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How Will Grover Acquisition and $1B Debt Refinancing Propel Light & Wonder’s Growth?
8:55am on Thursday 6th of November, 2025 AEDT
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Gaming
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How Will Grover Acquisition and $1B Debt Refinancing Propel Light & Wonder’s Growth?
8:55am on Thursday 6th of November, 2025 AEDT
Key Points
3% revenue growth in Q3 2025 led by Gaming and iGaming segments
Completed $850 million Grover Charitable Gaming acquisition
Issued $1 billion senior unsecured notes due 2033 to refinance debt
Operating expenses declined due to cost efficiencies and lower user acquisition
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