Sunday, May 19, 2024

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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.
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Light & Wonder’s Matt Wilson sees a strong rebound in Asia driving further growth

Light & Wonder’s CEO Matt Wilson breaks down the company’s Asia strategy, core concentrations, growth areas and most exciting avenues. While remaining confident in its tried-and-true products, the company is also doubling down on its three main segments – with expectations for growth across all fronts.

Matt Wilson named Light & Wonder President and CEO

Light & Wonder announced that its Board of Directors has named Matt Wilson as President and Chief Executive Officer and a member of the Company’s Board of Directors, effective immediately. 

Matt Wilson named L&W interim CEO, Barry Cottle steps down

Light & Wonder appointed EVP and Group Chief Executive of Gaming, Matt Wilson, interim CEO as previous President and Chief Executive Officer, Barry Cottle, steps down to consultant’s role.

Light & Wonder profit up 220% in 4Q23, growth across all business segments

Gaming giant Light & Wonder has announced that the group saw a 220 percent increase in profits during the fourth quarter of 2023, topping $67 million, as revenue rose by 13 percent to $770 million.

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.

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 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).

Light & Wonder revenue up 20 percent y-on-y in 2Q23

Casino gaming technology provider Light & Wonder managed a ninth consecutive quarter of consolidated revenue growth year-over-year, with a 20 percent rise in the...