{"id":777033108,"date":"2025-10-14T09:42:30","date_gmt":"2025-10-14T12:42:30","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777033108"},"modified":"2026-04-21T18:13:11","modified_gmt":"2026-04-21T21:13:11","slug":"light-wonder-to-delist-from-nasdaq-and-transition-to-sole-asx-listing-in-november","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/light-wonder-to-delist-from-nasdaq-and-transition-to-sole-asx-listing-in-november","title":{"rendered":"Light & Wonder provides update on transition to sole ASX listing"},"content":{"rendered":"\n

The company has confirmed that the delisting is expected to take effect next month.<\/p>\n\n\n\n\n\n\n\n

Australia.- Light & Wonder<\/strong> has provided an update regarding its intention to delist its common stock from the Nasdaq Stock Market<\/a> in the United States and transition to a sole primary listing on the Australian Securities Exchange (ASX)<\/strong>. The delisting is expected to take effect prior to open of trading on November 13<\/strong>. That means the last day of trading on Nasdaq will be November 12.<\/p>\n\n\n\n

Light & Wonder said: “The decision to transition to a sole ASX primary listing reflects Light & Wonder\u2019s strategic focus on aligning our capital markets presence with our long-term growth plans and shareholder base. We are seeking to consolidate trading liquidity onto the ASX, a deep and liquid market that has a robust understanding of the gaming sector.”<\/p>\n\n\n\n

The company launched on the ASX as a secondary listing in May 2023. It announced plans to drop its Nasdaq listing this February.<\/p>\n\n\n\n

Light & Wonder recently announced the appointment of Rohan Gallagher<\/a> as executive vice president (EVP), global chief corporate affairs officer. In the newly created role, Gallagher will be based in Sydney and will be responsible for investor relations, environmental, social, and governance, corporate social responsibility and global communications.<\/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

<\/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> Light & Wonder names Rohan Gallagher as EVP, global chief corporate affairs officer<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The company has confirmed that the delisting is expected to take effect next month.<\/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 is proceeding with its strategic delisting from the Nasdaq Stock Market, effective November 13, to transition to a sole primary listing on the Australian Securities Exchange (ASX). This move aims to consolidate trading liquidity on the ASX, aligning the company's capital markets presence with its long-term growth plans and shareholder base, which is perceived to have a robust understanding of the gaming sector.","focusai_entities":"Light & Wonder, Nasdaq Stock Market, Australian Securities Exchange, Rohan Gallagher","focusai_location":"Australia, United States, Sydney","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"ASX Liquidity Impact","query":"What specific measures will Light & Wonder implement to ensure optimal trading liquidity and investor access on the ASX following the Nasdaq delisting, particularly for its North American shareholder base?"},{"label":"Capital Allocation Strategy","query":"How does the sole ASX listing influence Light & Wonder's capital allocation strategy, potential for future M&A activities, and access to growth capital within the global iGaming and land-based gaming verticals?"}],"footnotes":""},"categories":[16336,157],"tags":[289],"class_list":["post-777033108","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\/777033108","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=777033108"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033108\/revisions"}],"predecessor-version":[{"id":777033121,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033108\/revisions\/777033121"}],"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=777033108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777033108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777033108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}