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Light & Wonder agrees to pay Aristocrat $127.5m in Dragon Train settlement

Deals & M&A

Light & Wonder agreed to pay Aristocrat Leisure $127.5m to settle litigation over the Dragon Train game. It will stop selling Dragon Train and Jewel of the Dragon globally and make best efforts to remove existing installations; Aristocrat’s claims in the US and Australia will be dismissed under the agreement.

The settlement ends the dispute while requiring Light & Wonder to withdraw two games and pay compensation.

End-of-day close Light & Wonder (LNW), AUD, to 26 February 2026
Story date28 November 202526 February 2026

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

Aristocrat ASX: ALL

Quarter ended 30 September 2012

Revenue
AUD 261.5m

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