Susan Dawson
Susan Dawson, the Company’s current Senior Vice President and Deputy General Counsel, will succeed Mr. Sottile and assume the role of CLO and Corporate Secretary upon his retirement.
Highest-materiality recent filing
Revenue $790M (+2% YoY); Gaming operations revenue up 38% to $239M; machine sales down 25%.
Q4 revenue $891M (+12% YoY); net loss $15M ($0.19 loss per share) due to $128M Aristocrat legal settlement charge.
Light & Wonder amends credit agreement, adds $2.13B term loan due 2029, reduces interest margin
Amendment No. 4 creates a new $2,134,562,718.75 tranche of term loans maturing April 14, 2029.
Light & Wonder delists from Nasdaq, adopts ASX-aligned bylaws, moves to sole ASX listing
Common stock delisted from Nasdaq on Nov 13, 2025, following Form 25 filed Nov 3, 2025.
Light & Wonder reports October 2025 CDI movements: net increase of 5.8M CDIs on ASX
ASX-quoted CDIs increased by 5,788,406 to 38,661,401 as of Oct 31, 2025.
Light & Wonder Q3 net income +78% to $114M; AEBITDA +18% to $375M
Consolidated revenue $841M (+3% YoY); Net income $114M (up 78%); EPS $1.34 (up 89%).
Susan Dawson appointed Corporate Secretary effective October 30, 2025.
Light & Wonder sets Nasdaq delisting effective Nov 13; sole ASX listing starts Nov 14
Form 25 filed Nov 3; last Nasdaq trade Nov 12; delisting effective before open Nov 13.
Light & Wonder reports September CDI and common stock changes in ASX filing
CDIs on ASX rose to 32,872,995, net increase of 2,199,191 from prior month.
Light & Wonder closes $1B 6.250% senior notes due 2033; to redeem $700M 2028 notes
Issued $1B in 6.250% senior unsecured notes due 2033 at par; guaranteed by Light & Wonder and certain subsidiaries.
Light & Wonder CDIs fall to 30.67M, common stock 52.63M in August ASX filing
ASX-quoted CDIs totaled 30,673,804 at August 31, 2025, down 49,698 from prior month.
Light & Wonder subsidiary proposes $1B senior notes offering to refinance 2028 notes
Light and Wonder International proposes $1B senior unsecured notes due 2033; no coupon disclosed.
Light & Wonder subsidiary prices $1B of 6.250% senior notes due 2033
Subsidiary Light and Wonder International prices $1B of 6.250% senior unsecured notes due 2033 at 100%.
Light & Wonder reports July CDI and common stock changes to ASX
Net CDIs quoted on ASX decreased by 595,032 to 30,723,502 at July end.
Light & Wonder Q2 net income +16%; plans Nasdaq delisting, sole ASX listing; boosts buyback
Revenue $809M (-1% YoY), net income $95M (+16%), Consolidated AEBITDA $352M (+7%).
Light & Wonder ASX CDIs down 1.62M in June; common stock up on RSU vesting
ASX-quoted CDIs decreased by 1,623,749 to 31,318,534 at June 30, 2025.
Light & Wonder EVP/CLO James Sottile to retire Dec 31, 2025; Susan Dawson named successor
James Sottile will retire as EVP/CLO/Corporate Secretary effective Dec 31, 2025.
LNW shareholders approve increase in 2003 Plan shares by 2.3M; all director nominees elected
Proposal 3 (2003 Plan amendment) passed with 55.6M for, 13.7M against, 33.6K abstain; 2.3M shares added.
Light & Wonder completes $850M acquisition of Grover Gaming, financed with $800M term loan
Acquired Grover Gaming charitable gaming business for $850M cash, plus up to $200M four-year earn-out.
Susan Dawson, the Company’s current Senior Vice President and Deputy General Counsel, will succeed Mr. Sottile and assume the role of CLO and Corporate Secretary upon his retirement.
On June 16, 2025, James Sottile notified Light & Wonder, Inc. (the “ Company ”) that he will retire from the Company, and that his last day of service as the Company’s Executive Vice President, Chief Legal Officer (“ CLO ”) and Corporate Secretary, will be December 31, 2025.
Max materiality 0.85 · Median 0.60 · Most common event other_material