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The Latest in light & wonder
Business
January 9, 2024
Light & Wonder Adds Michael Marchetti to Board of Directors
Light & Wonder has enhanced its board of directors with another major appointment. As announced by the company earlier today, the experienced Michael Marchetti, a former SciPlay Corporation director has been added to the board. According to the announcement, Marchetti will step into the office on January 15, 2024. In his new position, the appointee […]
Business
December 21, 2023
Light & Wonder Launches Its Playzido Platform in Ontario
Gambling product and services powerhouse Light & Wonder has made further strides in North America thanks to the launch of its content creation platform Playzido in Ontario, Canada. This move follows Light & Wonder’s foray into South Africa, allowing it to tap into yet another major region. Through the company’s Playzido content creation platform, the […]
Business
December 14, 2023
Light & Wonder Launches iGaming Content in South Africa with Hollywoodbets
Light & Wonder has unveiled a new partnership agreement with Hollywoodbets, a South African betting and gaming operator. Under the deal, the supplier will inject proprietary content into the operator’s platform. This deal will mark Light & Wonder’s foray into the country, expanding its overall global footprint. The entry was made possible by the Mpumalanga […]
Business
December 14, 2023
Light & Wonder Picks Oliver Chow as Chief Financial Officer
The newly-appointed Oliver Chow served as an interim CFO since August and previously worked as SVP of corporate finance. He succeeded at the time Connie James who stepped down from the permanent position to pursue other career opportunities. The Hunt for a New CFO Is Finally Over Chow is a well-seasoned veteran and also an […]
Business
November 23, 2023
Fitch Trusts Light & Wonder to Hit Its EBITDA Leverage Goals in 2024
Fitch, a renowned capital market analyst, is optimistic about Light & Wonder’s EBITDA leverage targets, believing that the gambling supplier will be able to hit its goals by 2024. While the agency still believes there is some default risk associated with the company, it still gave Light & Wonder a BB rating. Fitch updated Light […]
Business
November 10, 2023
Light & Wonder Posts Outstanding Q3 Results Boosted by SciPlay
Light & Wonder, the leading content provider and developer, powering the growing online gambling industry, released its latest financial results. On Thursday, the company unveiled details regarding its financial performance for the third quarter of 2023. In Q3 2023, Light & Wonder posted strong growth, marking the tenth consecutive quarter for the company with an […]
Business
November 1, 2023
Light & Wonder Leverages Playzido to Supply Caesars with Sweet 16 Blackjack in Michigan
Light & Wonder has leveraged its content creation platform Playzido to supply bespoke content to Caesars Digital online in Michigan. As a result, the latter company’s Caesars Palace Online Casino and Caesars Sportsbook & Casino brands will now be able to engage fans with an exclusive version of HITSqwad Gaming’s Sweet 16 Blackjack game. The […]
Slots
October 25, 2023
Light & Wonder Announces Landmark Willy Wonka Digital Launch
After it recently sealed an important acquisition deal for SciPlay Corporation, a developer and publisher of digital games, the worldwide leader in cross-platform games and entertainment, Light & Wonder, is once again in the spotlight with fresh news. The company whose OpenGaming platform is known to power the greatest network of digital games in the […]
Business
October 24, 2023
Light & Wonder Finalizes SciPlay Acquisition
Leading gambling products and services provider Light & Wonder has finalized the acquisition of SciPlay Corporation, a developer and publisher of digital games on mobile and web platforms. Announced earlier this year, the M&A deal was signed in early August. Under the deal, Light & Wonder acquired the remaining 17% equity interest in SciPlay for […]
Industry
October 13, 2023
Light & Wonder Spearheads Spribe’s Launch in the US
Gambling provider Light & Wonder has signed a major new deal with Spribe, the company behind the world’s biggest crash game, Aviator. Thanks to this tie-up, Spribe will be able to penetrate the US market, bringing its cutting-edge games to American audiences. Under the landmark distribution agreement, Aviator and Spribe’s Turbo Games portfolio will be […]