Light & Wonder Q2 net income +16%; plans Nasdaq delisting, sole ASX listing; boosts buyback

Light & Wonder, Inc.

Revenue $809M (-1% YoY), net income $95M (+16%), Consolidated AEBITDA $352M (+7%).
Board approved sole primary listing on ASX; Nasdaq delisting expected by end of Nov 2025.
Returned $266M to shareholders via buybacks in H1; added $500M to program, total now $1.5B.
Premium installed base added 845 units sequentially, over 2,700 YoY; Grover integration ahead with 600+ units added.
FY2025 guidance: Consolidated AEBITDA $1.43B-$1.47B, Adjusted NPATA $550M-$575M.

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