Light & Wonder, Inc.: Enhanced Direct-to-Consumer Platforms Catalyzing The Top-line Growth! 

Light & Wonder, during its 2024 first-quarter performance presentation, revealed strong financial and operational progress, underlining its vigorous posture within the gaming industry. The company reported substantial revenue growth and provided a detailed update on its performance across various segments including gaming, SciPlay, and iGaming. Recognizing the positives from the report, Light & Wonder marked its twelfth consecutive quarter of year-over-year revenue growth and highlighted robust performance across all business lines. This consistent expansion is notably supported by strong demand within the gaming sector and innovative product releases. The company has achieved significant traction with franchises such as Dragon Train in the U.S., and newly launched large-screen cabinets like Horizon showing promising initial success. On the SciPlay front, revenue surged by 11% year-over-year, driven by solid performance in its top games and effective user acquisition and monetization strategies. The iGaming segment maintained its momentum with record revenues, propelling growth through strategic content launches and an expansion in U.S. and international markets.