An update from Light & Wonder ( (LNW) ) is now available.
Light & Wonder, Inc. is embroiled in a legal battle over their Dragon Train game after a U.S. District Court granted a preliminary injunction in favor of Aristocrat. The company strongly disagrees with the decision and is set to appeal, determined to defend its interests and present its case to a jury. Despite the legal setback, Light & Wonder is confident in its diverse portfolio of successful game franchises and reaffirms its 2025 financial target of $1.4 billion in consolidated AEBITDA. They continue to innovate and grow, with Dragon Train’s contribution to this goal being less than 5%. The company emphasizes its leadership in the game industry, noting its top market shares and the ongoing development of new game iterations in line with the court’s ruling.
For an in-depth examination of LNW stock, go to TipRanks’ Stock Analysis page.
