Light & Wonder
Light & Wonder is the company Scientific Games Corporation renamed itself to in April 2022 — the same legal entity under a new name, which its own filing establishes. Its iGaming segment supplies online casino game content and the platforms that distribute it, including the Open Gaming System aggregation network and a player account management system. It is incorporated in Nevada, and its shares trade on the Australian Securities Exchange as CHESS Depositary Interests as well as over the counter in the United States.
Studio Facts
- Group
- Light & Wonder, Inc. (ASX: LNW) — the listed group is its own ultimate parent
- Licensed in
- The Gambling Commission’s register returns a remote Gambling Software and Game Host (Casino) licence, number 040129-R-319453-019, account 40129, covering both activities and active from 28 February 2025. It is held by LNW Gaming Gibraltar Limited, trading as "light & wonder". The register shows that trading name and nothing we read states the corporate relationship between that licensee and Light & Wonder, Inc. The register also returns further licensees trading under the same name, whose licence detail we have not read, so this is one licence on the register rather than the company’s licensing position.
- Website
- www.lnw.com ↗
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About Light & Wonder
What It Is
Light & Wonder, Inc. is a games company incorporated in Nevada with its principal executive office at 6601 Bermuda Road, Las Vegas. Its own annual report describes it as a leading cross-platform global games company with a focus on content and digital markets
and states that We report our results of operations in three reportable business segments—Gaming, SciPlay and iGaming
. Only the iGaming segment is within this site's scope.
The Rename From Scientific Games
The company is the same legal entity as Scientific Games Corporation, renamed. Its own filing records that Effective April 28, 2022, Light & Wonder, Inc., formerly known as Scientific Games Corporation (the “Company”), completed its legal entity name change from Scientific Games Corporation to Light & Wonder, Inc.
, and that The name change was made in accordance with Section 92A.180 of the Nevada Revised Statutes (the “NRS”) by merging a wholly-owned subsidiary of the Company with and into the Company, with the Company being the surviving corporation in the merger
. The same filing records that As of the opening of trading on April 29, 2022, the ticker symbol of the Company's common stock on The Nasdaq Stock Market will be “LNW”
.
Where It Is Listed
It is no longer a Nasdaq company. Its annual report states that Our common stock is listed as CDIs on the ASX under the ticker symbol “LNW.”
, that On November 13, 2025, the Company completed its previously announced voluntary delisting from the Nasdaq and began trading as a sole primary listing on the ASX on November 14, 2025
, and that Following our delisting from the Nasdaq, our common stock is still traded on an over-the-counter (“OTC”) market in the United States
.
What the iGaming Business Supplies
Both content and platform. The company states that Our iGaming business segment provides a comprehensive suite of digital gaming content, distribution platforms, player account management systems, as well as various other iGaming content and services
, that most of its revenue comes from casino-style game content, including a wide variety of internally developed and branded games as well as popular third-party provider games
, and that these reach operators via content aggregation platforms, including our Open Gaming System network that connects players with studios and operators globally
. It also supplies our Open Platform System (“OPS”), a player account management system
, and generally we host the play of our game content which is integrated with the online casino operators' websites
.
One thing it no longer supplies: its own quarterly report records the discontinuation of our iGaming Live Casino operations
. A reader looking for live dealer tables will not find them here.
Licensing
The Gambling Commission's public register records LNW Gaming Gibraltar Limited under account number 40129, trading as light & wonder
, holding one remote licence numbered 040129-R-319453-019 covering Gambling Software
and Game Host (Casino)
, active from 28 February 2025, with a head office at Unit A1 International House, 16 Bell Lane, Gibraltar. That is the licence we have confirmed. The register returns further licensees trading under the same name, whose licence detail we have not read.
SG Interactive, and What We Can and Cannot Show
This site has a page for SG Interactive, and a reader may arrive here from it, so it is worth being exact about what is and is not established.
What is established is the corporate chain. Scientific Games Corporation is this company under its former name, as the filing quoted above records. And the operating subsidiary is described in the company's own filings as Light and Wonder International, Inc., a wholly-owned subsidiary of L&W and successor to Scientific Games International, Inc.
What is not established is a line from the name SG Interactive to any of that. The filing names Scientific Games International, Inc. — a different name from the SG Interactive brand — and no document we read connects the two. We are not telling you they are unrelated either: an absence of evidence is not evidence of separateness, and this is simply something we could not establish.
What the Gambling Commission's register does show is that a search for sg interactive
returns one result, where it appears as a trading name on the licence of Global Draw Limited, account 2875. So the brand name survives on a licence. Whether the business behind it became part of this company's iGaming segment is something we cannot show you from a source, and we do not assert it.
Sources
The references behind what this page says about Light & Wonder. Every one is checkable.
- Light & Wonder, Inc., annual report for the year ended 31 December 2025, for the business description, the three reportable segments, the iGaming description, the ASX listing, the Nasdaq delisting of 13 November 2025, the over-the-counter trading, and the successor language naming Light and Wonder International, Inc. Read 2026-10-21. ↗
- Light & Wonder, Inc., current report, for the name change from Scientific Games Corporation effective 28 April 2022, the mechanism under NRS 92A.180, and the Nasdaq ticker change. Read 2026-10-21. ↗
- Light & Wonder, Inc., quarterly report for the period ended 30 June 2026, for the Nevada incorporation, the principal executive office and the discontinuation of iGaming Live Casino operations. Read 2026-10-21. ↗
- Gambling Commission public register, account 40129, for the licence held by LNW Gaming Gibraltar Limited trading as light & wonder, its number, activities, start date and head office. Read 2026-10-21. ↗
- Gambling Commission public register, business search for "sg interactive", for the single result showing it as a trading name on the licence of Global Draw Limited, account 2875. Read 2026-10-21. ↗
