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Light & Wonder acquires 20% stake in Bang Bang Games

Deals & M&A

Light & Wonder acquired a 20% equity stake in slot studio Bang Bang Games, according to the report. The deal’s terms were not disclosed, and Bang Bang said it would seek to strengthen its presence in the US.

The investment gives Light & Wonder an equity position in a studio seeking to expand in the US market.

End-of-day close Light & Wonder (LNW), AUD, to 6 June 2025
Story date10 March 20256 June 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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