Light & Wonder, Inc. shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2026 at the 2026-06-10 meeting.
“Proposal 5: Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2026 For Against Abstain 50,325,283 3,530,235 163,174”
Shareholder Votes
Light & Wonder, Inc. shareholders approved Approval of the Aggregate Annual Amount that May Be Paid or Granted as the Company’s Non-Employee Director Compensation (Cash and Equity) Pursuant to and in Accordance with ASX Listing Rule 10.17 at the 2026-06-10 meeting.
“Proposal 4: Approval of the Aggregate Annual Amount that May Be Paid or Granted as the Company’s Non-Employee Director Compensation (Cash and Equity) Pursuant to and in Accordance with ASX Listing Rule 10.17 For Against Abstain Broker Non-Votes 41,382,945 10,484,486 177,790 1,879,973”
Shareholder Votes
Light & Wonder, Inc. shareholders approved Approval of 2026 Long-Term Incentive Equity Grants to the Company’s Director-CEO Pursuant to and in Accordance with ASX Listing Rule 10.14 at the 2026-06-10 meeting.
“Proposal 3: Approval of 2026 Long-Term Incentive Equity Grants to the Company’s Director-CEO Pursuant to and in Accordance with ASX Listing Rule 10.14 For Against Abstain Broker Non-Votes 48,066,016 3,904,727 167,976 1,879,973”
Shareholder Votes
Light & Wonder, Inc. shareholders approved Approval, on an Advisory Basis, of the Compensation of the Company’s Named Executive Officers at the 2026-06-10 meeting.
“Proposal 2: Approval, on an Advisory Basis, of the Compensation of the Company’s Named Executive Officers For Against Abstain Broker Non-Votes 48,053,880 3,941,357 143,482 1,879,973”
Shareholder Votes
Light & Wonder, Inc. shareholders approved Election of Directors at the 2026-06-10 meeting.
“Proposal 1: Election of Directors For Withheld Broker Non-Votes Jamie R. Odell 50,002,185 2,136,534 1,879,973 Matthew R. Wilson 51,916,607 222,112 1,879,973 Antonia Korsanos 50,961,176 1,177,543 1,879,973 Michael Marchetti 51,912,647 226,072 1,879,973 Hamish R. McLennan 45,552,916 6,585,803 1,879,973 Stephen Morro 51,913,623 225,096 1,879,973 Virginia E. Shanks 51,917,023 221,696 1,879,973 Timothy Throsby 51,844,937 293,782 1,879,973 Kneeland C. Youngblood 46,817,488 5,321,231 1,879,973”
Earnings Releases
Light & Wonder, Inc. reported first quarter ended March 31, 2026 results: revenue $790 million, net income $52 million, EPS $0.66 per share.
“demonstrating resilience against a backdrop of macroeconomic and geopolitical uncertainty, including tariff-related pressures. Consolidated revenue grew 2% year-over-year to $790 million, against a strong prior year period. We continue to execute against our commitment to deliver enhanced quality of earnings through recurring revenue (4) , with Gaming operations”
Material Agreements
Light & Wonder, Inc. amended Credit Agreement with JPMorgan Chase Bank, N.A. valued at New tranche of $2,134,562,718.75 term loans; interest rate reductions to 2.00% (term benchmark) and (effective 2026-01-22).
“On January 22, 2026, Light and Wonder International, Inc. (" L&WI "), a Delaware corporation and wholly owned subsidiary of Light & Wonder, Inc., a Nevada corporation (the " Company "), entered into that certain Amendment No. 4 (" Amendment No. 4 ") to the Credit Agreement dated April 14, 2022 by and among the Company, L&WI, the several banks and other financial institutions or entities from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent, collateral agent, issuing lender and swingline lender (as amended by the Amendment No. 1, dated as of January 16, 2024, as further amended by the Amendment No. 2, dated as of July 17, 2024, as further amended by the Amendment No. 3, dated as of February 10, 2025, and as further amended, supplemented, amended and restated or otherwise modified from time to time, the " Credit Agreement ").”
Governance Changes
Light & Wonder, Inc.: Adopted Fourth Amended and Restated Bylaws to align with ASX listing rules, modify voting standard, conform exclusive forum provisions, change default to uncertificated shares, and make other clarifying changes (effective 2025-11-13).
“the Company’s Board of Directors approved an amendment and restatement of the Company’s Third Amended and Restated Bylaws (the “Fourth Amended and Restated Bylaws”), effective November 13, 2025”
Susan Dawson was appointed as Chief Legal Officer and Corporate Secretary at Light & Wonder, Inc..
“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.”
James Sottile departed as Executive Vice President, Chief Legal Officer and Corporate Secretary at Light & Wonder, Inc..
“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.”
Earnings Releases
Light & Wonder, Inc. reported three months ended March 31, 2024 results: revenue $756, net income 82.
“SUMMARY RESULTS Three Months Ended March 31, ($ in millions) 2024 2023 Revenue $ 756 $ 670 Net income 82 27”
Earnings Releases
Light & Wonder, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2023.
“Light & Wonder, Inc. (the “Company”) issued a press release announcing, among other things, results for the three months and year ended December 31, 2023.”
Material Agreements
Light & Wonder, Inc. amended Amendment No. 1 with JPMorgan Chase Bank, N.A. and other lenders valued at $2,167.0 million (effective 2024-01-16).
“On January 16, 2024, Light and Wonder International, Inc. (“ L&WI ”), a Delaware corporation and wholly owned subsidiary of Light & Wonder, Inc., a Nevada corporation (the “ Company ”), entered into Amendment No. 1 (“ Amendment No. 1 ”) to the Credit Agreement dated April 14, 2022 (as amended, supplemented, amended and restated or otherwise modified from time to time, the “ Credit Agreement ”), by and among the Company, L&WI, the several banks and other financial institutions or entities from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent, collateral agent, issuing lender and swingline lender (as amended, supplemented, amended and restated or otherwise modified from time to time, the “ Credit Agreement ”). Amendment No. 1, among other things, (i) creates a new tranche of $2,167.0 million term loans under the Credit Agreement due April 14, 2029 to replace the existing term loans and (ii) reduces the applicable margin for the term loans bearing interest”
Michael Marchetti was elected as director at Light & Wonder, Inc..
“elected Michael Marchetti as a director of the Company to fill the resulting vacancy, each effective January 15, 2024.”
Oliver Chow was appointed as Executive Vice President, Chief Financial Officer and Treasurer at Light & Wonder, Inc..
“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.”
Earnings Releases
Light & Wonder, Inc. reported the three and nine months ended September 30, 2023 results: revenue $731, net income 80.
“referred to as the “Divestitures”) as discontinued operations. Three Months Ended September 30, Nine Months Ended September 30, ($ in millions) 2023 2022 2023 2022 Revenue $ 731 $ 648 $ 2,131 $ 1,830 Net income (loss) 80 20 112 (197) Net income attributable to L&W (3) 75 328 96 3,645 Net cash provided by (used in) operating activities (3) 204 (351) 423”
M&A Transactions
Light & Wonder, Inc. completed an acquisition involving SciPlay Corporation for $22.95 in cash (closed 2023-10-23).
“At the Effective Time, pursuant to the terms of, and subject to the conditions set forth in, the Merger Agreement and in accordance with the laws of the State of Nevada: (i) each share of Class A common stock, par value $0.001 per share, of SciPlay (the “ SciPlay Class A Common Stock ”) issued and outstanding immediately prior to the Effective Time (other than any Excluded Shares (as defined below)) was converted automatically into the right to receive $22.95 in cash, without interest (the “ Merger Consideration ”)”
Material Agreements
Light & Wonder, Inc. entered into Waiver under Tax Receivable Agreement with SciPlay Parent Company, LLC; LNW Social Holding Company I, LLC valued at Waived rights under Section 4.1(b) of TRA to prevent acceleration of payment obligations (effective 2023-10-23).
“each of SciPlay, SciPlay Parent Company, LLC, a Nevada limited liability company (“ SciPlay Parent LLC ”), and LNW Social Holding Company I, LLC, a Nevada limited liability company (“ LNW Social Holding ”), delivered a Waiver (collectively, the “ Waivers ”) to the other parties to, and in respect of, that certain Tax Receivable Agreement (the “ TRA ”), dated as of May 7, 2019, by and among SciPlay, SciPlay Parent LLC and LNW Social Holding”
Vanja Kalabic was named as Chief Accounting Officer at Light & Wonder, Inc..
“Effective August 25, 2023, Light & Wonder, Inc. (the “Company”) has named Vanja Kalabic as its Chief Accounting Officer.”
Oliver Chow was appointed as interim Chief Financial Officer at Light & Wonder, Inc..
“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”
Material Agreements
Light & Wonder, Inc. entered into Indenture with Deutsche Bank Trust Company Americas valued at $550,000,000 aggregate principal amount of 7.500% senior unsecured notes due 2031 (effective 2023-08-23).
“On August 23, 2023, Light and Wonder International, Inc. (“ LNWI ”), a wholly owned subsidiary of Light & Wonder, Inc. (the “ Company ”), issued $550.0 million in aggregate principal amount of senior unsecured notes due 2031 (the “ Notes ”) in a private offering to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “ Securities Act ”), and to non-U.S. persons under Regulation S under the Securities Act.”
Earnings Releases
Light & Wonder, Inc. reported financial results for the second quarter ended June 30, 2023.
“On August 8, 2023, Light & Wonder, Inc. (the “Company”) issued a press release announcing, among other things, results for the three and six months ended June 30, 2023.”
Material Agreements
Light & Wonder, Inc. entered into Agreement and Plan of Merger with SciPlay Corporation valued at SciPlay stockholders to receive $22.95 per share in cash (effective 2023-08-08).
“On August 8, 2023 , Light & Wonder, Inc., a Nevada corporation (“ Light & Wonder ”), SciPlay Corporation, a Nevada corporation (“ SciPlay ”), and Bern Merger Sub, Inc., a Nevada corporation and a wholly owned subsidiary of Light & Wonder (“ Merger Sub ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”)”
Oliver Chow was appointed as interim Chief Financial Officer and principal accounting officer at Light & Wonder, Inc..
“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”
Constance P. James departed as Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary at Light & Wonder, Inc..
“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”
Shareholder Votes
Light & Wonder, Inc. shareholders approved Advisory vote on frequency of executive compensation votes.
“the frequency of future advisory votes on the compensation of the Company’s named executive officers”
Shareholder Votes
Light & Wonder, Inc. shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2023 at the 2023-06-07 meeting.
“Proposal 4: Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2023 For Against Abstain 76,124,884 1,507,720 25,288”
Shareholder Votes
Light & Wonder, Inc. shareholders approved Indication, on an Advisory Basis, Frequency of Future Advisory Votes on Named Executive Officer Compensation at the 2023-06-07 meeting.
“Proposal 3: Indication, on an Advisory Basis, Frequency of Future Advisory Votes on Named Executive Officer Compensation 1 Year 2 Years 3 Years Abstain 69,431,093 8,440 1,235,731 41,565”
Shareholder Votes
Light & Wonder, Inc. shareholders approved Approval, on an Advisory Basis, of the Compensation of the Company's Named Executive Officers at the 2023-06-07 meeting.
“Proposal 2: Approval, on an Advisory Basis, of the Compensation of the Company’s Named Executive Officers For Against Abstain Broker Non-Votes 64,484,896 6,189,348 42,585 6,941,063”
Shareholder Votes
Light & Wonder, Inc. shareholders approved Election of Directors at the 2023-06-07 meeting.
“Proposal 1: Election of Directors For Withheld Broker Non-Votes Jamie R. Odell 69,762,698 954,131 6,941,063”
Earnings Releases
Light & Wonder, Inc. reported financial results for the first quarter ended March 31, 2023.
“Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder,” “L&W,” or the “Company”) today reported results for the first quarter ended March 31, 2023.”
Earnings Releases
Light & Wonder, Inc. reported the three months and year ended December 31, 2022 results: revenue $682, net income 21.
“operations, which include its Gaming, SciPlay and iGaming businesses. Three Months Ended December 31, Year Ended December 31, ($ in millions) 2022 2021 2022 2021 Revenue $ 682 $ 580 $ 2,512 $ 2,153 Net income (loss) 21 62 (176) 24 Combined net cash (used in) provided by operating activities (87) 226 (381) 685 Capital expenditures 58 53 216 171”
Earnings Releases
Light & Wonder, Inc. reported financial results for the third quarter ended September 30, 2022.
“Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder,” “L&W,” or the “Company”) today reported results for the third quarter ended September 30, 2022.”
Siobhan Lane was appointed as Executive Vice President and Group Chief Executive of Gaming at Light & Wonder, Inc..
“Ms. Siobhan Lane was appointed Executive Vice President and Group Chief Executive of Gaming, as of the Effective Date.”
Matthew Wilson was elected as Director at Light & Wonder, Inc..
“elected Mr. Wilson as a director of the Company”
Matthew Wilson was appointed as President and Chief Executive Officer at Light & Wonder, Inc..
“appointed Matthew Wilson the Company’s President and Chief Executive Officer”
Matt Wilson was appointed as Interim President and Chief Executive Officer at Light & Wonder, Inc..
“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.”
Jamie Cottle resigned as President and Chief Executive Officer at Light & Wonder, Inc..
“Mr. Cottle has informed the Board of Directors (the “Board”) of Light & Wonder, Inc. (the “Company”) that he will resign as President and Chief Executive Officer and as a member of the Board, in each case, effective as of August 30, 2022 (the “Transition Date”).”
Stephen Morro was elected as Director at Light & Wonder, Inc..
“On August 4, 2022, the Board of Directors (the “Board”) of the Company elected Stephen Morro as a director of the Company, effective August 9, 2022.”
Jack A. Markell resigned as Director at Light & Wonder, Inc..
“On December 21, 2021, Mr. Jack A. Markell advised Scientific Games Corporation (the “Company”) that he will resign from the Company’s Board of Directors effective December 31, 2021 to serve as the U.S. Representative to the Organisation for Economic Co-operation and Development, with the rank of Ambassador.”
Constance P. James changed role as Principal Accounting Officer at Light & Wonder, Inc..
“Constance P. James, the Company’s Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary, will serve as the Company’s principal accounting officer effective as of the Separation Date.”
Michael F. Winterscheidt departed as Senior Vice President and Chief Accounting Officer at Light & Wonder, Inc..
“will leave his full-time position as Senior Vice President and Chief Accounting Officer and transition to a consulting role effective upon the close of business on November 30, 2021”
Michael C. Eklund resigned as Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary at Light & Wonder, Inc..
“Mr. Eklund’s employment with the Company will terminate as of such date.”
Constance P. James was appointed as Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary at Light & Wonder, Inc..
“Constance P. James, 39, the Company’s Chief Financial Officer, Gaming, will succeed Michael C. Eklund as Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary of the Company, effective October 15, 2021”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.