New business-to-business (B2B) license for cutting-edge technology that delivers innovative and localized content to players through Light & Wonder’s leading digital casino ecosystem
LAS VEGAS – September 28th, 2023: Light & Wonder, Inc. ((NASDAQ and ASX: LNW) (together with its subsidiaries, “Light & Wonder,” “L&W” or the “Company”) has taken its dynamic content creation platform Playzido live in Michigan, opening the door for players across the state to enjoy an exciting new offering.
The Michigan Gaming Control Board (MGCB) recently awarded a B2B supplier license to Playzido, the innovative gaming platform acquired by Light & Wonder last year. This will allow operator partners in the Great Lake State to benefit from a new stream of content developed through its proprietary Remote Gaming Server (RGS) platform and access to many new studios never before live in the US.
Playzido’s flexible technology is purpose-built for creative independent studios and supports every game type including multiplayer games and jackpots.
The first games set to go live with operators in Michigan through the new Playzido license, the platform’s first in the United States, include CHARLIE’S ANGELS™, DIAMOND MULTIPLIER RESPIN™ and BLAZING 777 2x3x5x™.
This new license represents the next phase of Light & Wonder’s iGaming content strategy across the U.S., as the Company continues to further strengthen its content delivery capabilities across North America.
Dana Jackel, Head of US Commercial at Light & Wonder iGaming, said: “This new license for Playzido in Michigan is a significant moment for us in terms of creation and delivering content that truly appeals to players in the state.
“Playzido’s platform is rightly regarded as one of the industry’s strongest and has already enjoyed enormous success in Europe. Everyone at Light & Wonder is ecstatic to harness the Playzido technology to bring next-level studios and games to our operator partners and players in Michigan to enjoy.”
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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: 09/28/2023
Category: Digital
Type: Release