Light & Wonder Inks Deal with Oregon Lottery to Conduct Trial of Latest VLT Hardware and Game Content

New KASCADA® Dual Screen Multi-Game cabinets with Light & Wonder player favorites to be tested in the market

LAS VEGAS – January 31, 2023 – Light & Wonder, Inc. (NASDAQ: LNW) (together with its subsidiaries, “Light & Wonder” or “L&W”) has entered a deal with the Oregon Lottery to test its newest VLT cabinet and games. Light & Wonder will test 100 of its new KASCADA Dual Screen Multi-Game VLTs at retailers around the Salem, Oregon area. The cabinets will feature games including TREASURE FRUITS®, FLUSH FRENZY® Poker, LIGHTNING TUSKS®, AMERICAN ORIGINAL® STARS & BARS®, BIER HAUS®, BLAZING HOT CELEBRATIONS ® and QUICK HITS®MONEY WHEEL®. The trial, which is set to begin in March, will mark the first release of the Kascada Dual Screen Multi-Game domestically.

“The Oregon Lottery is a trusted VLT provider, and we are happy about the opportunity to expand our long-standing relationship with them to introduce new experiences, technology and content that will capture attention and appeal to a broad range of player segments in the market,” said Jason Ashmann, Northwest Sales Director, Light & Wonder.

A successful field trial of the KASCADA Dual Screen Multi-Game will allow Oregon Lottery to replace and upgrade hardware, while offering players a mix of player-favorites and new game pack experiences from Light & Wonder’s renowned portfolio.

“We continue to focus on our operational flexibility and options to ensure relevancy,” said Lyndsey Peterson, Manager of Gaming Products at the Oregon Lottery. “Light & Wonder offers the latest technology and play mechanics to pair with legacy, hit game titles that our players enjoy.”

For more information about Light & Wonder, visit lnw.com.

All ® notices signify marks registered in the United States by Light & Wonder, Inc., or one of its subsidiaries.

About Light & Wonder, Inc.
Light & Wonder, Inc. is the leading cross-platform global games company. Through our three unique, yet highly complementary businesses, we deliver unforgettable experiences by combining the exceptional talents of our 6,000+ member team, with a deep understanding of our customers and players. We create immersive content that forges lasting connections with players, wherever they choose to engage. At Light & Wonder, it’s all about the games. The Company is committed to the highest standards of integrity, from promoting player responsibility to implementing sustainable practices. To learn more, visit lnw.com.

Media Inquiries: media@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 February 27, 2024 (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.

Date: 02/08/2023

Category: Gaming

Type: Release