---
schema_version: "secwatch.filing_event.v1"
accession: "0000950157-24-001365"
form_type: "8-K"
ticker: "LNWO"
cik: "0000750004"
company_name: "Light & Wonder, Inc."
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:53:59.264913+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Light & Wonder to remove ~2,200 Dragon Train units; reaffirms $1.4B 2025 AEBITDA target

## Summary
- 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.

## SEC filing metadata
- accession: 0000950157-24-001365
- form_type: 8-K
- ticker: LNWO
- cik: 0000750004
- company_name: Light & Wonder, Inc.
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750004/000095015724001365/0000950157-24-001365-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750004/000095015724001365/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950157-24-001365
- JSON: https://secwatch.observer/filing/0000950157-24-001365.json
- Plain text: https://secwatch.observer/filing/0000950157-24-001365.txt

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