Light & Wonder Showcases New Products at Australasian Gaming Expo 2022
LAS VEGAS – Aug. 8, 2022 – Leading cross-platform global game company Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder,” L&W” or the “Company”) will be unveiling impressive new products for the region at this year’s Australasian Gaming Expo (“AGE”) (9-11 Aug) at Darling Harbour in Sydney, Australia.
Matt Wilson, L&W’s Executive Vice President & Group Chief Executive, Gaming said “AGE is a great opportunity for the L&W team to meet face to face with our customers and tell them how much we value their partnership as we embark on an exciting time in our Company’s journey.”
Light & Wonder™ is focused on creating the games the world wants to play and the underlying technologies to power those games across electronic gaming machines, table games, electronic table games (“ETG”), online games, live-streaming games and social games--all backed by the ground breaking innovations in systems, hardware and shufflers.
Leading this impressive showcase is the Kascada™ cabinet line. The Kascada 43” portrait cabinet is complemented by the Kascada Dual Screen, together offering a diverse catalogue of game brands and feature mechanics, designed to deliver an unparalleled gaming experience.
Mr Wilson added “Going into AGE, customers are seeing the result of some bold decisions we made in 2020 when we invested heavily in our Studios and our hardware. This gave us a launchpad for success that has been steadily gaining momentum starting with KRAKEN UNLEASHED™, FAT FORTUNES™, HUFF N’ MORE PUFF™ and then DRAGON UNLEASHED™ that has hit with four new games. It’s an overnight success story that has been two years in the making. Of course our story doesn’t end there, I’m super excited to be showing THUNDER DRUMS™, GOLD FISH FEEDING TIME™, and of course JIN JI BAO XI™ which has been remastered for Kascada.”
L&W’s market leading ETG’s will feature the new six tab VEGAS STAR® QUARTZ™ that brings increased game combinations into play. The highly anticipated Stadium Blackjack™ will be able to feature alongside RouletteX™, Sic Bo, Baccarat and standard Roulette to give players a new world of electronic table games to engage with.
Across each of the product lines in the L&W Gaming Division there has been continual development to improve the delivery of games at the table. Products like AToM™ allows players to access additional funds right at the gaming position without cash handling while the MDX™ multi-deck can shuffle one to 10 decks of cards and eliminates edge sorting.
For more information about Light & Wonder, visit www.lnw.com.
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: 08/08/2022
Category: Corporate
Type: Release