Light & Wonder Extends Long-term Partnership With Entain
April 14 2022 - 6:31AM
Business Wire
Scientific Games Corporation, doing business as Light &
Wonder, (NASDAQ: SGMS) (“Light & Wonder,” “L&W” or the
“Company”) has extended its existing agreement with global sports
betting, gaming and interactive entertainment group Entain through
to 2030.
The original agreement signed with Entain in 2018 was a landmark
deal for the Company and the largest contract to date for Light
& Wonder’s UK gaming business. This extension has built on this
successful relationship and is testament to the ongoing success of
the Company’s UK retail server-based gaming solution and strength
of the long-term partnership with Entain.
Light & Wonder will continue to supply over 10,000 terminals
to Entain’s licensed betting offices (LBO) through their Coral and
Ladbrokes retail shops. The Company will also provide
industry-leading game titles from its global game portfolio as well
as titles from its Manchester Studio, which has recently launched
successful key titles including Lord of The Rings and 777 High
& Mighty™.
Additionally, the Company’s leading content aggregation platform
provides Entain access to an extensive library of over 3,000 titles
available from the world’s leading studios, complemented by
cutting-edge player features including responsible gaming
tools.
“Our stores provide an engaging and differentiated experience
for our customers. Light & Wonder enhances that with the
industry’s best gaming machines backed up by a great range of
leading games, service infrastructure and support,” said Andy
Hicks, Retail MD UK & Ireland at Entain.
Entain will also benefit from Light & Wonder’s industry
renowned operational and field service support, cutting edge
content and dynamic platform functionality including new features
such as intelligent menu enhancements.
“We are delighted that Entain has chosen to continue our
partnership through to 2030,” said Simon Johnson, Senior Vice
President & Managing Director, EMEA at Light & Wonder. “Our
teams have more than 20 years of history together and we’re excited
about supporting Entain through their next phase of growth and
innovation. The future is exciting for both Entain and
L&W.”
Entain is one of the world’s largest sports betting and gaming
groups with a comprehensive portfolio of established brands,
including Ladbrokes, Coral, bwin, PartyCasino, Gala, Eurobet, Neds,
and Sportingbet.
© 2022 Scientific Games Corporation. All rights reserved.
About Light & Wonder, Inc.
Scientific Games Corporation, doing business as Light &
Wonder, is the global leader in cross-platform games and
entertainment. The Company brings together over 5,000 employees
from six continents to connect content between land-based and
digital channels with unmatched technology and distribution. Guided
by a culture that values daring teamwork and creativity, the
Company builds new worlds of play, developing game experiences
loved by players around the globe. Its OpenGaming™ platform powers
the largest digital-gaming network in the industry. The Company is
committed to the highest standards of integrity, from promoting
player responsibility to implementing sustainable practices. To
learn more, visit lnw.com.
About Entain plc
Entain plc (LSE: ENT) is a FTSE100 company and is one of the
world’s largest sports-betting and gaming groups, operating both
online and in the retail sector. The Group owns a comprehensive
portfolio of established brands; Sports Brands include bwin,
Bet.pt, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet
and Sports Interaction; Gaming Brands include CasinoClub, Foxy
Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and
PartyCasino. The Group owns proprietary technology across all its
core product verticals and in addition to its B2C operations
provides services to a number of third-party customers on a B2B
basis.
The Group has a 50/50 joint venture, BetMGM, a leader in sports
betting and iGaming in the US. Entain provides the technology and
capabilities which power BetMGM as well as exclusive games and
products, specially developed at its in-house gaming studios. The
Group is tax resident in the UK with operations in a total of 31
regulated or regulating territories. Entain is a leader in ESG, a
member of FTSE4Good, the DJSI and is AA rated by MSCI. The Group
has set a science-based target, committing to be carbon net zero by
2035 and through the Entain Foundation supports a variety of
initiatives, focusing on safer gambling, grassroots sport,
diversity in technology and community projects. For more
information see the Group’s website: www.entaingroup.com
Forward-Looking Statements
In this press release, Scientific Games makes "forward-looking
statements" within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. Forward-looking statements can be
identified by words such as "will," "may," and "should." These
statements are based upon management's current expectations,
assumptions and estimates and are not guarantees of timing, future
results or performance. Therefore, 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
these 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
Scientific Games’ current reports on Form 8-K, quarterly reports on
Form 10-Q and its upcoming annual report on Form 10-K that will be
filed with the SEC on March 1, 2022 (including under the headings
"Forward-Looking Statements" and "Risk Factors"). Forward-looking
statements speak only as of the date they are made and, except for
Scientific Games' ongoing obligations under the U.S. federal
securities laws, Scientific Games undertakes no obligation to
publicly update any forward-looking statements whether as a result
of new information, future events or otherwise.
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Media Inquiries: Media@lnw.com
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