Tag Archives: Light & Wonder

Four B2B gaming suppliers have been chosen by the New South Wales (NSW) government to participate in the next round of trials of cashless gaming across the state. Gaming Technologies Association (GTA) members Aristocrat Leisure, eBet, International Game Technology (IGT) and Light & Wonder will participate in the trial, which will see cashless gaming tested at 4,500 electronic gaming machines …

Flows has partnered with Light & Wonder to power the cross-platform global games company’s latest marketing jackpot feature. The deal aims to expedite the delivery of key features and applications, orchestrating multifaceted data points from diverse systems, optimising go-to-market strategies, and minimising developmental time and operational expenses.  It will be available to its global operator network following the product’s upcoming …

Targeting an enhanced profile for its Australian gaming operation, Light & Wonder (L&W) is mulling the pros and cons of a listing on the ASX.  The listing would serve as secondary to the firm’s primary public trading on the US Nasdaq exchange, with the explicit goal of supporting its Australian growth plans. L&W detailed that its Board of Directors ‘has …

Scientific Games has announced the appointment of Mona Garland as Chief Human Resources Officer (CHRO) of the lottery technology and systems supplier. Garland will steer the new global HR strategy of Scientific Games, following the firm’s sell-off from Light & Wonder which saw the lottery tech group become an asset of Canadian private equity fund Brookfield Partners. The board of …

Light & Wonder has confirmed the promotion of Matt Wilson as President and Chief Executive (CEO) of the Global Nasdaq online gambling technology group. Wilson has served as interim CEO of Light & Wonder since August, as the group entered a leadership transition following the departure of Barry Cottle. The board of Light & Wonder has determined Wilson to be …

Light & Wonder Inc has entered a definitive agreement wot acquire all assets of gambling loyalty and retention solutions supplier House Advantage LLC to advance its “cross-platform ambitions”. Founded in 2004, House Advantage is a Las Vegas and India-based studio that develops customised loyalty solutions for gambling, hospitality and leisure industries cbuilt by its proprietary ‘HALo Platform’. House Advantage collects …

The sale of Light & Wonder’s (L&W) sportsbook business OpenBet has been finalised, as Endeavour Group Holdings takes control of the brand for $800m. Terms of the contract will see Endeavour pay $750m in cash, subject to customary adjustments, in addition to 2.3m shares of Class A common stock.  L&W states that it is poised to ‘unlock tremendous value’ following …

Light & Wonder Inc (formerly Scientific Games Corp) has confirmed that Barry Cottle has resigned as Chief Executive and a board member of the Nasdaq cross-platform games supplier. The board of L&W has begun a search process to find Cottle’s successor, as long-term senior executive Matt Wilson takes charge of the day-to-day leadership of L&W as Interim CEO. The former …

Igaming software developer Swintt has appointed David Mann to head the company as CEO, stepping up from his current position as Chief Commercial Officer (CCO). Mann will replace David Flynn, who is taking a step back from Swintt to focus on his responsibilities as CEO of Malta-based parent company Glitnor Group, but he will retain a position on the board.  …

Light & Wonder Inc has cited confidence in achieving its long-term financial objectives as the Nasdaq technology group continues to benefit from its ongoing corporate transformation.    Publishing its Q2 trading results, Light & Wonder (formerly Scientific Games Corporation) generated $610m from ‘continued business units’ – up 5% on corresponding 2021 results of $580m. Q2 trading saw Light & Wonder complete …