CHICAGO & HOLLYWOOD, Calif.
May 4, 2001

WMS Gaming To Design SURVIVOR Branded Slot Machines for Placement on IGT Wide-Area Progressive System

    WMS Gaming Inc., a subsidiary of WMS Industries Inc. (NYSE: WMS),
announced today that it has secured the North American licensing
rights to develop and market slot machines based on the hit
reality-based television series, SURVIVOR™, from CBS Consumer
Products, the licensing and merchandising division of CBS Enterprises.

    SURVIVOR is the "popular entertainment brand" highlighted in last
week's announcement by WMS Gaming and IGT, a subsidiary of
International Game Technology (NYSE: IGT), detailing their agreement
whereby WMS will design and market slot machines based on this branded
entertainment property, which will be manufactured by IGT and placed
on IGT's MegaJackpots™ wide-area, progressive-linked jackpot
system. Plans call for submitting the game for regulatory approval
within the next nine months. All game placements are subject to
receiving applicable regulatory approvals.

    The SURVIVOR series, which completed its second blockbuster season
last night with SURVIVOR: The Australian Outback, places ordinary
people in a primitive environment where they live off the land and
fend for themselves as members of tribes, while simultaneously
competing in a series of challenges. In each episode, one person is
voted out of the tribe by the others, with the last remaining
"Survivor" winning the grand prize of one million dollars.

    "Hot on the heels of last night's blockbuster season finale of
SURVIVOR, WMS is proud to announce this latest licensing arrangement,"
said Brian R. Gamache, President and Chief Operating Officer of WMS
Industries Inc. "CBS has the number one hit on television with this
show, and we are confident that the built-in base of over 20 million
SURVIVOR fans and viewers will translate into phenomenal player
interest. The SURVIVOR brand is a major addition to our pipeline of
branded titles and further strengthens WMS Gaming's reputation as one
of the top suppliers of premiere, entertainment-based, participation
gaming products. SURVIVOR's incredible broad-based appeal, coupled
with different bonusing and jackpots that are available through IGT's
MegaJackpots™ system, should prove to be a major attraction for
casino patrons."

    "SURVIVOR is one of CBS' top properties, and we're confident that
WMS Gaming will maximize the series' popularity and excitement through
its innovative game design," said Kenneth L. Ross, Vice President CBS
Consumer Products. "The decision to enhance the game with the addition
of IGT's linked jackpot system gives us further indication that the
SURVIVOR branded slot machines will be big blockbusters in casinos,
just as the weekly show has been on television. We look forward to
extending the brand into this exciting and profitable medium."

    The SURVIVOR MegaJackpots™ game represents the first time that
a WMS gaming product will be placed on a wide-area progressive system.
The first SURVIVOR-themed game will utilize IGT's extended-odds
Telnaes patented technology, which IGT has licensed to WMS for the
development of the SURVIVOR game.

    WMS Gaming Inc. is headquartered in Waukegan, IL (847/785-3000)
with its product development center in Chicago and regional offices
serving Las Vegas (702/257-7020), Atlantic City (609/569-0100),
Biloxi, MS (228/396-3711), California (877-WMS-GAME), Denver, CO
(303/216-2945), Kansas City, MO (816/413-8700), Reno, NV
(775/827-6617), Barcelona, Spain (34-93-594-8720), Sydney, Australia
(61-2-9773-0299) and Johannesburg, South Africa (27-11-700-3570).

    WMS Gaming Inc., a subsidiary of WMS Industries Inc., designs,
manufactures and markets video and reel-spinning gaming devices and
video lottery terminals.

    IGT is a world leader in the design, development and manufacture
of microprocessor-based gaming products and software systems in all
jurisdictions where gaming is legal.

    CBS Consumer Products manages the worldwide licensing,
merchandising and video activities for a diverse slate of properties
from CBS Productions and King World Productions, Inc.

    SURVIVOR™ is a registered trademark of CBS.

    MegaJackpots™ is a trademark of International Game Technology.
(c)2001 IGT.

    This press release contains certain forward-looking statements
concerning future business conditions and the outlook for WMS (the
Company), based on currently available information that involve risks
and uncertainties. The Company's actual results could differ
materially from those anticipated in the forward-looking statements as
a result of certain risks and uncertainties, including, without
limitation, the financial strength of the gaming industry, the
expansion of legalized gaming into new markets, legislation and
regulatory changes in existing gaming markets, the development,
introduction and success of new games and new technologies and the
ability to maintain the scheduling of such introductions, the ability
of the Company to qualify for and maintain gaming licenses and
approvals, and other risks more full described under "Risk Factors" in
the Company's Annual Report on Form 10-K and other periodic filings
with the Securities and Exchange Commission.

    CONTACT: WMS Gaming Inc.
             Molly D. Sandberg, Director, Corporate Communications
             847/785-3122
             msandberg@wmsgaming.com
             or
             Jaffoni & Collins Incorporated
             Joseph N. Jaffoni, Richard Land
             212/835-8500
             wms@jcir.com
             or
             CBS
             Naomi Graham
             212/541-0261 or 775/448-8022
             nlgraham@cbs.com