Tag: Light & Wonder
Expert discusses Light & Wonder/Aristocrat litigation
“These kind of cases can be nasty,” said independent attorney David A. Boag. “It’s not just, ‘Somebody bumped into my IP.’”... more
Caesars launches omnichannel Remote Reels in Atlantic City casino, online
Caesars is creating an omnichannel experience for customers that brings together its online platform and retail property in Atlantic City.... more
Light & Wonder earns small US courtroom victory in ongoing Aristocrat trade secrets battle
Light & Wonder has earned a much-needed win in its ongoing legal battle with Aristocrat linked to its Dragon Train series, with the US... more
Light & Wonder/Aristocrat litigation is “background noise,” Jefferies analyst says
The latest court decree in Aristocrat Leisure’s ongoing lawsuit against Light & Wonder “is an incremental positive” for the... more
Light & Wonder providing tech upgrades for UK’s Mecca Bingo terminals
Light & Wonder has announced a new agreement with Mecca Bingo to deliver next-generation gaming technology across all 50 Mecca venues... more
Light & Wonder’s Chief Legal Officer James Sottile to retire at year’s end, Susan Dawson named as replacement
Light & Wonder’s Executive Vice President, Chief Legal Officer and Corporate Secretary James Sottile will retire from the company at... more
Macquarie forecast for Light & Wonder falls just shy of US$2 billion 2028 EBITDA target
Macquarie analysts are forecasting that Light & Wonder will achieve Adjusted EBITDA of US$1.94 billion by 2028, falling just short of... more
Analyst: Grover Gaming a billion-dollar boon to Light & Wonder
Light & Wonder’s $1 billion purchase of pull-tab specialist Grover Gaming met with a favorable review from Macquarie Securities... more
Litigation uncertainty mars Light & Wonder’s Australian outlook, J.P. Morgan analyst says
Light & Wonder game installations are on the upswing in Australia. That is according to a J.P. Morgan investor note penned by analyst... more
Merged Everi-IGT entity seen holding greater share of US slots sales market than Light & Wonder and Aristocrat
The looming acquisition of Everi Holdings Inc and IGT Gaming by Apollo Global Management will create an entity with a higher installed... more