{"id":777041891,"date":"2026-05-07T11:11:55","date_gmt":"2026-05-07T14:11:55","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777041891"},"modified":"2026-05-07T11:36:02","modified_gmt":"2026-05-07T14:36:02","slug":"light-wonder-reports-2-revenue-growth-in-q1-2026","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/light-wonder-reports-2-revenue-growth-in-q1-2026","title":{"rendered":"Light & Wonder reports 2% revenue growth in Q1 2026"},"content":{"rendered":"\n

Gaming growth helped partially compensate for funds set aside for legal reserves.<\/p>\n\n\n\n\n\n\n\n

Australia.- The ASX-listed gambling provider Light & Wonder<\/strong> has reported US$790m in revenue for the first quarter of 2026, a rise of 2 per cent year-on-year. Adjusted EBITDA rose 5 per cent to US$327m but net income declined 37 per cent to US$52m after the company set aside about US$50m for legal reserves, including part of a US$128m settlement linked to a dispute with Aristocrat Leisure Ltd<\/strong>.<\/p>\n\n\n\n

Gaming revenue rose 3 per cent to US$512m during the quarter, driven mainly by gaming operations revenue, which climbed 38 per cent to US$239m. Revenue from table products increased 24 per cent to US$63m.<\/p>\n\n\n\n

Gaming machine sales revenue declined 25 per cent due largely to the timing of video lottery terminal shipments in North America and international markets compared with the prior-year period. Average selling price per unit remained around US$19,700.<\/p>\n\n\n\n

In the igaming segment, revenue increased 18 per cent while EBITDA rose 22 per cent, supported by growth in the United States. SciPlay revenue remained under pressure amid what the company described as a mature social casino market, although direct-to-consumer revenue and active users improved sequentially.<\/p>\n\n\n\n

Chief financial officer Oliver Chow<\/strong> said the group remained focused on investing in growth opportunities, lowering debt levels and returning capital to shareholders through share repurchases.<\/p>\n\n\n\n

According to the May 6 filing, 25 per cent of total outstanding shares have been repurchased since the launch of the company\u2019s buyback programme. Light & Wonder said it expects to continue reducing leverage through 2026, targeting a net debt leverage ratio below 3.0x during the first half of 2027.<\/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> Aristocrat settlement wipes out Light & Wonder profits for fourth quarter<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Gaming growth helped partially compensate for funds set aside for legal reserves.<\/p>\n","protected":false},"author":2395,"featured_media":8212,"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 reported a 2% year-on-year revenue increase to US$790m for Q1 2026, with Adjusted EBITDA up 5%. Net income, however, declined 37% to US$52m due to a US$50m legal reserve allocation related to a US$128m settlement with Aristocrat Leisure Ltd. The company experienced robust growth in gaming operations and iGaming, while gaming machine sales declined, and its SciPlay segment navigated a mature social casino market.","focusai_entities":"Light & Wonder, Aristocrat Leisure Ltd, Oliver Chow, SciPlay","focusai_location":"Australia, North America, United States","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.9), operator_casino (0.8), product_ux (0.7), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact of VLT timing?","query":"What specific market conditions or regulatory changes influenced the timing of video lottery terminal shipments, leading to the 25% decline in gaming machine sales revenue for Light & Wonder?"},{"label":"SciPlay market strategy?","query":"Given the mature social casino market, what specific product enhancements or marketing strategies did SciPlay implement to achieve sequential improvements in direct-to-consumer revenue and active users?"}],"footnotes":""},"categories":[16336,163],"tags":[29,229,1897],"class_list":["post-777041891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-finance-news","tag-casino","tag-gambling","tag-igaming"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777041891","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\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777041891"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777041891\/revisions"}],"predecessor-version":[{"id":777041896,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777041891\/revisions\/777041896"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/8212"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777041891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777041891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777041891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}