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 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%).
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 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 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 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 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