and Jackpot Party® games.
The WMS video slot content is expected to be available on Meccabingo.com
and Grosvenorcasinos.com before the second half of the year; and is made
possible by the seamless integration with OpenBet’s Remote Gaming
Interface, an integral part of the platform used by Rank’s online casino
websites.
Orrin J. Edidin, President of WMS Industries Inc. and CEO and President
of Williams Interactive LLC, said, "Over the course of the last 75
years, The Rank Group Plc has thrilled millions of people the world
over, building iconic and much-loved entertainment brands in the
process. WMS slot games will further support the continued growth of
Rank and expand its entertainment offering with the launch of our
classic WMS slot games.
“The alliance with The Rank Group Plc is another premier endorsement of
WMS’ online gaming capabilities and demonstrates our growing momentum in
expanding the worldwide audience for our gaming content. I’m confident
that as we bring new levels of excitement and entertainment to its
online communities we will achieve great success together in the years
to come.”
Joe Hine, Head of Commercial at Rank Interactive comments, “We’re
pleased to be able to bring such new and exciting video slots content to
our online players. We continuously strive to keep our product offering
fresh and as a result the user experience both thrilling and
entertaining and we believe that WMS games will do just that.”
About WMS
WMS serves the gaming industry worldwide by designing, manufacturing and
marketing games, video and mechanical reel-spinning gaming machines,
video lottery terminals and in gaming operations, which places leased
participation gaming machines in legal gaming venues. The Company also
develops and markets digital content, products, services and end-to-end
solutions that address global online wagering and interactive social,
casual and mobile gaming opportunities. More information on WMS and
Williams Interactive can be found at www.wms.com
or www.williamsinteractive.com
or visit the Company on Facebook®,
Twitter®
or YouTube®.
About The Rank Group PLC
The Rank Group PLC is a leading European gaming-based entertainment
company headquartered in Great Britain and listed on the London Stock
Exchange. For three-quarters of a century, Rank’s iconic ‘gongman’ has
signified a world of entertainment. From the Company’s origins in motion
pictures to today’s gaming and entertainment brands Rank have sought to
enrich lives by filling them with thrilling experiences. Over the course
of 75 years, our teams have thrilled millions of people the world over,
building iconic and much-loved entertainment brands in the process.
THE WIZARD OF OZ and all related characters and elements are
trademarks of and © Turner Entertainment Co. (s13)
This press release contains forward-looking statements concerning our
future business performance, strategy, outlook, plans, products and
liquidity. Forward-looking statements may be typically identified by
such words as “may,” “will,” “should,” “expect,” “anticipate,” “plan,”
“likely,” “believe,” “estimate,” “continue,” “project,” and “intend,”
among others. These forward-looking statements are subject to risks and
uncertainties that could cause our actual results to differ materially
from the expectations expressed in the forward-looking statements.
Although we believe that the expectations reflected in our
forward-looking statements are reasonable, any or all of our
forward-looking statements may prove to be incorrect. Consequently, no
forward-looking statements may be guaranteed. We undertake no obligation
to update such forward looking statements, all of which are made only as
of this date, March 7, 2013. Factors which could cause our actual
results to differ from those projected or contemplated in any such
forward-looking statements include, but are not limited to, the
following factors: (1) our business may be disrupted while the
acquisition by Scientific Games is pending or if the acquisition is not
consummated as our ability to transact business with customers,
suppliers and other business partners may be adversely affected; (2) in
the event our recently announced acquisition by Scientific Games is not
consummated, the price of our stock may be affected; (3) it may be
difficult for us to retain and recruit employees in vital areas while
the acquisition is pending or if it fails; (4) in connection with the
recent implementation of our enterprise resource planning system, there
is the risk of inaccurate data or reporting and significant design
errors that could have a negative effect on our operating results and
impact our ability to manage our business which could constitute
significant deficiencies; (5) delay or refusal by regulators to approve
our new gaming platforms, cabinet designs, game themes and related
hardware and software; (6) changes in regulations or regulatory
interpretations that may adversely affect existing product placements or
future placements; (7) an inability to introduce in a timely manner new
games and gaming machines that achieve and maintain market acceptance;
(8) a decrease in the desire of casino customers to upgrade gaming
machines or allot floor space to leased or participation games,
resulting in reduced demand for our products; (9) a reduction in capital
spending or interruption in payments by casino customers associated with
business weakness or economic uncertainty that adversely affects our
customers' ability to make purchases or pay; (10) a
greater-than-expected demand for operating leases by customers over
outright product sales or sales financing leases that shift revenue
recognition from a single period to the term of such operating leases;
(11) a reduction in play levels of our participation games by casino
patrons, whether due to economic conditions or increased placements of
competitive product; (12) inability of suppliers of key components to
timely meet our requirements to fulfill customer orders; (13) increased
pricing or promotional competitive activity that adversely affects our
average selling price or product revenues; (14) a failure to obtain and
maintain our gaming licenses and regulatory approvals; (15) failure of
customers or players to adapt to the new technologies that we introduce
in new product concepts; (16) a software anomaly or fraudulent
manipulation of our gaming machines and software; (17) a failure to
obtain the right to use or an inability to adapt to rapid development of
new technologies; (18) an infringement claim seeking to restrict our use
of material technologies; (19) risks of doing business in international
markets, including political and economic instability, terrorist
activity, changes in importation and repatriation regulations such as
currently experienced in Argentina, and foreign currency fluctuations;
and (20) the unfavorable outcome of any legal proceedings in which we
may be involved from time to time. These factors and other factors that
could cause actual results to differ from expectations are more fully
described under “Item 1. Business”, “Item 1A. Risk Factors” and “Legal
Proceedings” in our Annual Report on Form 10-K for the year ended June
30, 2012, and our more recent reports filed with the U.S. Securities and
Exchange Commission.
Contacts:
FOR WMS:
Investors
WMS Industries Inc.
William
H. Pfund, 847-785-3167
VP Investor Relations
bpfund@wms.com
or
JCIR
Joseph
N. Jaffoni or Richard Land
212-835-8500
wms@jcir.com
or
Media
WMS
Industries Inc.
Mollie Cole, 773-961-1194
Director,
Communications
mcole@wms.com
or
FOR
The Rank Group PLC:
The Rank Group Plc
Amy Culora, +44
7714 837120
Communications Manager
Amy.Culora@rank.com
Source: WMS Industries Inc.
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