Industry
April 18, 2022
Light & Wonder Reduces Its Debt by More than 50% Via a Refinancing Plan
Global gaming firm Light & Wonder has stated that it has reduced its debt by more than 50% via debt refinancing. The money came from the sale of its lottery business. With this move, the company’s debt has been reduced from $8.8 billion to $4 billion. The Company Aims to Reduce the Debt Even More […]
Business
April 15, 2022
Light & Wonder Extends Its Deal with Entain through 2030
Scientific Games, the leading entertainment company that offers games and solutions for the gambling industry, doing business as Light & Wonder (L&W), extended its collaboration with Entain. Entain, Light & Wonder Extend Partnership The collaboration between the duo dates back to 2018. Back then, the collaboration marked a landmark moment for SG. To date, the […]
Casino
March 30, 2022
Light & Wonder Confirms More EGM Products for Asia
Light & Wonder plans to continue spearheading its product development and pivot towards Asia. To this end, the company formerly known as Scientific Games and one of the biggest suppliers and developers of iGaming and lottery software is planning to bring its Duo Fu Duo Cai and Jin Ji Bao Xi game series in Asia […]
Casino
March 28, 2022
Light & Wonder and Kindred Given the Green Light to Enter Ontario’s Market
The Alcohol and Gaming Commission of Ontario (AGCO) has licensed Kindred Group plc and Light and Wonder ahead of the iGaming market’s launch on April 4. The two will be joining a generous list of other prestigious gaming suppliers and operators with names like Kambi, FansUnite, PintsBet, or LeoVegas. Kindred Reaches New Milestone Malta-registered Kindred […]
Casino
March 2, 2022
Scientific Games Rebrands to Light & Wonder amid Q42021 Results
Scientific Games has become the latest company to undergo a name change in a bid to better reflect on the expanding horizons of the gaming and entertainment industries. Moving forward, Scientific Games will be known as Light & Wonder and it will come with the company’s broader reorientation towards the digital segment. Strong Quarterly Results […]