Light & Wonder Signs Latest Systems Deal with Holland Casino
Building on the ongoing partnership with Holland Casino, Light & Wonder to install its leading COOLSIGN™ systems across all 14 locations of Holland Casino in the Netherlands
LAS VEGAS – December 22, 2022 – Light & Wonder, Inc. (NASDAQ: LNW) (together with its subsidiaries, “Light & Wonder,” L&W) has announced a new agreement with Holland Casino to install the CoolSign systems product as their Narrowcasting Multimedia solution across all 14 locations of Holland Casino. The new agreement was reached following a successful bid process which saw Light & Wonder selected as the partner of choice due to the proven capabilities of the system.
The CoolSign system boasts several powerful tools designed to dynamically manage digital signage content across multiple casino sites via a wide area network system. The 16-display wall has a graphics engine of up to 4,000 high pixel resolution. The media system can be zoned with up to seven areas, which includes the facility to host Live IPTV channels and streaming. Additionally, it includes integrated lighting and sound adding to the overall presentation that is engaging to the player on the casino floor.
The system also provides fantastic marketing functionality tools that benefit the overall operations for Holland Casino. This includes the centralized management of EGM progressives, that can be displayed on screens to create excitement and awareness directly with players. There are also added benefits of the ability to advertise promotions and leader boards as well as food and beverage offers.
Jon Lancaster, Vice President Sales EMEA, Light & Wonder, says, “We are delighted to have reached this milestone agreement with Holland Casino, further cementing a strong 20-year longstanding partnership. Both parties have worked seamlessly to prove CoolSign is the system of choice, particularly our Sales Director Europe Stelios Tsapatos, who worked closely with the Holland Casino team. The CoolSign system is a fantastic product addition that enables effective communications of Casino offers and information through a dynamic system and multiple system tools. We are excited about the future of our systems business and offering for our EMEA region.”
Pieter Boers, Vice President Gaming & Services, Holland Casino, says: “The guest journey in our casino’s is top of mind, also supported by a narrow casting system. This platform is very important for our guest and employee communication for more than 25 years. Reinvestment was necessary and we are very delighted with the mature narrow casting system of our strategic partner Light &Wonder.”
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.
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, 2023 (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.