Josh Wilson will leave his role as SciPlay chief executive on 30 October 2026, when his current contract ends, Light & Wonder said. CFO Oliver Chow will take interim executive oversight while the company searches for a successor; SciPlay’s remaining leadership team will continue running the business day to day.
The transition changes executive oversight at Light & Wonder’s social casino reporting segment.
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 revenue of $824m for Q3 2026, down 2% year on year, while adjusted EBITDA rose 2% to $383m. The company said iGaming revenue increased 13% to $97m, but SciPlay revenue declined 24% to $173m amid continued weakness in the social casino free-to-play market. Light & Wonder also named Matthieu Labbat chief executive of SciPlay, replacing Josh Wilson, who stepped down on 30 October.
Light & Wonder reported a 2% fall in revenue for Q3 2026. Revenue was $824m, against $841m in Q3 last year. Consolidated adjusted EBITDA rose 2% to $383m. Profitability was also higher than a year earlier.
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.
Light & Wonder reported adjusted net profit after tax of US$163 million for the three months to 30 September 2026, up 7% year on year. Revenue fell 2% to US$824 million, while iGaming revenue rose 13% to US$97 million and consolidated Adjusted EBITDA edged up to US$383 million. The company said it reduced debt by US$153 million during the quarter, leaving around US$5 billion outstanding.
It was reported that Wynn Palace’s second-quarter mass revenue rose 36.9%, with table hold of 29.7%. Drop increased 3%, prompting analysts to assess whether the revenue performance could persist.