Light & Wonder, Inc (NASDAQ:LNW) is a company that provides gambling products and services, previously known as Scientific Games Corporation (SG). The company, based in Las Vegas, Nevada, offers a variety of gaming products such as slot machines, table games, shuffling machines, and casino management systems under the brands Bally, WMS, and Shuffle Master.
LNW has its roots in Autotote, a maker of totalizator systems for parimutuel wagering at racetracks – which was established in 1917 by George Julius. In 2000, Autotote acquired Scientific Games Holdings Corp., maker of instant lottery equipment and changed its name to Scientific Games Corporation in 2001.
In 2019, SG launched its social gaming division, SciPlay, as a publicly traded company, and in 2020, began a strategic review to focus on its casino gaming business. In 2021, it sold its sports betting division to Endeavor Group Holdings and its lottery division to Brookfield Business Partners.
In 2022, the company rebranded as Light & Wonder.
Subsidiaries of Light & Wonder include The Global Draw, UK fruit-machine manufacturer Barcrest Games, Bally Technologies, WMS Industries, MDI Entertainment, LLC, and NYX Gaming Group Limited.
Casino Games by Light & Wonder
With a digital workforce of over 1,500 people spread across 34 offices, Light And Wonder serves over 200 clients – providing over 2,000 casino games and 40 licences worldwide. Note that LNW offers no live dealer casino games, as the company’s sole focus is real-money slots games.