April 12 at 3:45 p.m.
Filed under:
Earnings,
Stock activity,
Updated
By Mary Ellen Podmolik
A machine at the offices of WMS Gaming, located at 3401 N. California in Chicago. (Phil Velasquez/Chicago Tribune)
Shares of Waukegan-based WMS Industries Inc. fell more than 17 percent Tuesday, a day after the slot-machine maker warned that its third-quarter earnings would miss Wall Street expectations.
After the market’s close Monday, WMS said sluggish demand for its slot machines meant it would likely earn 40 cents to 42 cents a share on revenue of $191 million to $193 million for its fiscal third quarter. Analysts surveyed by Bloomberg had predicted the company would earn 52 cents a share. Get the full story »
April 11 at 5:23 p.m.
Filed under:
Manufacturing,
Stock activity
By Reuters
Slot machine maker WMS Industries forecast a weak third quarter that fell short of analysts’ estimates, as demand fell, sending shares down 9 percent after the bell. Get the full story »
Nov. 11, 2010 at 11:31 a.m.
Filed under:
Economy,
Taxes
By Associated Press
Revenue from legalized gambling in Illinois is the lowest it’s been in 10 years. A report from the Legislature’s Commission on Government Forecasting and Accountability found gambling revenue totaled just over $1 billion in the last fiscal year. That’s a 4.5 percent drop from the previous year.
July 27, 2010 at 10:52 a.m.
Filed under:
Entertainment
By Becky Yerak
Illinois gamblers cut back on their slot-machine action in 2009.
In a study released Monday about slot-machine spending in four casino markets, the American Gaming Association said one-armed bandits in Illinois, Las Vegas and Atlantic City, N.J., took in less revenue in 2009 than they did in 2008. Get the full story »
