litigation
confidence high
sentiment negative
materiality 0.65
Light & Wonder to remove ~2,200 Dragon Train units; reaffirms $1.4B 2025 AEBITDA target
Light & Wonder, Inc.
- Court order requires removal of Dragon Train; ~2,200 of 33,000 leased NA units affected.
- No customer removal requests received; backfilling with Ultimate Fire Link, Dancing Drums, others.
- Australia sales halted; Lion Link, Huff N’ Puff, Shenlong Unleashed to fill pipeline.
- Dragon Train designer terminated; company developing Dragon Train 2.0 compliant with order.
- 2025 AEBITDA target of $1.4B reaffirmed; $1B share buyback program unchanged.