Latest LNW News

Page 2
Page 2 of 2

Light & Wonder Sets $1.4B AEBITDA Target Amid Grover Integration

Light & Wonder unveiled ambitious growth targets and strategic plans at its 2025 Investor Day, spotlighting strong financial momentum and the integration of Grover Charitable Gaming. The company aims for $1.4 billion consolidated AEBITDA in 2025, underpinned by robust R&D and market leadership.
Victor Sage
21 May 2025

Light & Wonder Advances with 2% Revenue Growth and $850M Grover Gaming Deal

Light & Wonder, Inc. reported steady Q1 2025 results with modest revenue growth, margin expansion, and a strategic acquisition poised to reshape its land-based gaming footprint.
Victor Sage
8 May 2025

Light & Wonder Delivers 16th Straight Quarter of Growth, Eyes $850M Grover Deal

Light & Wonder, Inc. reported a steady 2% revenue rise in Q1 2025, marking its 16th consecutive quarter of growth, alongside margin expansion and a $166 million share buyback. The company is on track to close its strategic $850 million acquisition of Grover Gaming’s charitable business.
Victor Sage
8 May 2025

Light & Wonder Boosts Revolving Credit to $1 Billion, Extends Maturity to 2030

Light & Wonder, Inc. has amended its credit agreement to increase its revolving credit facility from $750 million to $1 billion, extend the maturity to 2030, and reduce interest margins based on leverage tests, enhancing its financial flexibility.
Sophie Babbage
11 Feb 2025