iGT 25 constituent since 19 September 2025, ranked 8 of 25 by weight
Light & Wonder share price
AUD 113.74-1.95%close on 12 October 2026
Light & Wonder is a US gaming supplier headquartered in Las Vegas and listed on Nasdaq and the ASX, formed from Scientific Games' gaming, iGaming and social businesses after the 2022 sale of its lottery and sports betting divisions. Its three segments are Gaming (slot machines, systems and table products for land-ba... Full profile
Light & Wonderis one of 25 listed gambling companies in the iGT 25, iGaming Times’ market-cap-weighted index of the sector, and carries 4.65% of it at the last rebalance in the supplier bucket. Since the index base date of 19 September 2025 the shares are -15.00% in AUD. Game studios, live casino and slot machine manufacturers. Weights are market capitalisation in US dollars, capped at 15%, and recomputed every trading day; read the methodology.
Every one of the nine gaming suppliers in the Association of Gaming Equipment Manufacturers' index pulled it down in September, led by Aristocrat and Light & Wonder. The index is now 5.9% lower than a year ago while the S&P 500 is up 14.4%.
The Apollo-owned slot, systems and fintech supplier has replaced what its chief executive calls a "stuffy" corporate identity with one built around a "casino as a service" pitch. It arrives in the same fortnight as a new finance chief hired to sharpen cash flow.
Interactive Games sued DraftKings in Massachusetts in April over a patent covering geolocated mobile wagering and what a device displays when a customer is outside a permitted state. DraftKings' petition says Nevada rules required all of that in 2006, three years before the patent's priority date, and asks the PTAB to review it.
The social casino unit's revenue fell 7% and then 9% this year while the rest of the group grew. Wilson goes on 30 October at the end of his contract, group CFO Oliver Chow takes "executive oversight" from 1 November, and the company says it remains committed to the category. It did not say why he is leaving.
Light & Wonder has made de-leveraging its balance sheet the company's overriding priority after its second-quarter earnings call, with CFO Oliver Chow setting a target of three times cash flow by mid-2027. The shift signals a strategic recalibration for the gaming supplier after years of acquisition-driven growth, and puts share buybacks firmly on the back burner for the remainder of 2026.
Global gaming supplier Light & Wonder has announced a significant new executive appointment, naming former Aristocrat veteran Rohan Gallagher to the newly
Light & Wonder (LNW) closed at AUD 113.74 on ASX on 12 October 2026, -1.95% on the day. iGaming Times updates the price every trading morning from the previous close.
Where is Light & Wonder listed?
Light & Wonder trades on ASX under the ticker LNW, priced in AUD.
What is Light & Wonder's market cap?
About $5.9bn in US dollars at the last close, which makes it number 8 of 25 in the iGT 25 with a weight of 4.65%.
How has Light & Wonder performed this year?
Light & Wonder is -27.82% year to date and -8.55% over twelve months, with a 52-week range of AUD 102.66 to AUD 182.50.
Prices are the previous session’s close from public market data, updated each trading morning. This is an editorial reference, not financial advice; verify against the exchange before any decision.