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
Light & Wonder Chairman and Vice Chair to exercise vested options
Jamie Odell (Chair) and Toni Korsanos (Vice Chair) intend to exercise vested options on a cashless basis.
All nine director nominees elected; highest vote against was Hamish R. McLennan with 6.6M withheld (~12.6% of votes cast).
Light & Wonder reaffirms 2026 AEBITDA growth, targets $2B by 2028; $1.9B in buybacks
Chairman Jamie Odell highlights transformation: $1.9B share buyback repurchasing ~25% of outstanding shares since March 2022.
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.
Light & Wonder Q1 2025: Gaming rev $495M (+4% YoY), SciPlay rev $202M (-2% YoY), $166M buyback
Gaming segment revenue $495M (+4% YoY) with AEBITDA +9% and 200bps margin expansion; North American premium installed base grew for 19th consecutive quarter.
Light & Wonder reports April 2025 ASX CDI increase of 5.38M; common stock down 6.02M
CDIs on ASX increased by 5,380,921 to 31,838,568 as of April 30, 2025, due to net transfers from common stock.
Light & Wonder reports March 2025 CDI and common stock changes on ASX
As of March 31, 2025, CDIs quoted on ASX totaled 26,457,647, up 72,681 from February.
Light & Wonder reports February CDI count up 593,664; common stock down 1,229,493
Total ASX-quoted CDIs at February 2025 month-end: 26,384,966, a net increase of 593,664.
Record FY24 consolidated revenue $3.2B, +10% YoY; Gaming $2.1B (+12%), SciPlay $821M (+6%), iGaming $299M (+9%).
Light & Wonder to acquire Grover Gaming charitable assets for $850M cash, plus up to $200M earn-out
$850M upfront cash consideration; earn-out up to $200M over 4 years based on revenue/business expansion.
Light & Wonder reports January share count changes: CDIs down 281k, common stock down 892k
CDIs quoted on ASX decreased by 280,649 to 25,791,302 at January 2025 month-end.
Light & Wonder ups revolving credit facility to $1.0B, extends maturity to 2030, reduces margins
Revolving commitments increased to $1.0B from $750M; maturity extended to Feb 10, 2030.
Light & Wonder discloses Dec CDI decrease of 376,363 and common stock decrease of 603,017
Dec 2024 CDIs on ASX: 26,071,951, a net decrease of 376,363.
Light & Wonder reports monthly ASX CDI and common stock changes for Nov 2024
CDIs quoted on ASX increased by 981,430 to 26,448,314 as of Nov 2024.
Light & Wonder Q3 revenue up 12% YoY; reaffirms FY2025 AEBITDA target of $1.4B
Consolidated revenue grew 12% YoY; Gaming rev $537M (+15%), SciPlay $206M (+5%), iGaming $74M (+6%).
Light & Wonder files monthly CDI/stock update with ASX for October 2024
CDIs quoted on ASX rose by 678,695 to 25,466,884 at month-end October.
LNW reports net increase of 726,982 CDIs on ASX during September 2024
Total CDIs quoted on ASX at September end: 24,788,189, up from 24,061,207 in prior month.
Light & Wonder to remove ~2,200 Dragon Train units; reaffirms $1.4B 2025 AEBITDA target
Court order requires removal of Dragon Train; ~2,200 of 33,000 leased NA units affected.
Light & Wonder receives preliminary injunction on Dragon Train game; reaffirms 2025 $1.4B AEBITDA
U.S. District Court for Nevada grants Aristocrat preliminary injunction against L&W's Dragon Train game; L&W will appeal.
Light & Wonder reports August CDI and share count changes
ASX-quoted CDIs rose 878,102 to 24,061,207 as of August 31, 2024.
Light & Wonder provides ASX monthly CDI statement for July 2024
Total CDIs quoted on ASX at July end: 23,183,105, up 686,402 from prior month.
Light & Wonder Q2 revenue $818M (+12%), net income $82M vs $5M; new $1B buyback
Consolidated Q2 revenue $818M (+12% YoY); net income $82M vs $5M a year ago.
Light & Wonder refinances $2.16B in term loans, reduces margin to SOFR+2.25%
Created new $2,161,582,500 Term B-2 loan tranche due April 14, 2029, replacing existing Term B-1 loans.
ASX-quoted CDIs increased by 635,271 to 22,496,703 as of June 2024.
Light & Wonder Board authorizes new $1B share buyback through June 2027
Prior $750M program exhausted; purchased 11.2M shares (11.5% of outstanding) at avg $66.72, a 28% discount to $92.35 close.
Light & Wonder holds annual meeting; reports share repurchase activity in ASX filing
All 9 director nominees elected; say-on-pay approved with 96.9% of votes cast; Deloitte & Touche ratified as auditor.
Light & Wonder reports April CDI increase of 1.5M; common stock down 1.75M
CDIs quoted on ASX rose by 1,495,444 to 19,056,099 at April 30, 2024.
Light & Wonder Q1 revenue up 13% to $756M; all segments post double-digit growth
Gaming revenue $476M (+14% YoY) driven by 30% increase in global Gaming machine sales.
Light & Wonder reports monthly CDI movement for March 2024
CDIs quoted on ASX decreased by 97,549 to 17,560,655, due to net transfers to common stock.
Light & Wonder reports February CDI increase of 2.12M from common stock transfers
ASX-quoted CDIs rose to 17,658,204, up 2,119,647 from prior month.
Light & Wonder Q4 revenue $770M (+13%), net income $67M; full year record $2.9B
Q4 revenue $770M (+13% YoY); full year revenue $2.9B (+16% YoY), both records.
Light & Wonder files monthly ASX CDI statement; shares outstanding up 750k
Total ASX-quoted CDIs at Jan 2024 end: 15,538,557, up 270,617 from Dec.
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.
elected Michael Marchetti as a director of the Company to fill the resulting vacancy, each effective January 15, 2024.
Effective December 13, 2023, Light & Wonder, Inc. (the “Company”) appointed Oliver Chow as the Company’s Executive Vice President, Chief Financial Officer (“CFO”) and Treasurer.
Effective August 25, 2023, Light & Wonder, Inc. (the “Company”) has named Vanja Kalabic as its Chief Accounting Officer.
On August 23, 2023, the Compensation Committee of the Company’s Board of Directors approved the following compensation arrangements with Mr. Chow in connection with his appointment as the Company’s interim Chief Financial Officer, effective as of August 25, 2023
Effective as of the Transition Date, Oliver Chow, the Company’s current Senior Vice President of Corporate Finance, will assume the role of interim CFO and principal accounting officer
On June 27, 2023, Constance P. James notified Light & Wonder, Inc. (the “Company”) that she will resign as its Executive Vice President, Chief Financial Officer (“CFO”), Treasurer and Corporate Secretary and principal accounting officer, effective as of August 25, 2023
Ms. Siobhan Lane was appointed Executive Vice President and Group Chief Executive of Gaming, as of the Effective Date.
appointed Matthew Wilson the Company’s President and Chief Executive Officer
elected Mr. Wilson as a director of the Company
Effective as of the Transition Date, the Board has appointed Matt Wilson, Executive Vice President and Group Chief Executive of Gaming, to the additional role of interim President and Chief Executive Officer.
Max materiality 0.85 · Median 0.53 · Most common event other