Sunday, May 12, 2024

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Light & Wonder’s 2025 $1.4B EBITDA target challenging: Deutsche Bank

Deutsche Bank notes that achieving Light & Wonder's 2025 $1.4 billion adjusted EBITDA target will be a challenging task, as their forecast indicates the figure is 'well below' the goals articulated by management.

Light & Wonder signs deal with Loto-Québec

Light & Wonder announced that will make its Québec market arrival in 2024 providing Video Lottery Terminals to Loto-Québec.

Michael Marchetti appointed to the board of Light & Wonder

Gaming equipment and services group Light & Wonder has announced the appointment of Michael Marchetti to the Board of Directors.

Aristocrat, eBet, IGT, and Light & Wonder granted conditional approval to lead cashless gaming trial in NSW next year

Aristocrat, eBet, IGT, and Light & Wonder have received conditional approval to lead a cashless gaming trial in 2024, according to the Gaming Technologies Association (GTA).

Light & Wonder launches a new slot game nubbed Lightning Tiger

Light & Wonder, Inc. has announced the launch of its newest hit Lightning Tiger™, from specialist slot provider Lightning Box, one of Light & Wonder’s in-house studios.

Light & Wonder continues steady growth in 3Q23

Light & Wonder, Inc. gaming revenue increased 11 percent in the third quarter of this year compared to the prior year period to $465 million, primarily due to continued momentum in gaming machine sales, the group revealed.

Light & Wonder completes acquisition of remaining public shares of SciPlay

Light & Wonder, Inc. has announced that it has completed its previously scheduled acquisition of the remaining 17 percent equity interest in SciPlay Corporation for $22.95 per share in cash.

Light & Wonder agrees four-year platform extension with ReelPlay

Light & Wonder, Inc. has agreed a four-year deal with trusted and innovative slots studio ReelPlay to continue delivering its games to operators in North America and the rest of the world.

Light & Wonder to unveil Squid Game slot at G2E

Light & Wonder, Inc. announced it will debut its brand new Squid Game slot machine within its Global Gaming Expo (G2E).

Your Daily Asia Gaming eBrief: Light & Wonder confident in Asia rebound: Matt Wilson

What a wonderful world. That's exactly the outlook of the CEO of gaming giant Light & Wonder, who lauds Asia's return to success, with high expectations for continued growth. Matt Wilson points to potential in the Philippines, also leveraged by its secondary listing on the ASX, with no worries the company will get out of touch with its consumer base, as it continually innovates.