Light & Wonder reported lower revenue but higher earnings in Q3 2026. The Light & Wonder Q3 results showed growth in iGaming, while SciPlay revenue declined. The company supplies casino machines, gaming content and online gaming technology.

  • Revenue and earnings: Revenue fell 2% to USD 824m (ca. EUR 731m), from USD 841m. Net income rose 17% to USD 133m (ca. EUR 118m). Adjusted EBITDA increased 2% to USD 383m (ca. EUR 340m).
  • Gaming: Gaming revenue fell 1% to USD 554m (ca. EUR 492m). Gaming machine sales increased 5% to USD 199m, while gaming operations revenue rose 3% to USD 248m. Gaming systems revenue declined 24%.
  • iGaming and SciPlay: iGaming revenue increased 13% to USD 97m (ca. EUR 86m). SciPlay revenue fell 12% to USD 173m (ca. EUR 154m). Wagers processed through the iGaming platform reached USD 31.7bn.
  • Debt and outlook: Light & Wonder reduced debt by USD 153m (ca. EUR 136m), bringing its net debt leverage ratio to 3.3x. CEO Matt Wilson said: “Gaming momentum continues.” Following the Light & Wonder Q3 2026 results, the company expects full-year adjusted EBITDA growth at the lower end of its previous forecast.
  • Supplier: Light & Wonder supplies casino gaming machines, iGaming content and technology to gambling operators. The company also operates SciPlay, a social casino gaming business. Its activities cover land-based casinos, online casinos and free-to-play games.

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