Light & Wonder Stock Price, News & Analysis

Light & Wonder (NASDAQ: LNW) will report its third quarter 2025 financial results on Wednesday, November 5, 2025 after U.S. markets close (before the ASX opens on November 6, 2025).

The company will host an investor conference call and simultaneous webcast on November 5, 2025 at 4:30 p.m. ET (1:30 p.m. PT) / November 6, 2025 at 8:30 a.m. Australian Daylight Savings Time. Participants may pre-register to receive a passcode and unique PIN to bypass the operator. The live webcast and a replay (available about one hour after the call) will be accessible via the company investor site at https://explore.investors.lnw.com.

Light & Wonder (NASDAQ/ASX: LNW) has appointed Rohan Gallagher as Executive Vice President and Global Chief Corporate Affairs Officer, based in Sydney. In this newly created position, Gallagher will oversee Investor Relations, ESG, Corporate Social Responsibility, and Global Communications.

The appointment comes as Light & Wonder prepares to transition to a sole listing on the Australian Securities Exchange (ASX). Gallagher joins from Jarden Group's Institutional Equities division, bringing extensive experience including roles at Aristocrat, Ampol, and Credit Suisse Australia. His appointment aligns with the company's strategy to enhance stakeholder engagement and drive growth.

Light & Wonder (NASDAQ: LNW) has successfully completed a private offering of $1 billion in senior unsecured notes due 2033, with a 6.250% interest rate. The notes were issued at 100.000% by Light and Wonder International, Inc. (LNWI), a wholly owned subsidiary.

The proceeds will be used to repay outstanding borrowings under LNWI's revolving credit facility, redeem $700 million of 7.000% senior unsecured notes due 2028, and for general corporate purposes, including potential equity repurchases. The notes are guaranteed by Light & Wonder and certain subsidiaries but are not secured.

Light & Wonder (NASDAQ: LNW) has announced the pricing of $1 billion in senior unsecured notes due 2033, with a 6.250% interest rate. The notes will be issued at 100.000% by Light and Wonder International, Inc. (LNWI), a wholly owned subsidiary.

The proceeds will be used to repay outstanding revolving credit facility borrowings, redeem $700 million of 7.000% senior notes due 2028, and for general corporate purposes, including potential equity repurchases. The notes will be guaranteed by Light & Wonder and certain subsidiaries, with the offering expected to close on September 24, 2025.

Light & Wonder (NASDAQ: LNW) has announced that its subsidiary, Light and Wonder International, plans to offer $1 billion in senior unsecured notes due 2033 through a private offering. The proceeds will be used to:

• Repay outstanding borrowings under its revolving credit facility
• Redeem all $700 million of outstanding 7.000% senior unsecured notes due 2028
• Fund general corporate purposes, potentially including company equity repurchases

The notes will be guaranteed on a senior basis by Light & Wonder and certain subsidiaries, offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.

Light & Wonder (NASDAQ/ASX: LNW) reported Q2 2025 results with consolidated revenue of $809 million (down 1% YoY), while net income increased 16% to $95 million and Consolidated AEBITDA grew 7% to $352 million.

Key highlights include: 20th consecutive quarterly increase in premium installed base, addition of 845 North American Gaming units, successful completion of Grover acquisition with 600+ units added, and Board approval for sole primary ASX listing with Nasdaq delisting expected by November 2025. The company returned $266 million to shareholders through share repurchases in H1 2025 and approved an additional $500 million for buybacks.

Light & Wonder provided FY 2025 guidance with Consolidated AEBITDA expected between $1.43-1.47 billion and Adjusted NPATA between $550-575 million. The company maintains a net debt leverage ratio of 3.7x as of June 30, 2025.

Light & Wonder (NASDAQ: LNW) has announced a strategic partnership between its social gaming division SciPlay's JACKPOT PARTY mobile game and Carnival Cruise Line for a "Daily Cruise Giveaway" sweepstakes running from July 21 to August 4, 2025.

The promotion offers players aged 21 and older the chance to win daily cruise vouchers for two guests, with total prizes valued at $175,000. JACKPOT PARTY, a free-to-play mobile game with over 100 million global downloads, ranks among top-grossing mobile apps and features popular virtual slots like HUFF N' EVEN MORE PUFF and DANCING DRUMS LINK TREASURE.

Players can participate by downloading the JACKPOT PARTY mobile app and registering through the in-game sweepstakes portal, with no purchase necessary to enter or win.

Light & Wonder (NASDAQ: LNW) has scheduled its second quarter 2025 financial results release for Wednesday, August 6, 2025, after market close. The company will host an investor conference call and webcast at 4:30 p.m. ET on the same day.

Participants can pre-register for the call to receive a conference passcode and unique PIN for immediate access. The webcast will be available through the company's investor relations website, with a replay accessible approximately one hour after the event.

Light & Wonder (NASDAQ: LNW) hosted its 2025 Investor Day, outlining ambitious growth targets through 2028. The company reaffirmed its 2025 Consolidated AEBITDA target of $1.4 billion and revealed 2028 targets including Consolidated AEBITDA of $2.0 billion and doubling Adjusted NPATA per share to over $10.55. Key strategic initiatives across segments include: Gaming segment aims to expand North American Premium footprint market share by 400bps; SciPlay targets 30% ARPDAU increase; iGaming plans to grow global market share of 1st-party content by 300bps to over 10%. The company recently completed the Grover Charitable Gaming acquisition on May 16, 2025, which will be reported under the Gaming segment.