Tag Archives: Light & Wonder

DraftKings, Entain, BetMGM, Catena North America, Caesars Sportsbook, Better Collective, Sportradar and White Hat Gaming were among the companies to celebrate victories at last night’s SBC Awards North America 2022 ceremony at Pier Sixty, Manhattan. The prestigious ceremony was hosted by YES Network Yankees Clubhouse reporter Meredith Maravokitz. The winners of the 27 operator, affiliate, supplier and payment and compliance …

SBC is excited to announce that the shortlists for this year’s SBC Awards 2022 ceremony, taking place as part of the SBC Summit Barcelona in September, have now been decided.  The shortlists cap a successful year for Betsson Group, which leads the way with nine nominations, hoping to maintain the Casino Operator of the Year title and dethrone Bet365 in …

OpenBet, the sportsbook division of Light & Wonder, has partnered with Czech lottery operator Sazka to support the latter’s online and mobile wagering operations.  Part of the Allwyn Group – formerly the Sazka Group before its rebrand earlier this year, with Allwyn initially the UK identity of the company – Sazka maintains a Czech market sportsbook holding in Sazkabet. The …

Light & Wonder has confirmed the appointment of Steve Beason as President of Digital and Sports Betting for Scientific Games’ lottery unit.  The appointment sees Beason return to Scientific Games, where he previously served Chief Technology Officer (CTO) of the firm’s Lottery System division between 2005 and 2016. Following his executive tenure at Scientific Games, Beason would serve as a …

Light & Wonder Inc, the new corporate identity of a transformed Scientific Games Corporation (SGC), has outlined to investors its objective of achieving a $1.4 billion EBITDA target by 2025. The 2025 earnings target declared to investors will require Light & Wonder to match a compound annual growth rate (CAGR) of 15%. The Nasdaq technology group, which during Q1 trading …

Entain has extended its contract with Light & Wonder (L&W) through to 2030, continuing to leverage the firm’s retail gaming solution and catalogue of titles.  The contract renewal will see L&W provide Entain with 10,000 gaming terminals, which will be fitted across the international gambling group’s Ladbrokes and Coral high-street licenced betting office (LBO) retail outlets.  Additionally, Entain will also …

Newly established, Light & Wonder the new business entity of Scientific Games Corporation (SGC) has accomplished a major corporate objective by completing the sale of its global lottery unit to private investment fund Brookfield Business Partners for $5.8 billion. Terms on a deal have been finalised, following negotiations between Light & Wonder and Brookfield Partners that began in October 2021. …

Scientific Games Corporation (SGC) has confirmed that it will rebrand its business identity to ‘Light & Wonder’ – to reflect its transformation into a ‘cross-platform’ games supplier for the global gambling sector.  The rebrand was announced as the headline of Scientific Games declaring its full-year 2021 results, in which the Nasdaq gambling technology group achieved a 27% increase in consolidated …