Supplier News
US – Light & Wonder delivers ten consecutive quarters of growth
By William - 10 November 2023
Light & Wonder has delivered ten consecutive quarters of consolidated revenue growth after recording a 13 per cent increase year-over-year in its latest results.
Light & Wonder’s gaming revenue increased to $465m in the quarter, up 11 per cent compared to the prior year period, primarily driven by robust gaming machine sales growth of 23 per cent in North America and international markets alongside continued momentum in gaming operations and table products.
SciPlay achieved another record revenue of $196m, a 15 per cent increase from the prior year period, driven by the core social casino business, maintaining strong payer metrics and once again outpacing the market and gaining share.
iGaming revenue increased 21 per cent, reflecting continued growth momentum in the U.S. and international markets.
“Our tremendous team at Light & Wonder continues to deliver exceptional results with double-digit growth across all three of our businesses for the fourth consecutive quarter.
“Additionally, we also reached two significant milestones, which included closing the SciPlay transaction and inclusion into the ASX 200 index in Australia,” commented Matt Wilson, President and Chief Executive Officer of Light & Wonder.
