LNW News and Press, Light & Wonder Inc. From 08/09/23

Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”) today announced that its wholly owned subsidiary, Light and Wonder International, Inc. (“LNWI”), has priced $550.0 million in aggregate principal amount of 7.500% senio...

2023-08-09 09:22:06 ET Light & Wonder ( NASDAQ: LNW ) plans on offering $550 million in senior unsecured notes due 2031 in a private offering through its unit, Light and Wonder International, the company said Wednesday. The net proceeds of the notes offering will be ...

Light & Wonder, Inc. (NASDAQ: LNW) (ASX: LNW) (“Light & Wonder” or the “Company”) today announced that its wholly owned subsidiary, Light and Wonder International, Inc. (“LNWI”), intends, subject to market and other conditions, to offer $550.0 mil...

2023-08-08 23:54:13 ET Light & Wonder, Inc. (LNW) Q2 2023 Earnings Conference Call August 8, 2023 4:30 PM ET Company Participants Nick Zangari – Senior Vice President-Investor Relations Matt Wilson – President and Chief Executive Officer Connie ...

2023-08-08 16:49:50 ET Cross-platform games firm Light & Wonder ( NASDAQ: LNW ) will acquire the remaining 17% stake in digital games developer SciPlay ( SCPL ) for $22.95/share in cash, the companies said on Tuesday. “Our combined balance sh...

2023-08-08 16:49:09 ET Light & Wonder press release ( NASDAQ: LNW ): Q2 GAAP EPS of -$0.01 misses by $0.35 . Revenue of $731M (+19.8% Y/Y) beats by $55.13M . Second quarter consolidated revenue was $731 million compared to $610 million, up 20% compared to t...

Delivered Consolidated Revenue Growth of 20% Year-Over-Year with Double Digit Growth Across all Businesses Nine Consecutive Quarters of Consolidated Revenue Growth Healthy Balance Sheet Position, Strong Cashflow Generation and Continued Deleveraging Profile Com...

Transaction Unifies L&W’s Businesses and Balance Sheet, Accelerates L&W’s Cross-Platform Strategy and Optimizes Investment of Capital SciPlay Shareholders to Receive $22.95 Per Share Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder...

2023-07-29 11:09:10 ET The casino and gaming sector has outperformed the broad market over the last 52 weeks, despite anxiety that ramped up early in 2023 over the impact on consumer discretionary spending of the high interest rate environment and volatile macroeconomic backdrop. Without an...

2023-07-28 13:41:05 ET Summary SciPlay Corporation and its parent Light & Wonder, Inc. might finally recombine following SciPlay’s spinoff in 2019. Light & Wonder has recently proposed to buy the remaining 17% economic stake in SciPlay at $20/share. SciPlay shar...