Avanti Studios announced a distribution agreement with Light & Wonder for its live casino content across regulated markets, with launches planned in Spain and Brazil. The companies said the arrangement will also cover operators across EMEA and Canada.
The agreement gives Light & Wonder distribution rights for Avanti Studios’ live casino content in several regulated markets.
Quarter ended 30 September 2026
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Light & Wonder said it reduced debt by AU$153 million during its third quarter and is prioritising further debt reduction. CFO Oliver Chow said the company aims to lower leverage to three times cash flow by June 2027; recurring revenue represented 67% of total revenue, while systems sales fell 24%.
Chief executive Matt Wilson closed Light & Wonder's third-quarter earnings call late on Wednesday, describing "an eventful quarter". Among the financial results, Wilson highlighted a debt reduction of AU$153 million ($107.7 million). Fitch Ratings upgraded Light & Wonder's outlook to "Positive", and this was given particular emphasis.
Light & Wonder reported consolidated revenue of $2.44bn for the first nine months of 2026, up 0.7% year on year. The available report text does not provide further results detail.
Light & Wonder reported consolidated revenue of $2.44bn for the first nine months of 2026, an increase of 0.7%.
Light & Wonder reported third-quarter net income of US$133 million, up 16.7% year on year, on revenue of US$824 million, down 2.0%. The company also appointed Matthieu Labbat chief executive of SciPlay, effective immediately; Labbat previously led Product Madness at Aristocrat Leisure.
Light & Wonder reported third-quarter net income of US$133m, up 16.7% year on year. Revenue for the three months to 30 September was US$824m, down 2.0%, the company said in a Wednesday announcement.
Play’n GO is reportedly preparing for a possible sale to a major regulated gaming business, with sources describing a potential deal in the hundreds of millions of euros. Chief executive Johan Törnqvist declined to comment; Aristocrat, Genting and Light & Wonder were mentioned as possible buyers, not confirmed bidders.
Play’n GO is reportedly exploring a sale to a major regulated gaming business. Sources reportedly said a deal could be worth hundreds of millions of euros. When contacted, co-founder and chief executive Johan Törnqvist replied: "No comment."
Stakelogic added a selection of its slots to CasinoBarcelona.es, the online platform of Casino Barcelona, through Light & Wonder’s aggregation platform, the companies said. The platform belongs to Casinos Grup Peralada; the source also reports that Stakelogic games reached Gran Madrid Casino Online and Luckia during 2026 through the same aggregator.
Stakelogic has added a selection of its slots to CasinoBarcelona.es, the online gaming platform of Casino Barcelona, which belongs to Casinos Grup Peralada, through Light & Wonder's aggregation platform.