Latest news with #SciPlay
Business Wire
24-07-2025
- Entertainment
- Business Wire
JACKPOT PARTY and Carnival Cruise Line Announce Daily Cruise Giveaway Partnership
LAS VEGAS--(BUSINESS WIRE)-- SciPlay, the social games division of Light & Wonder (NASDAQ and ASX: LNW), and Carnival Cruise Line today announced a collaboration to launch the "Daily Cruise Giveaway" sweepstakes. From July 21 through August 4, 2025, the social casino game owned and operated by SciPlay entitled JACKPOT PARTY ™ is giving players the chance to win a Carnival Cruise Line voucher (valid for two guests) every single day. JACKPOT PARTY and Carnival Cruise Line Team Up for Daily Cruise Giveaway Partnership Share This partnership unites two established entertainment brands, blending the popular and wildly fun gaming experience of JACKPOT PARTY with the real-world vacation experiences offered by Carnival Cruise Line. Players 21 and older can enter the sweepstakes by downloading the JACKPOT PARTY mobile app and registering through the in-game sweepstakes portal. No purchase is necessary to enter or win. JACKPOT PARTY delivers authentic casino-floor excitement through its wildly popular free-to-play mobile game. With over 100 million global downloads, it consistently ranks among the top-grossing mobile apps, offering thrilling virtual slots experiences. Key features include JACKPOT PARTY'S collection of authentic slot machines, prominently featuring fan favorites like HUFF N' EVEN MORE PUFF™, DANCING DRUMS LINK TREASURE™, and INVADERS ATTACK FROM THE PLANET MOOLAH™. All in-game coins are virtual, and the game does not offer real money gambling and is for entertainment only, with in-app purchases. "This sweepstakes is a way for us to offer additional value to our players and connect their in-game enjoyment with tangible real-world experiences," said Noga Halperin, Chief Revenue Officer of SciPlay. "Collaborating with a brand like Carnival Cruise Line, known for delivering memorable vacations, allows us to extend the fun beyond the screen and onto a cruise ship." JACKPOT PARTY is available for play in the U.S. on both the Apple App Store and Google Play. While the game offers in-app purchases, it's important to note that Jackpot Party does not involve real-money gambling or offer real-world prizes, and game results do not reflect outcomes in actual gambling. Players have the chance to enter the Daily Cruise Giveaway. This sweepstakes is open to U.S. residents aged 21 and older, with no purchase necessary to enter. Purchases will not increase odds of winning. The sweepstakes concludes on August 4, 2025, with a total of $175,000 in prizes available. Odds of winning vary, and there is a limit of 504 entries per person per entry period. The Daily Cruise Giveaway is void where prohibited by law. Complete rules and more details are available by visiting: As Light & Wonder's social games division, SciPlay develops and publishes leading free-to-play mobile games, bringing the company's most popular gaming content to millions of players worldwide. SciPlay's portfolio, including JACKPOT PARTY CASINO Slots, QUICK HIT™ Slots, 88 FORTUNES™ Casino, GOLD FISH Casino Slots™ and MONOPOLY Slots, delivers captivating experiences across all leading mobile and digital platforms. All ™ notices signify marks registered by Light & Wonder, Inc., or one of its subsidiaries. The MONOPOLY name and logo, the distinctive design of the game board, the four corner squares, the MR. MONOPOLY name and character, as well as each of the distinctive elements of the board, cards, and the playing pieces are trademarks of Hasbro for its property trading game and game equipment and are used with permission. © 1935, 2025 Hasbro. All Rights Reserved. Licensed by Hasbro. About Light & Wonder, Inc. Light & Wonder, Inc. is the leading cross-platform global games company. Through our three unique, yet highly complementary business segments, we deliver unforgettable experiences by combining the exceptional talents of our 6,500+ member team, with a deep understanding of our customers and players. We create immersive content that forges lasting connections with players, wherever they choose to engage. At Light & Wonder, it's all about the games. The Company is committed to the highest standards of integrity, from promoting player responsibility to implementing sustainable practices. To learn more visit
Yahoo
11-06-2025
- Business
- Yahoo
LNW Q1 Earnings Call: Tariff Mitigation, Product Pipeline, and Margin Focus Shape 2025 Outlook
Gaming products and services provider Light & Wonder (NASDAQ:LNW) missed Wall Street's revenue expectations in Q1 CY2025 as sales rose 2.4% year on year to $774 million. Its non-GAAP profit of $0.94 per share was 16.7% below analysts' consensus estimates. Is now the time to buy LNW? Find out in our full research report (it's free). Revenue: $774 million vs analyst estimates of $809 million (2.4% year-on-year growth, 4.3% miss) Adjusted EBITDA: $311 million vs analyst estimates of $308.3 million (40.2% margin, 0.9% beat) Operating Margin: 22%, in line with the same quarter last year Market Capitalization: $7.66 billion Light & Wonder's first quarter results were shaped by operational progress in its core gaming, SciPlay, and iGaming business segments, with management emphasizing the performance of new game franchises and continued expansion of its North American installed base. CEO Matt Wilson highlighted gains in market share—particularly in premium and recurring revenue titles—and noted the company's ability to add over 500 gaming units sequentially. Despite cycling over tough international comparables and weather-related headwinds in the U.S., the company maintained stable operating margins. Wilson also pointed to ongoing strength in SciPlay's Quick Hit Slots and 88 Fortunes, and described the company's focus on content diversity as a key lever supporting growth across all business lines. Looking forward, Light & Wonder's executive team reiterated their commitment to operational discipline and margin expansion, even amid macroeconomic uncertainty and evolving tariff policies. Management expects growth to accelerate in the second half of the year, supported by a robust product pipeline, integration of Grover Gaming's charitable assets, and expanded direct-to-consumer (DTC) initiatives in SciPlay. CFO Oliver Chow stated, 'We have line of sight to top-line growth to get us to the $1.4 billion target,' citing ongoing cost optimization, supply chain adaptation, and further investments in first-party content. Wilson added that resilience in gross gaming revenue (GGR) across U.S. markets and upcoming platform efficiencies will be critical signposts for achieving the company's full-year objectives. Management attributed Q1's performance to successful product launches, expanded DTC channels, and proactive supply chain adjustments to address tariff uncertainty, while also highlighting strategic preparations for the Grover Gaming acquisition. Gaming operations expansion: Light & Wonder increased its North American installed base by over 500 units sequentially, now exceeding 34,000 units, with 51% of machines classified as premium. Management noted a 400-basis-point share gain in North American game sales over the past year, underscoring momentum in both hardware and content franchises. SciPlay DTC momentum: The SciPlay segment sustained its outperformance versus the broader social casino market, with Quick Hit Slots and 88 Fortunes posting double-digit growth. The company's DTC platform now accounts for over 13% of SciPlay revenue, and recent regulatory changes around alternative payment methods are expected to further increase DTC penetration and margins. iGaming content launches: Light & Wonder reported ongoing success with new first-party games and exclusive partnerships, such as the launch of Huff and More Puff with FanDuel and Wizard of Oz Over the Rainbow with BetMGM. These titles set single-game records and are expected to drive broader market expansion as exclusivity periods end. Tariff and supply chain mitigation: Management detailed efforts to mitigate tariff impacts through supply chain reconfiguration, including inventory pull-forwards and increased sourcing via Mexico. They emphasized that current inventory will remain tariff-unaffected for several quarters, giving the company time to adapt further. Grover Gaming acquisition progress: The Grover transaction remains on track, with regulatory approvals expected by the end of Q2. Management views this acquisition as a strategic entry into the regulated charitable gaming market, accelerated by Indiana's recent legalization of electronic pull tabs, which was not included in prior forecasts. Management's outlook is anchored in margin expansion initiatives, supply chain adaptation, and increased contribution from digital and regulated gaming channels. Second-half weighted growth: Management expects improved sales momentum in the latter half of the year, driven by the rebound of SciPlay's Jackpot Party, new game launches, and anticipated contributions from the Grover Gaming acquisition. They see recurring revenue and premium product mix as key drivers of this acceleration. Margin optimization and cost control: The company continues to implement margin enhancement strategies, including ongoing supply chain right-shoring and operational efficiencies. These efforts are intended to offset tariff headwinds and support sustained EBITDA margin performance at or above current levels. Digital and platform investments: Light & Wonder is increasing investment in its DTC channel for SciPlay and advancing its Carbon platform to enable simultaneous game releases across business lines. This should improve cost efficiency and scalability as new markets, such as Indiana's charitable gaming, come online. In the coming quarters, our analysts will be tracking (1) the pace of DTC adoption in SciPlay and its effect on segment margins, (2) the integration and revenue contribution from the Grover Gaming acquisition, especially in newly legalized markets, and (3) the company's ability to further optimize supply chain and operational costs to sustain margin expansion. Execution on the Carbon platform and the rollout of high-performing content across channels will also be key to monitoring progress. Light & Wonder currently trades at a forward P/E ratio of 15.5×. Should you double down or take your chips? See for yourself in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). 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