Light & Wonder, Inc. Chess Depositary Interest (LNW)

Overview

Light & Wonder, Inc., established in 1984 and based in Las Vegas, Nevada, is a global leader in the cross-platform game industry that operates in the United States and internationally. The company's portfolio is divided into three primary segments: Gaming, SciPlay, and iGaming. Each segment contributes to the company's mission of offering diverse and engaging gaming experiences across various platforms. With a focus on innovation and player satisfaction, Light & Wonder, Inc. leverages its extensive expertise to deliver high-quality content and gaming machines, social games, and digital gaming content to a broad audience around the world.

Products and Services

• Gaming Segment:

This segment encompasses the sale of game content, gaming machines, video gaming terminals, video lottery terminals including conversion kits, and spare parts. Additionally, it includes table products such as automatic card shufflers, deck checkers, table roulette chip sorters, and other land-based table gaming equipment. Light & Wonder, Inc. also engages in the leasing or provision of gaming content, gaming machines, and server-based systems while offering casino-management system software and hardware sales and support. In this segment, the company licenses its proprietary table games content to commercial, tribal, and governmental gaming operators.

• SciPlay Segment:

In the SciPlay segment, Light & Wonder, Inc. focuses on the development, marketing, and operation of social games that are accessible on various mobile and web platforms, including games in the hyper-casual space. Products primarily include virtual coins, chips, or bingo cards which players can purchase to enjoy slot games, table games, or bingo games. This segment represents the company's commitment to offering engaging and entertaining social gaming experiences.

• iGaming Segment:

The iGaming segment at Light & Wonder, Inc. is dedicated to providing a comprehensive suite of digital gaming content, distribution platforms, and player account management systems. This segment also includes other iGaming content and services. A notable offering is the Open Platform System, which delivers extensive reporting and administrative functions. These tools provide operators with control over various areas of digital gaming operations, signifying the company's investment in the future of online and digital gaming.