LIGHT & WONDER


Associated tags: Culture, Light & Wonder, Science, Reg, Creativity, Entertainment, Electronic Games, Software, Online, Mobile Entertainment, ASX, Casino, Gaming, General Entertainment

Locations: CALIFORNIA, CANADA, PENNSYLVANIA, US, TEXAS, NEW YORK, NY, USA, ONTARIO, BRAGG, UNITED STATES, NORTH AMERICA, NEVADA, AUSTRALIA, ASIA

Light & Wonder to Webcast Investor Presentation at Australasian Gaming Expo

Retrieved on: 
Monday, July 24, 2023
Electronic Games, Technology, Entertainment, Online, Software, General Entertainment, Networks, Internet, Data Management, Webcast, ASX, Cryptocurrency, Management

Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W,” or the “Company”) announced today that Matt Wilson, President and CEO, along with other members of senior management, will be hosting a presentation at the Australasian Gaming Expo (“AGE”) in Sydney on Wednesday, August 16, 2023, at 8:00 a.m. Australian Eastern Standard Time.

Key Points: 
  • Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W,” or the “Company”) announced today that Matt Wilson, President and CEO, along with other members of senior management, will be hosting a presentation at the Australasian Gaming Expo (“AGE”) in Sydney on Wednesday, August 16, 2023, at 8:00 a.m. Australian Eastern Standard Time.
  • The webcast will be available live and for replay.

Light & Wonder to Report Second Quarter 2023 Results on Tuesday, August 8, 2023

Retrieved on: 
Wednesday, July 12, 2023
Software, Data Management, Online, Consumer Electronics, General Entertainment, Technology, Electronic Games, Entertainment, Webcast, PIN, ASX, Communications satellite

Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”), announced today it will release its financial results for the second quarter of 2023 on Tuesday, August 8, 2023, after market close.

Key Points: 
  • Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”), announced today it will release its financial results for the second quarter of 2023 on Tuesday, August 8, 2023, after market close.
  • The Company will host an investor conference call and simultaneous webcast the same day at 4:30 p.m. U.S. Eastern Time to discuss the results.
  • A replay of the webcast will be available approximately one hour after the webcast and will be archived on the Company’s website.
  • A telephone replay of the call will be available until Tuesday, August 15, 2023 (U.S. time)

Light & Wonder and Warner Bros. Discovery Global Themed Entertainment Announce Expanded Licensing Deal to Bring Top-Tier Games to Fans Online

Retrieved on: 
Wednesday, July 12, 2023
Licensing (Entertainment), Electronic Games, Online, Casino, Gaming, Entertainment, Chocolate Factory, Partnership, Omnichannel, Light & Wonder, Warner Bros. Discovery, ASX, Multimedia, Element, OF, Wizard, Wonka, Ecosystem, Warner Bros., Charlie and the Chocolate Factory (film), Amusement park, Light

Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries, “Light & Wonder,” “L&W” or the “Company”) has announced an expanded multi-year global licensing partnership with Warner Bros.

Key Points: 
  • Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries, “Light & Wonder,” “L&W” or the “Company”) has announced an expanded multi-year global licensing partnership with Warner Bros.
  • Discovery Global Themed Entertainment (WBDGTE) to create new worlds of play for customers through Light & Wonder’s content aggregation platform.
  • Discovery Global Themed Entertainment, with titles across a range of verticals set to hit regulated markets worldwide through the OPENGAMING™ ecosystem.
  • WILLY WONKA: WORLD OF WONKA will be the first title to be released as part of the expanded licensing agreement.

Light & Wonder Announces CFO Transition

Retrieved on: 
Monday, July 3, 2023
Entertainment, Apps, Applications, Technology, Mobile Entertainment, Software, Networks, Electronic Games, AEBITDA, Interim, BS, University, Senior, Light & Wonder, UCLA Anderson School of Management, JPMorgan Chase, Customer experience, Universal Pictures, Aristocracy (class), Business administration, Interim management, SUNY, Corporation, Corporate finance, CFO, SUNY Polytechnic Institute, Management

The Light & Wonder Board of Directors has initiated a search process to identify the Company’s next CFO and has retained a leading search firm to assist in evaluating both internal and external candidates for the role.

Key Points: 
  • The Light & Wonder Board of Directors has initiated a search process to identify the Company’s next CFO and has retained a leading search firm to assist in evaluating both internal and external candidates for the role.
  • Matt Wilson, Chief Executive Officer of Light & Wonder, said, “Connie has played a key role in advancing Light & Wonder’s cultural and financial transformation, which has led to operational excellence, double-digit growth and a strengthened balance sheet.
  • We have scaled our business, evolved our capital allocation strategy and driven considerable efficiencies that have created a stronger, more flexible Light & Wonder.
  • Light & Wonder also today reaffirmed its target of $1.4 billion consolidated AEBITDA by 20251 provided at its Investor Day on May 17, 2022.

Light & Wonder Enters Into Agreement With Shift4 to Boost Its State-of-the-Art Cashless Gaming Solution

Retrieved on: 
Wednesday, June 7, 2023
Apps, Applications, Technology, Finance, Entertainment, Fintech, Mobile Entertainment, Professional Services, Software, Other Entertainment, Senior, Table, Chickasaw Nation, Multimedia, Atom, PIN, Commerce, NYSE, Video game, Shift4

Light & Wonder, Inc. (NASDAQ: LNW) (together with its subsidiaries “Light & Wonder”), a global leader in casino gaming technology, and Shift4 (NYSE: FOUR), a leader in integrated payments and commerce solutions, today announced an agreement for Shift4 to integrate their payment processing technology into Light & Wonder’s cashless table-top debit solution, AToM.

Key Points: 
  • Light & Wonder, Inc. (NASDAQ: LNW) (together with its subsidiaries “Light & Wonder”), a global leader in casino gaming technology, and Shift4 (NYSE: FOUR), a leader in integrated payments and commerce solutions, today announced an agreement for Shift4 to integrate their payment processing technology into Light & Wonder’s cashless table-top debit solution, AToM.
  • View the full release here: https://www.businesswire.com/news/home/20230607005147/en/
    Shift4 Partners with Light & Wonder (Graphic: Business Wire)
    An easy, point-of-play PIN debit solution, AToM allows players to access funds without leaving the table or handling cash.
  • As a leader in payment processing solutions, Shift4 will integrate its commerce-enabling technology with AToM’s cashless solution to deliver a seamless gaming experience.
  • “Light & Wonder is a leader in cashless solutions for casinos, and Shift4 is excited to enhance the player experience for its customers.

SciPlay Forms Special Committee to Evaluate Non-Binding Acquisition Proposal from Light & Wonder

Retrieved on: 
Thursday, June 8, 2023
Philippine House Special Committee on Flagship Programs and Projects, Light & Wonder, Committee, Disclosure, Comment

The Special Committee has been granted full authority to independently review and evaluate the non-binding proposal that the Board received from Light & Wonder, Inc. (NASDAQ: LNW) ("Light & Wonder") on May 18, 2023, proposing that Light & Wonder acquire the remaining 17% equity interest in SciPlay that it does not already own for $20.00 per share in cash (the "Proposed Transaction").

Key Points: 
  • The Special Committee has been granted full authority to independently review and evaluate the non-binding proposal that the Board received from Light & Wonder, Inc. (NASDAQ: LNW) ("Light & Wonder") on May 18, 2023, proposing that Light & Wonder acquire the remaining 17% equity interest in SciPlay that it does not already own for $20.00 per share in cash (the "Proposed Transaction").
  • The Special Committee has retained Lazard as its financial advisor and Sullivan & Cromwell LLP as its legal counsel in connection with its review and evaluation of the Proposed Transaction.
  • The Company cautions its shareholders and others considering trading in its securities that neither the Board nor the Special Committee has made any decision with respect to the Proposed Transaction.
  • The Company and the Special Committee do not intend to comment further about the Proposed Transaction unless and until they deem further disclosure is appropriate or as required under applicable law.

INTERNATIONAL GAMING STANDARDS ASSOCIATION RECOGNIZES FOUNDING MEMBER, LIGHT & WONDER

Retrieved on: 
Tuesday, May 30, 2023
International, History, Light, GAT, Light & Wonder, Casino

LAS VEGAS, May 30, 2023 /PRNewswire/ -- The International Gaming Standards Association (IGSA) recognizes original founding member, Light & Wonder.

Key Points: 
  • LAS VEGAS, May 30, 2023 /PRNewswire/ -- The International Gaming Standards Association (IGSA) recognizes original founding member, Light & Wonder.
  • "As a founding member of IGSA, Light & Wonder has always been committed to the creation of open industry standards," said IGSA President, Peter DeRaedt as he reflected on their long and steady membership.
  • "I'd like to congratulate IGSA on their 25 Year Anniversary," said Rich Schneider, Chief Product Officer at Light & Wonder.
  • "IGSA has done amazing work in the area of technical standards for our industry over the last 25 years.

Light & Wonder Announces Proposal to Acquire Remaining Public Shares of SciPlay

Retrieved on: 
Thursday, May 18, 2023
Other Entertainment, Casino, Gaming, General Entertainment, Entertainment, Macquarie Group, Sale, LLP, Cravath, Swaine & Moore, Letter, Cyprus Securities and Exchange Commission, Transaction, L&W, Security (finance), Bank, Light & Wonder

The proposed Transaction offers SciPlay’s public shareholders a compelling combination of value, speed and certainty.

Key Points: 
  • The proposed Transaction offers SciPlay’s public shareholders a compelling combination of value, speed and certainty.
  • SciPlay’s public shareholders would receive an immediate and certain premium value for their shares in cash, obtaining liquidity and de-risking their investment in a volatile and uncertain market.
  • Currently, L&W owns approximately 83% of the economic interest and 98% of the voting interest in SciPlay.
  • Should you have any comments or questions regarding our proposal or otherwise, please do not hesitate to contact me.

Light & Wonder Receives Conditional Approval to List Equity on the Australian Securities Exchange

Retrieved on: 
Wednesday, May 17, 2023
Electronic Games, Technology, Entertainment, Online, Audio, Video, Software, Other Entertainment, General Entertainment, Networks, Transfer, CDI, L&W, Light & Wonder, CHESS, AEST, ASX, Australian Securities Exchange, EDT, Form, AST, Book, Rare-earth element, Security (finance)

Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder”, “L&W” or the “Company”) today announced that the Australian Securities Exchange (“ASX”) has conditionally approved the Company’s secondary listing on the ASX.

Key Points: 
  • Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder”, “L&W” or the “Company”) today announced that the Australian Securities Exchange (“ASX”) has conditionally approved the Company’s secondary listing on the ASX.
  • It is anticipated that Light & Wonder will be admitted to the official list of the ASX, as an ASX Foreign Exempt Listing, on Thursday, May 18, 2023 (AEST) (Wednesday, May 17, 2023 (EDT)).
  • The secondary listing and official quotation remain subject to final approval by the ASX.
  • No action is required by existing L&W shareholders who wish to retain their holding as Shares on L&W’s primary NASDAQ listing.