Light & Wonder LAWIL

Light & Wonder is a leading cross-platform global games company with a focus on content and digital markets headquartered in Las Vegas, Nevada. The company supplies game content and gaming machines, CMSs and table game products and services to licensed gaming entities, and electronic pull-tabs and related services to charitable gaming entities. It provides social casino and other online games, including casual gaming, to retail customers, and offers a comprehensive suite of digital gaming content, distribution platforms, player account management systems, as well as various other iGaming content and services.

Light & Wonder generates revenue through the sale and leasing of gaming machines, participation gaming arrangements, and table products to casinos and gaming operators. It earns income from CMS licensing, maintenance, and support services, as well as from electronic pull-tab units provided to charitable gaming entities under a revenue participation model. The company also derives revenue from in-app purchases, advertising, and virtual currency sales in its social casino games, and from licensing digital gaming content, player account management systems, and distribution platforms to iGaming operators.

The company operates through the following segments: Gaming, SciPlay and iGaming.

• Gaming: This segment supplies game content and gaming machines, CMSs and table game products and services to licensed gaming entities, and provides electronic pull-tabs and related services to charitable gaming entities. It includes the Grover business, which offers proprietary electronic pull-tabs equipment, content and related offerings to charitable gaming entities in six U. S. states. The segment features branded products such as Shuffler automatic card shufflers, PTG (proprietary table games) content, and various gaming machine titles.
• SciPlay: SciPlay is a leading developer and publisher of digital games on online platforms, primarily in the social gaming market. It generates revenue from in-app purchases of virtual coins, chips and cards used in slot, table and bingo games, and from advertising arrangements in certain games. SciPlay offers branded social casino titles including JACKPOT PARTY ® Casino, QUICK HIT ® Slots, GOLD FISH ® Casino, 88 FORTUNES ® Slots, MONOPOLY Slots and HOT SHOT CASINO ®, as well as casual games such as BINGO SHOWDOWN ® and Backgammon Live.
• iGaming: This segment provides a comprehensive suite of digital gaming content, distribution platforms, player account management systems, and various other iGaming content and services. Revenue is derived from casino-style game content, including internally developed and branded games and popular third-party provider games, made available via content aggregation platforms such as the Open Gaming System network. The segment offers the Open Platform System (OPS), a player account management system providing reporting and administrative functions for digital gaming operators.

Light & Wonder holds a leading position in the global gaming industry, competing with major providers such as Aristocrat Leisure Ltd., International Game Technology (IGT), Konami Digital Entertainment, Inc., Playtika, Playstudios, Evolution Gaming, Games Global, Pragmatic Play and Playtech. The company differentiates itself through its cross-platform content strategy, extensive intellectual property portfolio, and ability to deliver seamless player experiences across land-based, social and real-money digital gaming environments.

Light & Wonder serves licensed gaming entities including casinos and lotteries in over 177 international gaming jurisdictions and major U. S. gaming markets. Its charitable gaming business, Grover, supports charitable entities in six U. S. states. SciPlay reaches retail customers through mobile and online platforms including APPLE, GOOGLE, FACEBOOK, AMAZON and MICROSOFT. The iGaming segment provides services to online casino operators in regulated markets across the United States and internationally.