{"id":777030121,"date":"2025-08-08T10:46:57","date_gmt":"2025-08-08T13:46:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777030121"},"modified":"2026-04-21T20:15:58","modified_gmt":"2026-04-21T23:15:58","slug":"light-wonder-to-transition-to-sole-asx-listing","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/light-wonder-to-transition-to-sole-asx-listing","title":{"rendered":"Light & Wonder to transition to sole ASX listing"},"content":{"rendered":"\n

The company has announced its decision to delist from the Nasdaq by the end of November.<\/p>\n\n\n\n\n\n\n\n

Australia.- Light & Wonder has announced its decision to transition to a sole Australian Securities Exchange (ASX) listing. It will delist from the Nasdaq by the end of November.<\/p>\n\n\n\n

In its second quarter results report presentation, the company said the decision was intended to align its capital markets presence with long-term growth plans and its shareholder base. It launched on the ASX as a secondary listing in May 2023 and announced plans to drop its Nasdaq listing this February<\/p>\n\n\n\n

Matt Wilson, president and chief executive officer of Light & Wonder, commented: “Following an extensive diligence process, I am excited to announce the board\u2019s decision to transition to a sole ASX listing, which I believe will deliver tremendous shareholder value going forward. I have confidence in our strategy as we continue to execute to our long-term blueprint, which will continue to drive quality of earnings and sustainable value both operationally and financially.\u201d<\/p>\n\n\n\n

Jamie Odell, Light & Wonder board of directors chair, added: \u201cSince we launched the secondary ASX listing back in May 2023, equity traded on the ASX now accounts for approximately 37% of our total equity. Our board has determined that moving to a sole primary ASX listing is in the best long-term interests of our shareholders.<\/p>\n\n\n\n

“We offer investors a great opportunity to invest in a global growth company, with strong fundamentals, leading market positions in our core segments, growing margins, and strong recurring revenues and operating cash flows. We look forward to engaging with stakeholders throughout this process.\u201d<\/p>\n\n\n\n

For Q2, the company reported revenue of $809m, down 1 per cent year-over-year. Net income increased 16 per cent to $95m. Consolidated AEBITDA was $352m, up 7 per cent.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Star Entertainment Brisbane casino deal falls through<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

The company has announced its decision to delist from the Nasdaq by the end of November.<\/p>\n","protected":false},"author":218,"featured_media":777027978,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Light & Wonder has announced its strategic decision to delist from the Nasdaq by the end of November, transitioning to a sole listing on the Australian Securities Exchange (ASX). This move aims to align its capital markets presence with long-term growth objectives and its existing shareholder base, following significant trading volume already observed on the ASX. The company reported Q2 revenue of $809m, a 1% year-over-year decrease, with net income rising 16% to $95m and consolidated AEBITDA up 7% to $352m.","focusai_entities":"Light & Wonder, Nasdaq, Australian Securities Exchange (ASX), Matt Wilson, Jamie Odell","focusai_location":"Australia","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"ASX Listing Impact?","query":"What are the anticipated long-term capital raising implications and market perception shifts for Light & Wonder following its transition to a sole ASX listing?"},{"label":"Shareholder Value Strategy?","query":"How does the delisting from Nasdaq and exclusive ASX presence specifically enhance shareholder value and align with Light & Wonder's stated long-term growth blueprint, considering its Q2 financial performance?"}],"footnotes":""},"categories":[16336,157],"tags":[289],"class_list":["post-777030121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-australia"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777030121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/218"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777030121"}],"version-history":[{"count":7,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777030121\/revisions"}],"predecessor-version":[{"id":777030131,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777030121\/revisions\/777030131"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777027978"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777030121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777030121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777030121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}