Light & Wonder said its common stock will leave Nasdaq on 13 November as it moves to a sole primary listing on the Australian Securities Exchange. Nasdaq is expected to suspend trading after the market closes on 12 November, and the company said it would submit its Form 25 to the SEC on 3 November.
The scheduled delisting sets the timetable for investors as Light & Wonder consolidates its primary listing on the ASX.
Quarter ended 30 September 2026
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Jefferies analyst Kai Erman said SciPlay’s performance is an investor concern for Light & Wonder, while expecting the unit to be no greater an impediment in 2027 than in 2026. Erman considered 6% revenue growth for SciPlay optimistic against Light & Wonder’s expectation that it would grow more slowly than the wider market, and said a turnaround could take up to a year.
The pace of gambling revenue growth and the drag from Light & Wonder's SciPlay social-casino unit were investor concerns, according to Jefferies Equity Research analyst Kai Erman. He acknowledged uncertainty around SciPlay but thought it unlikely to pose more of an impediment in 2027 than in 2026.
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%.
Stakelogic added a selection of its slots to CasinoBarcelona.es, the online platform of Casino Barcelona, through Light & Wonder’s aggregation platform, the companies said. The platform belongs to Casinos Grup Peralada; the source also reports that Stakelogic games reached Gran Madrid Casino Online and Luckia during 2026 through the same aggregator.
Light & Wonder said it installed its first slot machines using RapidPlay at Crystal Bay Casino in Nevada in October 2026. Koin Payments powers the pay-by-bank system, which lets players transfer funds from a bank account to a machine; Light & Wonder plans further Nevada deployments in the coming months.
Light & Wonder presented FIREBIRD, a new cabinet with a 55-inch main screen, a 32-inch upper screen, MLED fire-effect lighting and 3D audio, at G2E Las Vegas 2026, the company said. The launch sits alongside new hardware including COSMIC HALO and LIGHTWAVE SOLAR, and licensed game titles such as KONG: SKULL ISLAND UNCHAINED.