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Grover Gaming and G2 Gaming complete asset sale to Light & Wonder for up to $1.05bn

Deals & M&A

Grover Gaming and G2 Gaming completed the sale of charitable gaming assets to Light & Wonder on 19 May, the companies said. Light & Wonder paid $850m on 16 May, with up to $200m more contingent on financial targets being met by 2028. About 120 Grover Gaming employees will move to Light & Wonder.

The sale transfers charitable gaming assets and employees to Light & Wonder, while part of the price depends on financial targets.

End-of-day close Light & Wonder (LNW), AUD, to 3 July 2025
Story date4 April 20253 July 2025

Latest reported results

Light & Wonder ASX: LNW

Quarter ended 30 September 2026

Revenue
USD 824.0m10-Q filing 0000750004-26-000047
Operating income
USD 242.0m10-Q filing 0000750004-26-000047

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Deals & M&A

Hard Rock Bet adds 29 casino games in New Jersey and Michigan

Reportedly, Hard Rock Bet expanded its online casino offering with 29 games across New Jersey and Michigan at September’s close. The additions bring its respective catalogues to 4,718 and 4,398 titles.

Hard Rock Bet added 29 slots and casino games to its real-money online casino offerings in New Jersey and Michigan, the company said. The additions bring the New Jersey catalogue to 4,718 titles and the Michigan catalogue to 4,398 titles.

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