August 21, 2014 11:31 AM ET

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Company Overview of WMS Gaming Inc.

Company Overview

WMS Gaming Inc. designs, develops, manufactures, and sells video and reel-spinning slot machines, and video lottery terminals. The company also offers video poker gaming machines, as well as provides parts for gaming machines. It sells its products through a network of sales representatives in Australia, the Caribbean/Central America, Europe, South Africa, South America, North America, and Southern Asia. WMS Gaming Inc. was formerly known as Williams Gaming and changed its name to WMS Gaming Inc. in 1999. The company was founded in 1991 and is based in Waukegan, Illinois with additional offices in Australia, Italy, Holland, South Africa, Spain, Argentina, Macau, and the United Kingdom. WMS G...

800 South Northpoint Boulevard

Waukegan, IL 60085

United States

Founded in 1991

Phone:

847-785-3000

Fax:

847-785-3058

Key Executives for WMS Gaming Inc.

Chairman
Age: 56
President and Chief Operating Officer
Age: 50
Vice President and Controller
Age: 56
President of Wms Industries Inc
Age: 52
President of WMS International
Age: 55
Compensation as of Fiscal Year 2014.

WMS Gaming Inc. Key Developments

Scientific Games Corporation Appoints Deron Hunsberger as Senior Vice President, North America Sales, WMS Gaming

Scientific Games Corporation announced the appointment of Deron Hunsberger as Senior Vice President, North America Sales, WMS Gaming. In his new role, Mr. Hunsberger will lead sales, participation and leasing, sales support, and marketing for the WMS Gaming business throughout the United States and Canada. Mr. Hunsberger will lead the WMS team's focus on developing the WMS sales and marketing strategies that meet the needs of gaming customers. Mr. Hunsberger is a talented leader in the gaming industry with more than 20 years of sales and marketing experience. He served as Senior Vice President of Sales, Americas at SHFL entertainment Inc., now Bally Technologies Inc., from 2011 to July 2014 after joining the company as Vice President of Sales and Marketing, North America in 2010.

MGT Capital Investments Provides Update on Patent Infringement Action

MGT Capital Investments Inc. was informed on April 23, 2014, that the United States Court of Appeals for the Federal Circuit ruled on a Petition for Writ of Mandamus, sought by WMS Gaming Inc., a defendant in one of MGT's patent infringement lawsuits. Mandamus was granted, thereby vacating the decision of the United States District Court for the Southern District of Mississippi that denied a motion by WMS to transfer the case to the United States District Court for the Northern District of Illinois. As a consequence, this case will be moved to Illinois. April 23, 2014 decision does not impact MGT's ongoing action in Mississippi against Aruze Gaming Inc. As previously disclosed, a Markman Hearing (also known as a claims construction hearing) has been scheduled in that case for September 25, 2014 in Jackson, MS. Moreover, April 23, 2014 decision has no bearing with respect to the merits of the company's allegations in any of its patent infringement lawsuits.

MGT Gaming Provides Litigation Update

MGT Capital Investments, Inc. announced that the U.S. District Court for the Southern District of Mississippi has issued an Order setting the timeline for electronic discovery and the Claim Construction Hearing in MGT Gaming's patent infringement lawsuit. Originally filed as one lawsuit on November 2, 2012, the lawsuit has been split into three separate cases as follows: 1) MGT Gaming, Inc. v. WMS Gaming, Inc. et al, case number 3:13-cv-00691-CWR-FKB; 2) MGT Gaming, Inc. v. WMS Gaming, Inc. et al, case number 3:13-cv-00692-CWR-FKB; 3) MGT Gaming, Inc. v. Aruze Gaming America, Inc. et al, case number 3:13-cv-00693-CWR-FKB. The previously announced June 5, 2014 Claim Construction Hearing date has been changed as all parties to the litigation agreed with the Court to allow sufficient time for fulsome discovery. MGT Gaming recently filed its Infringement Contentions for both the 7,892,088 and 8,500,554 Patents.

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