Company continues to define the next generation
of connected, cross-platform play, paving the way for the future of
gameplay
New high-performing hardware, systems and
digital offerings take player attraction and engagement to
atmospheric levels
Recent acquisition of leading loyalty and
marketing software and technology from House Advantage to further
advance L&W’s cross-platform vision
Leading cross-platform global games company Light & Wonder,
Inc. (NASDAQ: LNW) (“Light & Wonder,” “L&W” or the
“Company”) today announced new products at this year’s Global
Gaming Expo (“G2E”) that will bring wide-eyed wonder to players,
customers and operators around the world. New products unveiled at
G2E included COSMIC™, the Company’s newest slot cabinet and
latest hardware innovation; THE CARD RECYCLER™, a
sustainable solution for operators; Light & Wonder
LIVE DEALER by Authentic Gaming, a live casino experience;
and enhancements to its industry-leading suite of systems.
L&W’s new products and innovations presented at G2E address
the shift in player behavior. The movement in gameplay to immersive
and connected offerings underscores the Company’s focus on building
great games that the world wants to play across multiple platforms
– land-based casinos, online and mobile – in both real-money and
free-to-play social gaming markets.
“Over the past seven months, Light & Wonder has transformed
from a diversified business to a company focused solely on
cross-platform gaming and enabling technologies,” said Matt Wilson,
CEO of Light & Wonder. “The new products we announced today
will enable us to continue to lead the way. By investing in
next-level experiences, content, technology, systems, hit studios
and platforms that redefine gaming, we remain committed to
delivering great games the world wants to play.”
Endless fun for players, wherever and whenever they play
COSMIC, a new slot cabinet, offers players an immersive experience
with revolutionary fiber-optic lighting and advanced animations.
The cabinet’s innovative contour design features a 27” top monitor
display that flows seamlessly into the player panel, which includes
the brightest bash buttons ever developed by L&W. COSMIC is the
latest addition to the company’s chart-topping hardware lineup,
joining KASCADA™ Dual Screen and its newest stepper cabinet,
LANDMARK™ 7000.
The next generation of electronic table games will give players
a live connection to the internet, bringing exciting casino
experiences across any device. Light & Wonder LIVE DEALER by
Authentic Gaming offers such an experience, using a bespoke studio
environment to provide a wide selection of shared live tables
available to all operators. Graphical elements, UIs and side bets
can all be customized to each operator’s brand and players.
Wide-area progressive jackpots are now being made available to
U.S. iGaming operators, premiering with the player-favorite DUŌ FÚ
DUŌ CÁI™ game, 88 FORTUNES™ - JACKPOT FESTIVAL™, which features a
recognizable symbol-based mechanic like the Light & Wonder
land-based game.
“We know player behavior is changing, and we are passionate
about bringing players the best digital experiences, no matter
where they are,” said Dylan Slaney, EVP and CEO of iGaming, Light
& Wonder. “With our recent acquisition of Playzido we are
rigged for pace, accelerating our rapid custom game development for
both in-house games and with our partners globally. Our other
acquisitions, Elk Studios and Lightning Box Games, are consistently
delivering and growing, with Elk preparing for U.S. licensing for
launch and Lightning Box building on their 57% year on year growth.
Light & Wonder continues to raise the bar for our fans,
enriching their gameplay experience and bringing exciting, new
worlds of play – all on the world’s most trusted iGaming
ecosystem.”
Light & Wonder is also bringing its popular and top
performing ETG game ROULETTEX™ to a standard roulette table.
ROULETTEX offers players a supercharged roulette experience that
keeps them coming back for more by allowing them to choose their
own level of volatility and the chance to win up to 500 times the
value of their wager on a single number. The game is now available
on QUARTZ™ Hybrid, QUARTZ Standalone, TABLEMASTER™ QUARTZ and
traditional felt.
Delivering industry-leading products to modernize and
popularize the casino floor The Company’s full suite of
high-tech solutions and systems enables partners and casino
operators to gather valuable, real-time insights into their casino
floor activity.
“The ingenuity powering our program is unparalleled,” said
Siobhan Lane, Light & Wonder CEO of Gaming. “We remain totally
focused on fostering inclusive, high-performing experiences across
our product line. As the only company with leading market positions
in gaming, iGaming and social, we will continue to break barriers
in the cross-platform space.”
Light & Wonder is also unveiling some exciting innovations
in systems, technologies and shufflers:
- THE CARD RECYCLER: A smart utility that analyzes used
cards for defects while simultaneously discarding damaged cards and
recycling reusable cards into complete, casino-standard decks. This
sustainable solution enables casino operators to minimize labor
costs, cut annual card costs, reduce carbon footprint and maximize
card supply.
- L&W Connect: The most established predictive
analytical solution in the industry, with Slot Connect pulling data
from more than 100 customer sites and sharing analysis to customers
via a customer portal; and Shuffle Connect, a solution that taps
into the shuffler and the smart shoe to count the number of hands
dealt by table and time of day, giving casino managers a functional
picture of their table game activity.
- Celebrity Celebration: an enhancement to the bonusing
system that gives operators the ability to send a personalized
video message to winners on the slot floor.
- AToM™: An easy, point-of-play PIN debit
solution that allows players to access funds without leaving the
table or handling cash. AToM promotes increased player retention
and provides real-time accounting and game reports.
- Linux operating system for iVIEW™ 4: improves
cyber security on the casino network; and iVIEW Guard, a
premium subscription service that provides active threat detection
on the casino floor offered by a class-leading supplier of
end-point protection.
Enhancing the player journey across all touchpoints
Additionally, heading into G2E, L&W recently announced that it
had acquired all of the assets of House Advantage (HA), a leading
loyalty and marketing software and technology provider known for
its core platform, “HALo.” “The addition of HA’s industry-leading
software and technology solutions allows us to capitalize on the
growing convergence of digital and land-based gaming,” said Matt
Wilson, CEO of Light & Wonder. “With HALo, we gain a powerful
omnichannel player loyalty solution that complements our current
product family and enables us to deliver a truly differentiated
offering. We look forward to highlighting this new offering with
customers during G2E and beyond.”
For more information about Light & Wonder, visit
www.lnw.com.
© 2022 Light & Wonder, Inc. or one of its subsidiaries. All
rights reserved.
About Light & Wonder, Inc. Light & Wonder, Inc.
(formerly known as Scientific Games Corporation) is the global
leader in cross-platform games and entertainment. Light &
Wonder brings together approximately 6,000 employees from six
continents to connect content between land-based and digital
channels with unmatched technology and distribution. Guided by a
culture that values daring teamwork and creativity, the Company
builds new worlds of play, developing game experiences loved by
players around the globe. Its OpenGaming™ platform powers the
largest digital-gaming network in the industry. The Company is
committed to the highest standards of integrity, from promoting
player responsibility to implementing sustainable practices. To
learn more, visit lnw.com.
Forward-Looking Statements In this press release, Light
& Wonder makes "forward-looking statements" within the meaning
of the U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements can be identified by words such as
"will," "may," and "should." These statements are based upon
management's current expectations, assumptions and estimates and
are not guarantees of timing, future results, or performance.
Therefore, you should not rely on any of these forward-looking
statements as predictions of future events. Actual results may
differ materially from those contemplated in these statements due
to a variety of risks, uncertainties and other factors, including
those factors described in Light & Wonder’s filings with the
Securities and Exchange Commission (the “SEC”), including its
current reports on Form 8-K, quarterly reports on Form 10-Q and its
annual report on Form 10-K that was filed with the SEC on March 1,
2022 (including under the headings "Forward-Looking Statements" and
"Risk Factors"). Forward-looking statements speak only as of the
date they are made and, except for Light & Wonder’s ongoing
obligations under the U.S. federal securities laws, Light &
Wonder undertakes no obligation to publicly update any
forward-looking statements whether as a result of new information,
future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20221010005848/en/
Media Inquiries: Media@lnw.com
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