GGB is committed to providing updated news and analysis on our weekly news site, GGBNews.com.

Sci Games/WMS Merger Cleared

The Federal Trade Commission has waived the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR) to clear the way for the acquisition of slot manufacturer WMS Industries by lottery industry giant Scientific Games.

The clearance allows the $1.5 billion transaction to move to the next phase, which is approval by the shareholders of both companies.

The HSR requires merging companies to file detailed reports with the FTC and the Justice Department to see whether the combination violates antitrust laws. There is a 30-day waiting period (15 days for all-cash transactions) before the merger can be completed. The companies can request the waiting period be terminated early, which will be granted if both antitrust agencies complete their reviews and determine no enforcement action is necessary.

    Recent Feature Articles

  • Always Bet on Engagement

    Social media strategies for gaming in 2023 and beyond

  • Free Play Rules

    Free play has been a primary player reward for casinos, but does it make sense?

  • Old Scams, New Twists

    Can casino operators stay one step ahead of cheaters who use technology to become successful?

  • Shiny New Objects

    Why are electronic table games the hottest target for cheats?

  • Gun Crazy

    With liberalized gun laws, casinos need to be more diligent in detecting weapons.