Scientific Games Corporation, doing business as Light & Wonder Inc., develops technology-based products and services, and related content for the gaming, lottery, social and digital gaming industries in the United States and internationally. The company's Gaming segment sells new and used gaming machines, electronic table systems, video lottery terminals, conversion game kits, and spare parts; table products, including shufflers; and perpetual licenses to proprietary table games. It also supplies game content, gaming machines; provides table game products and services to licensed gaming entities; and installs and supports casino management systems, such as ongoing hardware and software maintenance and upgrade services of customer casino management systems. The company's SciPlay segment develops and publishes digital games on mobile and web platforms. It sells virtual coins, chips, or bingo cards, which players can use to play slot games, table games, or bingo games. Its iGaming segment provides a suite of digital gaming content, including digital real-money gaming, distribution platforms, content, products, and services. This segment also offers the Open Platform System, which offers a range of reporting and administrative functions and tools providing operators control over various areas of digital gaming operations. The company also offers software design, development, licensing, maintenance, support services, and technology solutions. Majestic Corporation Limited was incorporated in 1984 and is based in Las Vegas, Nevada.
IPO Year:
Exchange: NASDAQ
Website: https://www.scientificgames.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/19/2025 | Neutral → Buy | Citigroup | |
| 10/8/2024 | $120.00 | Buy | B. Riley Securities |
| 9/25/2024 | Neutral → Buy | UBS | |
| 8/26/2024 | $144.00 | Buy | Maxim Group |
| 5/10/2024 | $111.00 → $95.00 | Positive → Neutral | Susquehanna |
| 3/26/2024 | $83.00 | Underperform | Mizuho |
| 3/11/2024 | $105.00 → $110.00 | Buy → Neutral | Redburn Atlantic |
| 1/30/2024 | $98.00 | Overweight | JP Morgan |
| 1/16/2024 | $92.00 | Buy | The Benchmark Company |
| 8/22/2023 | $104.00 | Buy | Redburn |
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
16th Consecutive Quarter of Year-Over-Year Consolidated Revenue Growth with Expanded Margins Driving Strong Cash Flow Generation Added 2,900+ North American Gaming Operations Units Year-Over-Year and ~500 Units Sequentially Returned $166 million of Capital to Shareholders through Share Repurchases during the Quarter Strategic Acquisition of Grover Gaming's Charitable Gaming Business on Schedule Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder," "L&W," "we" or the "Company") today reported results for the first quarter ended March 31, 2025. We delivered another solid quarter, achieving a 16th consecutive quarter of year-over-year consolidated revenue growth, expanding margins
Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company"), the leading cross-platform global games company, will host an Investor Day on Tuesday May 20, 2025, in New York City at 2:00 p.m. U.S. Eastern Time. The Investor Day will feature presentations from President and CEO Matt Wilson, CFO Oliver Chow, leaders from each of its businesses, and an expert panel featuring Todd Eilers from Eilers & Krejcik Gaming. The presentations will provide a comprehensive overview of the Company's business units, strategic priorities, and key opportunities to drive further shareholder value. Access to pre-registration, associated webcast, and other details regarding the event can be
Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company"), announced today that it will release its financial results for the first quarter of 2025, on Wednesday, May 7, 2025, after market close. The Company will host an investor conference call and simultaneous webcast the same day at 4:30 p.m. U.S. Eastern Time to discuss the results. Participants are encouraged to pre-register for the conference call by using the following link. To pre-register, click here: Light & Wonder Earnings Call Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any t
Reaffirms 2025 $1.4 Billion Targeted Consolidated AEBITDA(1) and Targeted Adjusted NPATA Range(1) between $565 million and $635 million(2) Company to Host Conference Call at 4:30 PM Eastern Time Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries, "we," "Light & Wonder," "L&W" or the "Company") today provided an update regarding its ongoing litigation with Aristocrat in the U.S. District Court of Nevada. On March 14, 2025, Aristocrat filed a second amended complaint with the District Court of Nevada, adding a trade secret misappropriation claim against Jewel of the Dragon. The initial claims concerning Jewel of the Dragon did not include a claim for trade secret mi
Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company"), announced today it will host an update call regarding the Dragon Train litigation on Wednesday, April 2, 2025, after market close. The investor conference call and simultaneous webcast will be hosted at 4:30 p.m. U.S. Eastern Time. Participants are encouraged to pre-register for the conference call by using the following link. To pre-register, click here: Light & Wonder Litigation Conference Call Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to the call start
Delivered Record Full Year Consolidated Revenue with Double-Digit Growth of 10% Year-Over-Year Added 850+ North American Gaming Operations Units Sequentially and 2,700+ Unit Expansion Year-Over-Year Returned $462 million of Capital to Shareholders through Share Repurchases during 2024 Announced Strategic Acquisition of Grover Gaming's Charitable Gaming Business Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder," "L&W," "we" or the "Company") today reported results for the fourth quarter and fiscal year ended December 31, 2024. We closed another strong year, delivering record financial and operational performance and continuing our advancement toward our 2025 financial ta
Grover Charitable Gaming is a leading provider of electronic pull-tabs for charitable gaming in the U.S., with over 10,000 installed recurring revenue1 units across five U.S. states Opportunity to leverage L&W's leading land-based content into a scale recurring revenue1 base Highly cash generative earnings profile with strong underlying growth Highly accretive to value and earnings with high-single digit Adjusted NPATA per share accretion2 Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries "Light & Wonder," "L&W" or the "Company") today announced that it has entered into a definitive agreement to acquire the charitable gaming assets ("Grover Charitable Gamin
Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries "Light & Wonder," "L&W" or the "Company") today announced the promotion of Nathan Drane to Chief Product Officer (CPO). Nathan has been serving as Chief Product Officer of the Gaming business for the last year and has been with the Company since early 2021, after more than 12 years in various product-centric roles in the industry. In his expanded role as enterprise-wide CPO, Light & Wonder will bring all game creation across the Company under one department led by Drane. "I've personally worked with Nathan for many years, and I couldn't be happier for him to share his leadership and vision with the entire enterpr
Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company"), announced today it will release its financial results for the fourth quarter and year ended December 31, 2024, on Tuesday, February 25, 2025, after market close. The Company will host an investor conference call and simultaneous webcast the same day at 4:30 p.m. U.S. Eastern Time to discuss the results. Participants are encouraged to pre-register for the conference call by using the following link. To pre-register, click here: Light & Wonder Earnings Call Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participan
Continued Double-Digit Consolidated Revenue Growth, an Increase of 12% Year-Over-Year Maintained Healthy Balance Sheet and Committed to $1.4 Billion FY 2025 Consolidated AEBITDA Target(1) Demonstrated Diversity and Strength of Game Portfolio across Our Business at G2E and AGE Added to the S&P/ASX 100 Index on September 25, 2024 Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder," "L&W," "we" or the "Company") today reported results for the third quarter ended September 30, 2024. We maintained strong momentum in the third quarter and delivered our 9th consecutive quarter of double-digit consolidated revenue growth year-over-year, sustainable cash flow generation and return
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
SD - Light & Wonder, Inc. (0000750004) (Filer)
8-K - Light & Wonder, Inc. (0000750004) (Filer)
10-Q - Light & Wonder, Inc. (0000750004) (Filer)
8-K - Light & Wonder, Inc. (0000750004) (Filer)
8-K - Light & Wonder, Inc. (0000750004) (Filer)
DEFA14A - Light & Wonder, Inc. (0000750004) (Filer)
DEF 14A - Light & Wonder, Inc. (0000750004) (Filer)
8-K - Light & Wonder, Inc. (0000750004) (Filer)
8-K - Light & Wonder, Inc. (0000750004) (Filer)
10-K - Light & Wonder, Inc. (0000750004) (Filer)
Citigroup upgraded Light & Wonder from Neutral to Buy
B. Riley Securities resumed coverage of Light & Wonder with a rating of Buy and set a new price target of $120.00
UBS upgraded Light & Wonder from Neutral to Buy
Maxim Group initiated coverage of Light & Wonder with a rating of Buy and set a new price target of $144.00
Susquehanna downgraded Light & Wonder from Positive to Neutral and set a new price target of $95.00 from $111.00 previously
Mizuho initiated coverage of Light & Wonder with a rating of Underperform and set a new price target of $83.00
Redburn Atlantic downgraded Light & Wonder from Buy to Neutral and set a new price target of $110.00 from $105.00 previously
JP Morgan initiated coverage of Light & Wonder with a rating of Overweight and set a new price target of $98.00
The Benchmark Company initiated coverage of Light & Wonder with a rating of Buy and set a new price target of $92.00
Redburn initiated coverage of Light & Wonder with a rating of Buy and set a new price target of $104.00
Marchetti Served on Board of SciPlay Corporation Since 2019 Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder," "L&W" or the "Company") announced today that Michael Marchetti has been appointed as a member of its Board of Directors. He previously served as a director of SciPlay Corporation. Light & Wonder acquired the remaining public shares of SciPlay in October of last year. Jamie Odell, Executive Chair of Light & Wonder, said, "We are pleased to welcome Michael to the Light & Wonder Board as a new independent director. Michael has a wealth of mobile gaming experience and a strong financial background that will help us continue to maximize value for our shareholders." "I'm
Matt Wilson Appointed Interim Chief Executive Officer Light & Wonder, Inc. (NASDAQ:LNW) ("Light & Wonder," "L&W" or the "Company"), today announced that Matt Wilson, Light & Wonder's Executive Vice President and Group Chief Executive of Gaming, has been appointed interim Chief Executive Officer while also continuing in his current role. In connection with the appointment, Barry Cottle has stepped down as President and Chief Executive Officer and a member of the Company's Board of Directors and will support a seamless transition as a consultant. The Company's Board has commenced a search process to identify a permanent CEO and has engaged a leading national executive search firm. The searc
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
16th Consecutive Quarter of Year-Over-Year Consolidated Revenue Growth with Expanded Margins Driving Strong Cash Flow Generation Added 2,900+ North American Gaming Operations Units Year-Over-Year and ~500 Units Sequentially Returned $166 million of Capital to Shareholders through Share Repurchases during the Quarter Strategic Acquisition of Grover Gaming's Charitable Gaming Business on Schedule Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder," "L&W," "we" or the "Company") today reported results for the first quarter ended March 31, 2025. We delivered another solid quarter, achieving a 16th consecutive quarter of year-over-year consolidated revenue growth, expanding margins
Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company"), announced today that it will release its financial results for the first quarter of 2025, on Wednesday, May 7, 2025, after market close. The Company will host an investor conference call and simultaneous webcast the same day at 4:30 p.m. U.S. Eastern Time to discuss the results. Participants are encouraged to pre-register for the conference call by using the following link. To pre-register, click here: Light & Wonder Earnings Call Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any t
Reaffirms 2025 $1.4 Billion Targeted Consolidated AEBITDA(1) and Targeted Adjusted NPATA Range(1) between $565 million and $635 million(2) Company to Host Conference Call at 4:30 PM Eastern Time Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries, "we," "Light & Wonder," "L&W" or the "Company") today provided an update regarding its ongoing litigation with Aristocrat in the U.S. District Court of Nevada. On March 14, 2025, Aristocrat filed a second amended complaint with the District Court of Nevada, adding a trade secret misappropriation claim against Jewel of the Dragon. The initial claims concerning Jewel of the Dragon did not include a claim for trade secret mi
Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company"), announced today it will host an update call regarding the Dragon Train litigation on Wednesday, April 2, 2025, after market close. The investor conference call and simultaneous webcast will be hosted at 4:30 p.m. U.S. Eastern Time. Participants are encouraged to pre-register for the conference call by using the following link. To pre-register, click here: Light & Wonder Litigation Conference Call Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to the call start
Delivered Record Full Year Consolidated Revenue with Double-Digit Growth of 10% Year-Over-Year Added 850+ North American Gaming Operations Units Sequentially and 2,700+ Unit Expansion Year-Over-Year Returned $462 million of Capital to Shareholders through Share Repurchases during 2024 Announced Strategic Acquisition of Grover Gaming's Charitable Gaming Business Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder," "L&W," "we" or the "Company") today reported results for the fourth quarter and fiscal year ended December 31, 2024. We closed another strong year, delivering record financial and operational performance and continuing our advancement toward our 2025 financial ta
Grover Charitable Gaming is a leading provider of electronic pull-tabs for charitable gaming in the U.S., with over 10,000 installed recurring revenue1 units across five U.S. states Opportunity to leverage L&W's leading land-based content into a scale recurring revenue1 base Highly cash generative earnings profile with strong underlying growth Highly accretive to value and earnings with high-single digit Adjusted NPATA per share accretion2 Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries "Light & Wonder," "L&W" or the "Company") today announced that it has entered into a definitive agreement to acquire the charitable gaming assets ("Grover Charitable Gamin
Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company"), announced today it will release its financial results for the fourth quarter and year ended December 31, 2024, on Tuesday, February 25, 2025, after market close. The Company will host an investor conference call and simultaneous webcast the same day at 4:30 p.m. U.S. Eastern Time to discuss the results. Participants are encouraged to pre-register for the conference call by using the following link. To pre-register, click here: Light & Wonder Earnings Call Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participan
Continued Double-Digit Consolidated Revenue Growth, an Increase of 12% Year-Over-Year Maintained Healthy Balance Sheet and Committed to $1.4 Billion FY 2025 Consolidated AEBITDA Target(1) Demonstrated Diversity and Strength of Game Portfolio across Our Business at G2E and AGE Added to the S&P/ASX 100 Index on September 25, 2024 Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder," "L&W," "we" or the "Company") today reported results for the third quarter ended September 30, 2024. We maintained strong momentum in the third quarter and delivered our 9th consecutive quarter of double-digit consolidated revenue growth year-over-year, sustainable cash flow generation and return
Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company"), announced today it will release its financial results for the third quarter of 2024, on Tuesday, November 12, 2024, after market close. The Company will host an investor conference call and simultaneous webcast the same day at 4:30 p.m. U.S. Eastern Time to discuss the results. Participants are encouraged to pre-register for the conference call by using the following link. To pre-register, click here: Light & Wonder Earnings Call Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any ti
13th Consecutive Quarter of Consolidated Revenue Growth, an Increase of 12% Year-Over-Year Strong Gaming Machine Sales, Record Gaming Operations Unit Expansion in North American Installed Base and Margin Expansion Fueled Earnings Growth Completed Share Repurchase Program, Returned $175 Million to Shareholders during the First Half of 2024 and Announced New $1 Billion Program Added to the Russell 1000 Index on June 28, 2024 Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder," "L&W," "we" or the "Company") today reported results for the second quarter ended June 30, 2024. We maintained strong momentum in the second quarter, delivering an 8th consecutive quarter of double-di