Light & Wonder, (ASX: LNW) is an Australian-listed company in the Consumer Cyclical sector with a market capitalisation of $10.01B and the 74th-largest security on the ASX by market capitalisation. The LNW share price is $127.26, up 2.99% today. Shares have traded between $96.79 and $193.00 over the past 52 weeks. LNW trades on a price-to-earnings ratio of 39.21, above the Consumer Cyclical sector median of 10.95. In its most recent reported period (ending 31 Dec 2025), Light & Wonder, reported revenue of $890.0M and a net loss of $15.0M.
About Light & Wonder, Inc.
Light & Wonder, Inc. operates as a prominent global entertainment technology provider, specializing in cross-platform games. Its operations are organized into three distinct segments: Gaming, SciPlay, and iGaming. The Gaming segment offers a comprehensive array of products and services primarily to land-based casinos and other gaming entities. This includes the sale and leasing of physical gaming machines, such as video slots and lottery terminals, along with their associated game content, conversion kits, and spare parts. Additionally, this division delivers server-based gaming systems, electronic pull-tabs for charitable organizations, and robust casino-management software and hardware solutions. It also licenses proprietary table game content and supplies essential table products like automatic card shufflers, deck checkers, chip sorters, and other utilities to various commercial, tribal, and governmental gaming operators. The SciPlay segment is dedicated to the development, marketing, and operation of a rich portfolio of social casino-style games, accessible across numerous online platforms. Players engage with these titles by purchasing virtual coins, chips, or bingo cards. Through its iGaming segment, Light & Wonder provides an extensive suite of digital gaming content, distribution frameworks, and sophisticated player account management systems. A key offering here is the Open Platform System, which furnishes operators with a full spectrum of reporting and administrative tools to maintain absolute control over their digital gaming operations and other iGaming content and services. Established in 1984, Light & Wonder, Inc. maintains its corporate headquarters in Las Vegas, Nevada.
CEO
Matthew Richard Wilson
