LNW News and Press, Light & Wonder Inc. From 11/09/22

Light & Wonder press release ( NASDAQ: LNW ): Q3 GAAP EPS of $0.14 misses by $0.25 . Revenue of $648M (+20.2% Y/Y) beats by $24.46M . Principal Face Value of Debt Outstanding of $3.9 Billion Translating to Net Debt Leverage Ratio of 3.1x, Squarely i...

Delivered Strong Double-Digit Consolidated Revenue Growth of 20% Year-Over-Year Completed Final Step to Streamline Organization with Sale of Sports Betting Business for Approximately $800 Million in Gross Proceeds Principal Face Value of Debt Outstanding (1...

Summary NeoGames has recently acquired Aspire Global, making it a one-stop shop for iGaming software. The company is expected to grow very fast in the coming years. Debt levels have risen as a result of the acquisition, but aren't problematic. I estimate the company to be ...

Summary Recently, activist Engine Capital has accumulated a stake in SciPlay Corp, urging the company’s parent and majority shareholder Light & Wonder to acquire SCPL's remaining shares. Engine Capital has argued that LNW could complete the acquisition using SCPL’...

Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder” or the “Company”), announced today it will release its financial results for the third quarter ended September 30, 2022 on Wednesday, November 9, 2022, after market close. The Company will host an i...

Company continues to define the next generation of connected, cross-platform play, paving the way for the future of gameplay New high-performing hardware, systems and digital offerings take player attraction and engagement to atmospheric levels Recent acquisition of le...

Light & Wonder ( NASDAQ: LNW ) named Monday Matt Wilson as the company's new president and chief executive officer, effective immediately. Wilson has served as interim CEO since August 2022 and previously served as chief executive officer of the company's gam...

Siobhan Lane Named Chief Executive Officer of Gaming Business Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder,” “L&W” or the “Company”), today announced that its Board of Directors has named Matt Wilson as President a...

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...

Acquisition Enhances Light & Wonder’s Market Leading Systems Business with Differentiated Omnichannel Player Loyalty Solutions House Advantage Founder and CEO Jon Wolfe to Serve as SVP and President, Global Systems and Services at Light & Wonder Ligh...