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LNW - Light & Wonder acquires House Advantage assets
Light & Wonder Inc.
Light & Wonder ( NASDAQ: LNW ) said Thursday it acquired substantially all assets of House Advantage, which develops loyalty solutions for the gaming and hospitality industries, in a cash deal.
Terms were not disclosed.
The deal enhances LNW's systems business with differentiated omnichannel player loyalty solutions.
LNW named House Advantage founder and CEO Jon Wolfe as SVP and president, Global Systems and Services. Approx. 20 other House Advantage employees will join LNW.