Light & Wonder Increases Custom Content Capabilities through Acquisition of Open Game Development Platform and Content Provider Playzido

LAS VEGAS–()–Light & Wonder, Inc. (NASDAQ: LNW), previously often known as Scientific Games Corporation (“Light & Wonder,” “L&W” or the “Company”), in the present day introduced that the Company has considerably elevated the scope of its iGaming content material capabilities with the acquisition of Playzido, a dynamic content material creation platform supplier and recreation provider.

Playzido’s proprietary Remote Gaming Server (RGS) platform is one of the most effective within the iGaming {industry} for speedy customized recreation improvement

Their open and agile platform will speed up the tempo at which L&W can associate with recreation studios and operators throughout the globe to co-create new and unique content material for gamers.

Plazyido’s platform will speed up the L&W partnership technique that has already been instrumental within the creation of content material for studios like Lightning Box, who was additionally lately acquired by L&W.

This acquisition will present a quicker path to marketplace for inventive studios who don’t personal their very own improvement platform, who can now make the most of Playzido’s superior expertise to quickly develop thrilling and participating content material and take benefit of L&W’s industry-leading and regulatory-ready OpenGaming™ aggregation platform to distribute extra video games than ever earlier than throughout L&W’s operator community. For operators, this won’t solely present new and thrilling content material, but additionally facilitates their rising demand to develop and launch distinctive content material.

This marks one other step in direction of Light & Wonder’s imaginative and prescient of turning into the main cross-platform international recreation firm.

Launched in 2018 by former Paddy Power and Betfair alumni, Stuart Banks, Playzido has developed a robust footing in European markets, and now, with Light & Wonder, is primed to scale additional in these markets and to interrupt into North American markets. Playzido’s versatile expertise is purpose-built for inventive impartial studios by supporting each recreation sort and incorporating components together with multiplayer video games and jackpots.

Dylan Slaney, CEO at Light & Wonder, iGaming mentioned: “The Playzido deal is an ideal instance of an acquisition that dovetails with our international technique, demonstrating but once more our dedication to make focused value-enhancing investments designed to advance our cross-platform content material capabilities.

“Playzido’s platform is one of the most effective within the {industry} and we’re delighted to have the ability to harness that expertise to assist studios and operators globally to develop and distribute recreation content material that can proceed to resonate with gamers. Light & Wonder is the go-to associate for recreation improvement and distribution globally, delivering the right mixture of expertise, community, and providers.”

Stuart Banks at Playzido mentioned: “This deal is testomony to the drive and dedication of our staff, who’ve been dedicated to constructing a incredible video games platform that enables impartial studios and operators to deliver their creativity and innovation to the worldwide gaming market.

“It is the right second to grow to be half of the Light & Wonder household, with the distribution energy of OpenGaming, and their regulatory experience, we are able to look to speed up rapidly by bringing on board extra studios than ever earlier than. The synergies behind the acquisition are clear and we’ll now flip our consideration to extending our attain throughout markets internationally.”

The newest deal by Light & Wonder follows current high-profile iGaming acquisitions of slot developer Lightning Box, premium dwell on line casino supplier Authentic Gaming and main European slot developer ELK Studios.

© 2022 Scientific Games Corporation. All rights reserved.

About Light & Wonder, Inc.

Light & Wonder, Inc. (previously often known as Scientific Games Corporation), is the worldwide chief in cross-platform video games and leisure. The Company brings collectively 5,000 workers from six continents to attach content material between land-based and digital channels with unmatched expertise and distribution. Guided by a tradition that values daring teamwork and creativity, the Company builds new worlds of play, creating recreation experiences cherished by gamers across the globe. Its OpenGaming™ platform powers the most important digital-gaming community within the {industry}. The Company is dedicated to the best requirements of integrity, from selling participant duty to implementing sustainable practices. To be taught extra, go to

Forward-Looking Statements

In this press launch, the Company makes “forward-looking statements” throughout the which means of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be recognized by phrases equivalent to “will,” “might,” and “ought to.” These statements are primarily based upon administration’s present expectations, assumptions and estimates and will not be ensures of timing, future outcomes, or efficiency. Therefore, you shouldn’t depend on any of these forward-looking statements as predictions of future occasions. Actual outcomes might differ materially from these contemplated in these statements because of a range of dangers, uncertainties and different components, together with these components described in our filings with the Securities and Exchange Commission (the “SEC”), together with the Company’s present reviews on Form 8-Ok, quarterly reviews on Form 10-Q and its annual report on Form 10-Ok that was filed with the SEC on March 1, 2022 (together with below the headings “Forward-Looking Statements” and “Risk Factors”). Forward-looking statements communicate solely as of the date they’re made and, apart from the Company’s ongoing obligations below the U.S. federal securities legal guidelines, the Company undertakes no obligation to publicly replace any forward-looking statements whether or not because of this of new info, future occasions or in any other case.

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