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Gambling News - 'Light & wonder'
Business
April 3, 2025
Light & Wonder Withdraws Jewel of the Dragon Overshadowed by Aristocrat
Light & Wonder has been under a lot of pressure from competitor Aristocrat, which accused the former company of copying its acclaimed Dragon Link game series by developing its own Dragon Train games. Jewel of the Dragon Withdraw by Light & Wonder Preemptively Although Light & Wonder denied the accusation at first, a court ruling […]
Industry
March 31, 2025
Shares Plummet as Macquarie Suggests Light & Wonder Risks IP Lawsuit
Macquarie analysts suggested that Light & Wonder could face another lawsuit from competitor Aristocrat. Although the former group’s financial experts reiterated an optimistic outlook for Light & Wonder, their lawsuit suspicions caused the company’s stock to take a dip. Light & Wonder’s Stock Was Affected by Earlier Trouble A few days ago, Macquarie suggested that […]
Business
March 14, 2025
LNW Gaming to Shut Down Michigan Facility, Lay Off Workers
Light & Wonder subsidiary LNW Gaming has announced that it will be shutting down a facility in Michigan. This will lead to layoffs, which will affect roughly 100 employees, according to a filing by the company. Layoffs Are Upcoming As outlined in a WARN notice submitted to the Michigan Department of Labor and Economic […]
Legal
February 28, 2025
Talisman Prevails in Case Against Light & Wonder Subsidiary in Nevada
One of Light & Wonder’s subsidiaries is currently facing a legal battle over alleged breaches of a distribution agreement with a game developer. In an unexpected turn of events, the plaintiff, The Talisman Group, LLC, represented by the Las Vegas-based boutique law firm, Bailey Kennedy, LLP, gained legal ground in its lawsuit against LNW Gaming, […]
Business
February 26, 2025
Light & Wonder Will No Longer Offer Live-Dealer Games
Officials talked about Light & Wonder’s 2024 Q4 earnings, explaining many things about the company’s future, including the scrapping of live-dealer games. Light & Wonder Ditches Live-Dealer Games Light & Wonder, a prominent US land-based and iGaming company, announced that it would cease operations of its live-dealer games. The news comes from CEO Matt Wilson […]
Business
February 18, 2025
Light & Wonder to Acquire Grover Charitable Gaming in a $850M Deal
Light & Wonder announced that it has penned a deal to acquire Grover Gaming’s charitable gaming business, Grover Charitable Gaming, in a $850 million deal. According to the former company, this M&A agreement would fulfill several key objectives, including providing the group with a strong presence within the fast-growing charitable gaming sector. Grover Charitable Gaming […]
Industry
February 17, 2025
Nostalgia Attracts Players, Top Mechanics Keep Them Hooked
Casinos are famous for choosing to focus on versatility when curating their collection of slots. Online libraries hosting thousands of titles usually cover anything and everything, from games with unique graphics to titles featuring pioneering mechanics and big jackpots. However, a specific category stands out in particular. We are talking about games that evoke nostalgia, […]
Business
February 12, 2025
Light & Wonder Promotes from Within, Names Nathan Drane CPO
Light & Wonder, an American leader in the provision of gambling products and services, announced that it has enhanced its leadership with the appointment of a new C-suite member. The company clarified that long-term member Nathan Drane will assume the role of chief product officer and oversee the B2B company’s pipeline. The appointment comes a […]
Legal
February 11, 2025
Light & Wonder Secures Legal Victory Against Aristocrat in Australia Despite US Loss
Light & Wonder has secured a legal victory against Aristocrat in Australia, leading to a spike in its share price. Despite achieving a significant victory against L&W in America, Aristocrat failed to replicate this success in its home market. Light & Wonder’s Shares Soared as It Won in Court The lawsuit in question concerned the […]
Casino
January 16, 2025
Light & Wonder Deploys Player Engagement Features with PENN Entertainment
Light & Wonder has brought its engagement features to the Hollywood Casino brand in Michigan after the supplier of cutting-edge solutions for the online casino sector teamed up with PENN Entertainment, the brand’s operator. Light & Wonder Delivers WONDER DROPS Engagement Feature The partnership sees Light & Wonder deploy its WONDER DROPS jackpot mechanic with […]