LAS VEGAS–(BUSINESS WIRE)–Light & Wonder, Inc. (NASDAQ: SGMS), formerly known as Scientific Games Corporation (“Light & Wonder” or the “Company”), today announced that the Company has completed the change of previously announced legal entity name from Scientific Games Corporation to Light & Wonder, Inc. as part of its recently announced rebranding following the sale of its lottery business. Light & Wonder will begin trading on the NASDAQ under the new symbol “LNW” tomorrow, April 29, 2022.
The Light & Wonder name and branding reflect the company’s strategic vision to become the world’s leading cross-platform games company focused on creating and launching great, fully cross-platform games, leveraging our leading platforms and solutions for enable a smooth gaming experience. Through a deliberate cross-platform approach, Light & Wonder offers a leading portfolio of iconic games and franchises online and on mobile, in the real-money and free-to-play social gaming markets, as well as in land-based casinos.
Light & Wonder shareholders need not take any action in connection with the stock symbol change. Their shares currently trading on NASDAQ under the symbol “SGMS” will automatically begin trading under the new symbol effective when the market opens on April 29, 2022.
About Light & Wonder, Inc.
Light & Wonder, Inc. (formerly known as Scientific Games Corporation), is the worldwide leader in cross-platform games and entertainment. The company brings together 5,000 employees from six continents to connect content between terrestrial and digital channels with unparalleled technology and distribution. Guided by a culture that values bold teamwork and creativity, the company is building new worlds of play, developing gaming experiences loved by gamers around the world. Its OpenGaming™ platform powers the industry’s largest digital gaming network. The Company is committed to the highest standards of integrity, from promoting player responsibility to implementing sustainable practices. To learn more, visit lnw.com.
In this press release, the Company makes “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as “will”, “may” and “should”. . These statements are based on management’s current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Accordingly, you should not rely on any of these forward-looking statements as predictions of future events.Actual results may differ materially from those contemplated in such statements due to a variety of risks, uncertainties and other factors, including those factors described in our filings with the Securities and Exchange Commission (the “SEC”), including the company’s current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K which was filed with the SEC on March 2022 (including under the headings “Forward-Looking Statements” and “Risk Factors”). Forward-looking statements speak only as of the date on which they are made and, except for the o Under the Company’s continuing obligations under US federal securities laws, the Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.