---
schema_version: "secwatch.filing_event.v1"
accession: "0000750004-23-000013"
form_type: "8-K"
ticker: "LNWO"
cik: "0000750004"
company_name: "Light & Wonder, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T10:50:41.576865+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Light & Wonder Q1 revenue up 17% YoY, record SciPlay and iGaming revenue

## Summary
- Consolidated revenue $670M, +17% YoY; Gaming revenue $419M (+18%), driven by 53% growth in machine sales.
- SciPlay record revenue $186M (+18% YoY); iGaming record revenue $65M (+10% YoY), led by U.S. market.
- Net debt leverage ratio at 3.1x, within targeted range; principal debt outstanding $3.9B.
- Board approved secondary listing on Australian Securities Exchange, expected to enhance shareholder access.
- Strong cash flows and operational excellence cited; company reaffirmed long-term financial targets.

## SEC filing metadata
- accession: 0000750004-23-000013
- form_type: 8-K
- ticker: LNWO
- cik: 0000750004
- company_name: Light & Wonder, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750004/000075000423000013/0000750004-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750004/000075000423000013/lnw-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000750004-23-000013
- JSON: https://secwatch.observer/filing/0000750004-23-000013.json
- Plain text: https://secwatch.observer/filing/0000750004-23-000013.txt

## Key facts
- Earnings Releases
  Light & Wonder, Inc. reported financial results for the first quarter ended March 31, 2023.
  - Period: the first quarter ended March 31, 2023
  - Result: reported results
  source text: Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder,” “L&W,” or the “Company”) today reported results for the first quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/750004/000075000423000013/0000750004-23-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.