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Light & Wonder reports $200m SciPlay revenue as US sweepstakes rules tighten

Results

Light & Wonder reported SciPlay revenue of $200 million for the second quarter of 2025, down 2% year on year, while adjusted EBITDA rose 6% to $74 million. Chief executive Matthew Wilson said the company had seen improved performance in states taking action against sweepstakes casinos and expected wider regulation to support social gaming. The source also reported that five states had passed prohibitions, with New Jersey’s measure due to take effect on 14 August unless signed by the governor earlier.

Sweepstakes restrictions may reduce competition and support social gaming, despite SciPlay revenue declining year on year.

End-of-day close Light & Wonder (LNW), AUD, to 19 September 2025
Story date23 June 202519 September 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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Light & Wonder reports Q1 revenue of $790m, up 2%

Light & Wonder reported consolidated revenue of $790m for the quarter ended 31 March, a 2% year-on-year increase. The gaming technology supplier said net income fell 37% to $52m, while adjusted EBITDA rose 5% to $327m; it linked the net income decline mainly to $50m in legal reserve contingencies related to legacy matters connected to compensation to Aristocrat.

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