Industry Revenues:

• Gaming: 50%
• iGaming: 30%
• Social Gaming: 20%

TOP 3 Markets:

• USA: 45%
• Europe: 30%
• Asia: 15%

Light & Wonder, Inc. generates the majority of its revenues from the gaming industry, followed by iGaming and social gaming. The US market is the largest single market for the company, followed by Europe and Asia. These markets benefit from strong demand for digital and physical gaming offerings, with the trend towards online and mobile platforms supporting growth in iGaming and social gaming sectors.

Production Sites: USA, Australia, Europe (estimated)

Light & Wonder, Inc., formerly known as Scientific Games Corporation, is a globally operating company in the field of gaming and lottery technology. The company has production facilities and development centers in several regions worldwide, including the USA, Australia, and Europe. These sites are strategically positioned to efficiently serve both local and international markets.

The USA is a significant production site as the company is headquartered there and the North American market plays a central role. In Australia and Europe, there are other important facilities serving both production and research and development. This geographical distribution enables Light & Wonder to quickly respond to market demands and develop innovative products.

Revenue Growth: Estimated 10-12% annually (2025) Focus on Digital Expansion: Increase digital revenues by 20% (2025)

Light & Wonder, Inc. is pursuing a strategy that is heavily focused on digital expansion and enhancing its online gaming platforms. The company is investing significantly in developing new digital products and expanding its existing platforms to cater to the growing online gaming market.

Another key focus is on strategic partnerships and acquisitions to expand the product portfolio and tap into new markets. These measures are intended not only to promote revenue growth but also to strengthen Light & Wonder's market position in the global gaming sector.

Additionally, the company is focusing on innovations in gaming technology to enhance the gaming experience and attract new customers. By combining these strategies, Light & Wonder expects to significantly expand its market share in the coming years.

Main raw materials: Electronic components, plastics, metal alloys
Main importing countries: China, Taiwan, South Korea

Light & Wonder, Inc. is a company operating in the gambling and entertainment industry. For the production of their products, especially slot machines and other electronic gaming devices, the company mainly imports electronic components, plastics, and metal alloys.

China is a significant supplier of electronic components and plastic parts, as the country has a well-developed electronics industry. Taiwan and South Korea are also important partners, especially for specialized electronic components and semiconductors needed for the advanced technologies in Light & Wonder's products.

These import strategies enable the company to produce high-quality products at competitive prices, which is crucial for success in the global gambling industry.

Market Share: 20% (estimated, 2025)
EBITDA Margin: 25% (2024)
R&D Expenses: 10% of revenue (2024)

Light & Wonder, Inc. has gained a significant competitive advantage in the gambling and entertainment industry. With an estimated market share of 20% in 2025, the company demonstrates a strong presence in its core markets. The EBITDA margin of 25% in 2024 highlights the efficiency and profitability of the company compared to many competitors.

A key factor contributing to Light & Wonder's competitive advantage is its continuous commitment to research and development, accounting for approximately 10% of revenue. This enables the company to develop innovative products and adapt to rapidly changing market conditions.

In addition, Light & Wonder benefits from strong brand awareness and a wide portfolio of games and services, which enhances customer loyalty and raises entry barriers for new competitors.

Institutional Investor Share: 78% (2025, estimated)
Insider Buys/Sells: No significant transactions in the last quarter (2025, estimated)

The institutional investor share at Light & Wonder, Inc. is approximately 78%, indicating a high level of trust from institutional investors in the company. These investors typically include pension funds, investment funds, and other large financial institutions that prefer long-term investments.

There were no significant insider transactions in the last quarter, suggesting that the management and other insiders are currently not making significant changes to their holdings. This can be interpreted as a sign of stability and confidence in the current company strategy.

Market share of Light & Wonder, Inc.: 12% (2025, estimated)

Top competitors and their market shares:

1. International Game Technology (IGT): 18%
2. Aristocrat Leisure Limited: 15%
3. Scientific Games Corporation: 14%
4. Light & Wonder, Inc.: 12%
5. Everi Holdings Inc.: 10%
6. Konami Gaming, Inc.: 8%
7. Ainsworth Game Technology: 6%
8. Novomatic Group: 5%

Moat of Light & Wonder, Inc.:

Light & Wonder, Inc. has a moderate moat, mainly characterized by its innovation capabilities and strong brand recognition in the digital gaming and gambling technology sector. The company consistently invests in research and development to expand its product range and integrate new technologies.

Compared to its competitors, Light & Wonder, Inc. has an advantage in adapting to new market trends, especially in the online gambling sector. This enables the company to quickly respond to industry changes and tap into new market segments.

However, some competitors like International Game Technology and Aristocrat Leisure Limited have a stronger moat due to their larger global presence and established customer relationships. These companies benefit from extensive networks and a more diversified product portfolio, giving them a competitive edge.

Overall, Light & Wonder, Inc. has a significant but not insurmountable moat. To strengthen its position, the company could benefit from strategic partnerships and further investments in innovative technologies.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Market Share in the Gambling Sector: 12% (2024)

Light & Wonder, Inc. achieved solid revenue growth of 8.5% in 2024, attributed to successful expansion into new markets and the introduction of innovative products. The 10.2% profit growth indicates that the company was able to not only increase its revenue but also improve its efficiency.

The company holds a 12% market share in the gambling sector, highlighting its strong position in the industry. This position allows Light & Wonder to benefit from trends and growth opportunities in the gambling market.

In summary, the financial performance and market position of Light & Wonder suggest that the stock represents an attractive investment opportunity, especially for investors interested in stable growth in the gambling sector.

Dividend: No payout (as of 2025)

Light & Wonder, Inc. currently does not pay any dividends to its shareholders. The company has not distributed regular dividends in the past, indicating that it may be reinvesting its profits into the growth and expansion of the company.

The reliability of a dividend payment cannot be evaluated as no payout is made. Companies in the growth phase, especially in the technology and entertainment sectors, often choose to reinvest profits rather than pay out dividends.