Light & Wonder, Inc. develops technology-based products and services, and related content for the gaming, lottery, social and digital gaming industries in the United States and internationally. The company's Gaming segment sells new and used gaming machines, electronic table systems, video lottery terminals, conversion game kits, and spare parts; table products, including shufflers; and perpetual licenses to proprietary table games. It also supplies game content, gaming machines; provides table game products and services to licensed gaming entities; and installs and supports casino management systems, such as ongoing hardware and software maintenance and upgrade services of customer casino management systems. The company's SciPlay segment develops and publishes digital games on mobile and web platforms. It sells virtual coins, chips, or bingo cards, which players can use to play slot games, table games, or bingo games. Its iGaming segment provides a suite of digital gaming content, including digital real-money gaming, distribution platforms, content, products, and services. This segment also offers the Open Platform System, which offers a range of reporting and administrative functions and tools providing operators control over various areas of digital gaming operations. The company also offers software design, development, licensing, maintenance, support services, and technology solutions. Light & Wonder, Inc. was incorporated in 1984 and is based in Las Vegas, Nevada.
Company profile
Ticker
LNW, LAWIL
Exchange
Website
CEO
Mr. Matthew R. Wilson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
BEXY COMMUNICATIONS INC, CHENIERE ENERGY INC
SEC CIK
Corporate docs
Subsidiaries
2.Authentic Gaming Limited • 3.Authentic Gaming Malta Limited • 4.Bally Gaming and Systems S.A. • 5.Bally Gaming Netherlands II B.V. • 6.Barcrest Development B.V. • 7.Barcrest Group Limited • 8.Come2Play Ltd. • 9.Content Media Holding Limited • 10.Content Media Operations Sweden AB • 11.Cryptologic Limited ...
IRS number
810422894
LNW stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
8 Oct 24
8-K
Light & Wonder Statement on Dragon Train Litigation
3 Oct 24
8-K
Light & Wonder Statement on Dragon Train Litigation
24 Sep 24
8-K
Regulation FD Disclosure
11 Sep 24
8-K
Regulation FD Disclosure
12 Aug 24
10-Q
2024 Q2
Quarterly report
7 Aug 24
8-K
Reports Second Quarter 2024 Results
7 Aug 24
8-K
Entry into a Material Definitive Agreement
17 Jul 24
8-K
Regulation FD Disclosure
9 Jul 24
8-K
Regulation FD Disclosure
13 Jun 24
Transcripts
LNW
Earnings call transcript
2024 Q2
7 Aug 24
LNW
Earnings call transcript
2024 Q1
8 May 24
LNW
Earnings call transcript
2023 Q4
27 Feb 24
LNW
Earnings call transcript
2023 Q3
9 Nov 23
LNW
Earnings call transcript
2023 Q2
8 Aug 23
LNW
Earnings call transcript
2023 Q2
8 Aug 23
LNW
Earnings call transcript
2023 Q1
9 May 23
LNW
Earnings call transcript
2022 Q4
1 Mar 23
LNW
Earnings call transcript
2022 Q3
10 Nov 22
LNW
Earnings call transcript
2022 Q2
10 Aug 22
Latest ownership filings
SC 13G/A
BlackRock, Inc.
21 Oct 24
4
Jamie Odell
2 Oct 24
4
James Sottile
2 Oct 24
4
Antonia Korsanos
2 Oct 24
4
James Sottile
4 Sep 24
4
Oliver Chow
27 Aug 24
144
Notice of proposed sale of securities
19 Aug 24
SC 13G/A
Caledonia (Private) Investments Pty Ltd
14 Aug 24
144
Notice of proposed sale of securities
17 Jul 24
4
Michael J Regan
10 Jun 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 321.00 mm | 321.00 mm | 321.00 mm | 321.00 mm | 321.00 mm | 321.00 mm |
Cash burn (monthly) | 43.00 mm | 53.58 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 161.47 mm | 201.21 mm | n/a | n/a | n/a | n/a |
Cash remaining | 159.53 mm | 119.79 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 3.7 | 2.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
82.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 279 |
Opened positions | 53 |
Closed positions | 36 |
Increased positions | 86 |
Reduced positions | 96 |
13F shares | Current |
---|---|
Total value | 6.66 tn |
Total shares | 73.38 mm |
Total puts | 144.10 k |
Total calls | 232.40 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 8.49 mm | $890.25 bn |
BLK BlackRock | 8.30 mm | $870.53 bn |
Fine Capital Partners | 8.04 mm | $843.71 bn |
MacAndrews & Forbes | 3.96 mm | $132.92 mm |
Susquehanna Securities | 2.93 mm | $0.00 |
MS Morgan Stanley | 2.89 mm | $302.59 bn |
Capital Research Global Investors | 2.83 mm | $296.57 bn |
STT State Street | 2.59 mm | $272.14 bn |
Geode Capital Management | 1.60 mm | $168.26 bn |
Stone House Capital Management | 1.50 mm | $157.32 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Oct 24 | Antonia Korsanos | Common Stock | Option exercise | Acquire M | No | No | 0 | 4,750 | 0.00 | 14,750 |
1 Oct 24 | Antonia Korsanos | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,333 | 0.00 | 6,667 |
1 Oct 24 | Antonia Korsanos | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,417 | 0.00 | 2,835 |
1 Oct 24 | Sottile James | Common Stock | Payment of exercise | Dispose F | No | No | 90.75 | 1,602 | 145.38 k | 77,331 |
1 Oct 24 | Sottile James | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,333 | 0.00 | 78,933 |
1 Oct 24 | Sottile James | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,333 | 0.00 | 3,334 |
1 Oct 24 | Jamie Odell | Common Stock | Option exercise | Acquire M | No | No | 0 | 5,470 | 0.00 | 15,470 |
1 Oct 24 | Jamie Odell | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,333 | 0.00 | 6,667 |
1 Oct 24 | Jamie Odell | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 2,137 | 0.00 | 4,276 |
31 Aug 24 | Sottile James | Common Stock | Payment of exercise | Dispose F | No | No | 108.88 | 1,602 | 174.43 k | 75,600 |
News
A Look Into Light & Wonder Inc's Price Over Earnings
8 Oct 24
B. Riley Securities Reinstates Buy on Light & Wonder, Announces $120 Price Target
8 Oct 24
Peering Into Light & Wonder's Recent Short Interest
4 Oct 24
Top 3 Consumer Stocks Which Could Rescue Your Portfolio This Quarter
3 Oct 24
Macquarie Maintains Outperform on Light & Wonder, Lowers Price Target to $117
25 Sep 24
Press releases
LNW INVESTOR NEWS: Light & Wonder, Inc. Investors that Suffered Losses are Encouraged to Contact RLF About Ongoing Investigation into the Company (Nasdaq: LNW)
21 Oct 24
Bragar Eagel & Squire, P.C. Is Investigating ADMA Biologics, Napco, and L&W and Encourages Investors to Contact the Firm
21 Oct 24
Light & Wonder (LNW) Faces Scrutiny Over Gaming Revenue Claims- Hagens Berman
21 Oct 24
LNW INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Light & Wonder, Inc. and Encourages Investors to Contact the Firm
21 Oct 24
LNW INVESTOR NEWS: Light & Wonder, Inc. Investors that Suffered Losses are Encouraged to Contact RLF About Ongoing Investigation into the Company (Nasdaq: LNW)
18 Oct 24