- Gaming operations revenues increased $8.0 million on a year-over-year basis and $1.6 million on a quarterly sequential basis to $72.7 million, primarily reflecting continued interactive products and services revenue growth, as well as growth in the installed participation base, which was 342 gaming machines higher at December 31, 2012 than at December 31, 2011.
- Cash flow provided by operating activities for the six months ended December 31, 2012, was $71.2 million, a year-over-year increase of $5.5 million or 8%.
- During the quarter, Jackpot Party® Social Casino, the fourth most-popular casino game on Facebook® as measured by number of daily active users, generated continued revenue growth, averaging more than $100,000 a day in revenues after the Facebook payment processing fee, primarily due to higher monetization rates and higher average daily payments by paying players.
- Jackpot Party Social Casino was launched on the Apple® iOS on the iPhone® during December. As a native application on iOS available in the Apple iTunes Store®, the app quickly became among the top ten largest grossing casino game apps on the iPhone from Apple.
- WMS was selected by the Western Canada Lotteries Corporation to replace existing VLT units throughout the province of Saskatchewan, adding to its previous selection by the Alberta Liquor and Gaming Commission and Manitoba Lotteries Corporation to participate in their VLT replacement initiatives.
- In the December quarter, WMS agreed to make its library of classic slot gaming content available to the British Columbia Lottery Corporation for its online casino.
- In the December 2012 quarter, WMS’ innovative new My Poker® video poker dedicated gaming machines were introduced at casinos in several regional locations.
|Three Months Ended December 31,||Increase/(Decrease)|
|Product Sales Revenues:|
|New gaming machine sales revenues||$||75.6||$||79.1||$||(3.5||)||(4.4||)|
|Other product sales revenues||9.2||18.4||(9.2||)||(50.0||)|
|Total product sales revenues||$||84.8||$||97.5||$||(12.7||)||(13.0||)|
|Average sales price per new unit||$||15,558||$||16,325||$||(767||)||(4.7||)|
|New unit shipments to the U.S. and Canada||2,778||2,759||19||0.7|
|New unit shipments to International markets||2,080||2,087||(7||)||(0.3||)|
|Total new units on which revenue was recognized||4,858||4,846||12||0.2|
|Used unit shipments||924||1,575||(651||)||(41.3||)|
|Total unit shipments||5,782||6,421||(639||)||(10.0||)|
|Conversion kit unit sales||1,390||5,000||(3,610||)||(72.2||)|
|Cost of product sales||$||43.2||$||48.7||$||(5.5||)||(11.3||)|
|Gaming Operations Revenues:|
|Interactive products and services revenues||13.0||1.2||11.8||nm|
|Other gaming operations revenues||5.1||5.1||—||—|
|Total gaming operations revenues||$||72.7||$||64.7||$||8.0||12.4|
|Installed base of participation units at period end||9,624||9,282||342||3.7|
|Average installed participation units||9,281||9,376||(95||)||(1.0||)|
|Average daily revenue per participation unit||$||63.89||$||67.62||$||(3.73||)||(5.5||)|
|Cost of gaming operations||$||13.7||$||14.4||$||(0.7||)||(4.9||)|