Inside these posts: Slot machine revenue

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.


Slot-maker WMS sees shares fall on 3Q forecast

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 »

WMS Industries shares fall 9% on lower Q3

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 »

Ill. gambling revenue lowest in 10 years

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.

Revenue at Illinois slots down again in 2009

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 »