WMS Gaming gets OK in Mississippi

August 13, 2002 12:12 PM
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WMS Gaming Inc., will soon be delivering its Leprechaun Gold slot machine into Mississippi, the first new WMS game to be approved in that state in ten months.

Mississippi regulators recently approved the game, and opened the door for the submission of more WMS games for approval.

This approval of Leprechaun Gold follows the successful upgrade of all WMS gaming devices in Mississippi to the 2.57 version of its operating system software, which was completed by June 30, 2002.

This upgraded operating system software had successfully completed a field test prior to Mississippi regulators approving its statewide implementation.

WMS also made a similar submission of its version 2.57 operating system software to the Nevada Gaming Control Board, which has provided a preliminary lab approval allowing WMS to commence a field trial in the state. The Nevada field trial is under way and should be completed later this month.

"The Mississippi Gaming Commission’s approval of version 2.57 of our operating system software and Leprechaun Gold represent important milestones in the progress of our technology improvement plan," stated Brian R. Gamache, President and Chief Executive Officer. "While this is the first demonstration of the long-term success we look to achieve from the technology improvement plan, it is reflective of the fact that, to date, we have met all of our internal deadlines for upgrades and installations and have received anticipated regulatory approvals on schedule.

"Our version 2.57 software upgrade has proven to be stable in Mississippi, performing very well in all of the casinos throughout the state," Gamache continued. "We look at this news as very positive and we believe this signals a return to our ability to sell games and conversion kits in Mississippi and hopefully soon in other jurisdictions."

Under the plan, the version 2.57 operating system software upgrade will be followed this winter by a version 2.59 upgrade with additional features and functionality that should allow WMS to be competitive in the conversion business.

WMS’s mid-term plan will integrate a new platform and operating system being designed by Sierra Design Group into its gaming machines. Sierra Design’s new, independently developed, proprietary circuit board and operating system is expected to provide WMS customers with a fully featured product, to be implemented in WMS’ new gaming machines or be retrofitted into the Design’s new, independently developed, proprietary circuit board and operating system is expected to provide WMS customers with a fully featured product, to be implemented in WMS’ new gaming machines or be retrofitted into the company’s existing installed base of over 50,000 games.

WMS expects to launch products using this proprietary platform and operating system in new gaming devices beginning in summer 2003, conditioned upon receipt of regulatory approvals. On a longer-term basis WMS is working on the development of a next generation technology platform.