Light & Wonder, Inc. filings document an operating company incorporated in Nevada, with common stock registered under Section 12(g) of the Exchange Act. Recent Form 8-K reports cover quarterly and annual operating results, GAAP and non-GAAP financial measures, and amendments to credit arrangements involving its wholly owned subsidiary Light and Wonder International, Inc.
Definitive proxy materials describe annual meeting matters, including director elections, advisory executive-compensation votes, equity and director-compensation approvals, and auditor ratification. The filing record also documents the company's completed Nasdaq delisting and the transition away from Section 12(b) exchange registration.
Light & Wonder (LNW) reported stronger Q3 results. Total revenue was $841 million versus $817 million a year ago, driven by higher services and iGaming. Operating income rose to $229 million from $159 million. Net income was $114 million with diluted EPS of $1.34, up from $0.71.
Gaming delivered $558 million of revenue, with gaming operations up and machine sales lower year over year. SciPlay posted $197 million, reflecting a shift toward direct‑to‑consumer platforms, and iGaming reached $86 million. Year‑to‑date operating cash flow was $475 million.
The company completed the Grover Charitable Gaming acquisition on May 16, 2025 for upfront consideration of $850 million and recognized preliminary intangible assets of $464 million and goodwill of $392 million. To optimize its capital structure, LNW issued $1.0 billion of 6.250% senior unsecured notes due 2033 and redeemed $700 million of 2028 notes, and drew a new Term Loan A of $800 million. Long‑term debt (book value) was $4.94 billion. The company repurchased approximately 4.3 million shares for $380 million year to date.
Light & Wonder (LNW) reported stronger Q3 results. Total revenue was $841 million versus $817 million a year ago, driven by higher services and iGaming. Operating income rose to $229 million from $159 million. Net income was $114 million with diluted EPS of $1.34, up from $0.71.
Gaming delivered $558 million of revenue, with gaming operations up and machine sales lower year over year. SciPlay posted $197 million, reflecting a shift toward direct‑to‑consumer platforms, and iGaming reached $86 million. Year‑to‑date operating cash flow was $475 million.
The company completed the Grover Charitable Gaming acquisition on May 16, 2025 for upfront consideration of $850 million and recognized preliminary intangible assets of $464 million and goodwill of $392 million. To optimize its capital structure, LNW issued $1.0 billion of 6.250% senior unsecured notes due 2033 and redeemed $700 million of 2028 notes, and drew a new Term Loan A of $800 million. Long‑term debt (book value) was $4.94 billion. The company repurchased approximately 4.3 million shares for $380 million year to date.
Light & Wonder, Inc. furnished an Item 2.02 Form 8-K announcing it issued a press release with results for the three and nine months ended September 30, 2025. The release includes GAAP results and non-GAAP financial measures with reconciliations and management’s stated reasons for using them.
The Item 2.02 information, including Exhibit 99.1, is being furnished and is not deemed filed under the Exchange Act. The company plans to discuss the press release on its earnings call.
Light & Wonder, Inc. furnished an Item 2.02 Form 8-K announcing it issued a press release with results for the three and nine months ended September 30, 2025. The release includes GAAP results and non-GAAP financial measures with reconciliations and management’s stated reasons for using them.
The Item 2.02 information, including Exhibit 99.1, is being furnished and is not deemed filed under the Exchange Act. The company plans to discuss the press release on its earnings call.
Light & Wonder, Inc. filed an amended current report to update the timeline for its chief legal leadership transition. The Board appointed Susan Dawson as Corporate Secretary effective October 30, 2025, at which time James Sottile ceased serving in that role but will remain Chief Legal Officer until December 31, 2025. Dawson is scheduled to assume the Chief Legal Officer position on January 1, 2026, consistent with the previously disclosed plan. No other changes were made to the original report.
Light & Wonder, Inc. filed an amended current report to update the timeline for its chief legal leadership transition. The Board appointed Susan Dawson as Corporate Secretary effective October 30, 2025, at which time James Sottile ceased serving in that role but will remain Chief Legal Officer until December 31, 2025. Dawson is scheduled to assume the Chief Legal Officer position on January 1, 2026, consistent with the previously disclosed plan. No other changes were made to the original report.
Light & Wonder, Inc. filed a Form 25 to remove its common stock from listing and/or registration under Section 12(b) on The Nasdaq Stock Market LLC. The security is described as common stock with a par value of $0.001 per share. The notification was signed by James Sottile, Executive Vice President and Chief Legal Officer, dated November 3, 2025.
Light & Wonder, Inc. filed a Form 25 to remove its common stock from listing and/or registration under Section 12(b) on The Nasdaq Stock Market LLC. The security is described as common stock with a par value of $0.001 per share. The notification was signed by James Sottile, Executive Vice President and Chief Legal Officer, dated November 3, 2025.
Light & Wonder, Inc. furnished an update under Regulation FD on its previously announced plan to transition from a dual listing on Nasdaq and the Australian Securities Exchange to a sole primary listing on the ASX, subject to applicable U.S. and Australian regulatory and other third‑party approvals and processes.
The company attached a press release dated October 13, 2025 as Exhibit 99.1. The furnished information is not deemed “filed” under the Exchange Act.
Light & Wonder, Inc. furnished an update to investors by sending the Australian Securities Exchange a Statement of CHESS Depositary Interests on Issue, referred to as Appendix 4A, dated October 7, 2025. The same Appendix 4A is attached to this report as Exhibit 99.1 for reference. The company classifies this information as a Regulation FD disclosure, meaning it is being shared publicly for fair disclosure purposes but is expressly treated as furnished rather than filed under U.S. securities laws.
Light & Wonder, Inc. reported an executive equity event. On 10/01/2025, an officer (Exec VP, CLO & Corp Sec) had 3,334 restricted stock units vest, converting one-for-one into common stock. To cover taxes upon vesting, 1,602 shares were disposed of at $84.55 under a tax withholding transaction. Following these transactions, the officer directly beneficially owned 88,872 shares of common stock.
The filing shows a routine conversion (code M) of RSUs granted on October 5, 2022, which the disclosure states have now fully vested, and a related tax-withholding disposition (code F). No issuer proceeds are involved in these administrative transactions.
Antonia Korsanos, a director of Light & Wonder, Inc. (LNW), reported the vesting and acquisition of restricted stock units on 10/01/2025. Two vesting events converted 1,417 and 3,333 RSUs into common shares at a conversion price of $0, increasing her direct beneficial ownership to 27,565 shares after the second transaction. The report also discloses 313 shares held indirectly by her child (Chess Depositary Interests on the ASX), which the reporting person disclaims beneficial ownership of. The Form 4 was signed by James Sottile as attorney-in-fact on behalf of Ms. Korsanos.
Light & Wonder, Inc. (LNW) director Jamie Odell reported the vesting and settlement of restricted stock units into common stock on 10/01/2025. Two tranches vested for 2,138 shares and 3,333 shares at a stated price of $0 per share (transaction code M), consistent with one-for-one RSU conversion.
Following these transactions, Odell directly owns 20,941 shares. Indirect holdings include 36 shares by child, 8,275 shares by the Odell Family Trust, and 10,000 shares by the Jamie and Caroline Odell Superannuation Fund. The remaining portion of the December 11, 2023 RSU grant is scheduled to vest on October 1, 2026.
Light & Wonder, Inc. announced that its subsidiary Light and Wonder International, Inc. issued $1 billion of senior unsecured notes due 2033 in a private offering. The notes carry a 6.250% annual interest rate, paid semiannually starting April 1, 2026.
The company plans to use the net proceeds to repay all borrowings under its revolving credit facility, redeem $700 million of 7.000% senior unsecured notes due 2028, and for general corporate purposes, which may include equity repurchases. The notes are guaranteed on a senior unsecured basis by the parent and certain domestic subsidiaries and are governed by covenants limiting additional debt, dividends, asset sales, and certain transactions.