---
schema_version: "secwatch.filing_event.v1"
accession: "0000750004-23-000030"
form_type: "8-K"
ticker: "LNWO"
cik: "0000750004"
company_name: "Light & Wonder, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:17:12.296504+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Light & Wonder Q2 revenue up 20% to $731M, net income $5M; to buy remaining SciPlay stake for $22.95/share

## Summary
- Q2 consolidated revenue $731M (+20% YoY); net income $5M vs prior-year loss $150M.
- Gaming revenue $471M (+21%); SciPlay record $190M (+19%); iGaming record $70M (+17%).
- Net debt leverage ratio improved to 2.9x, lowest in recent history; strong cash flow.
- Agreed to acquire remaining ~17% of SciPlay for $22.95/share in all-cash transaction.
- CFO Connie James indicates tenure ending; ASX listing completed in May 2023.

## SEC filing metadata
- accession: 0000750004-23-000030
- form_type: 8-K
- ticker: LNWO
- cik: 0000750004
- company_name: Light & Wonder, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750004/000075000423000030/0000750004-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750004/000075000423000030/lnw-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000750004-23-000030
- JSON: https://secwatch.observer/filing/0000750004-23-000030.json
- Plain text: https://secwatch.observer/filing/0000750004-23-000030.txt

## Key facts
- Earnings Releases
  Light & Wonder, Inc. reported financial results for the second quarter ended June 30, 2023.
  - Period: the second quarter ended June 30, 2023
  - Result: reported results
  source text: On August 8, 2023, Light & Wonder, Inc. (the “Company”) issued a press release announcing, among other things, results for the three and six months ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/750004/000075000423000030/0000750004-23-000030-index.htm

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